Santa Rosa Beach, FL housing market
Typical home value
$873K
▲ 1.1% 1 yr
Typical rent
$1,930/mo
▲ 1.4% 1 yr
Gross rent yield
2.7%
U.S. 6.3%
5-year home value change
+4%
U.S. +20%
Key takeaways
- 1The typical home in Santa Rosa Beach is worth $872,569, up 1.1% over the past year and up 4% over five years.
- 2Typical rent is $1,930 a month (+1.4% YoY), a gross rent yield of 2.7% (below the Crestview, FL metro's 5.4%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $4,795/mo, $2,865 more than typical rent.
- 4Zillow forecasts the Crestview, FL metro's home values to change +0.2% over the next 12 months.
Market temperature (Crestview, FL metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 38/100, #318 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Santa Rosa Beach compares
| Measure | Santa Rosa Beach | Crestview, FL metro | United States |
|---|---|---|---|
| Typical home value | $872,569 | $439,733 | $366,157 |
| Home value, 1-yr change | +1.1% | +0.7% | +1.2% |
| Typical rent | $1,930 | $1,968 | $1,932 |
| Rent, 1-yr change | +1.4% | +3.5% | +2.7% |
| Gross rent yield | 2.7% | 5.4% | 6.3% |
| Price-to-rent ratio | 37.7 | 18.6 | 15.8 |
| Mortgage P&I, typical home | $4,795 | $2,417 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Santa Rosa Beach rental, pre-filled.
Rent vs buy in Santa Rosa Beach
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $873K home.
Landlord in Florida? See Florida deposit, late fee and notice rules.
Other cities in the Crestview, FL metro
Fort Walton Beach, FL
$322K home$1,828 rent
▲ 1.3% 1 yr
Crestview, FL
$288K home$1,882 rent
▲ 0.1% 1 yr
Niceville, FL
$435K home$2,150 rent
▲ 1.0% 1 yr
Destin, FL
$617K home$2,087 rent
▲ 2.0% 1 yr
Mary Esther, FL
$324K home$2,116 rent
▼ 0.3% 1 yr
Shalimar, FL
$384K home$1,850 rent
▲ 1.5% 1 yr
Freeport, FL
$386K home$1,969 rent
▼ 2.2% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.