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How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Mary Esther & Beyond
Mary Esther shares many of the great qualities that make Florida a desirable place to live.
Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.
With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.
Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.
Rental Market Trends
Mary Esther, FL
As of June 2026, Mary Esther's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Mary Esther's average rent is 14.1% ($296) lower than the Florida average of $2,100 and 0.4% ($7) higher than the U.S. average of $1,797.
Average Rent
$1,804
Monthly ChangeMonth Over Month Change
2.3% ($40)
Yearly ChangeYear Over Year Change
14.1% ($296)
Avg. Days on MarketAverage Days on Market
27
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,102 | 0.2% ($2) | 5.4% ($63) |
| 2 Beds | $1,299 | 2% ($26) | 8.5% ($120) |
| 3 Beds | $2,140 | 6.4% ($128) | 3.3% ($72) |
| Nearby Cities | Average Rent | Avg. Rent vs. Mary EstherAverage Rent vs. Mary Esther | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Fort Walton Beach | $1,627 | 9.8% ($177) | 25 days |
| Shalimar | $2,104 | 16.6% ($300) | 25 days |
| Navarre | $1,734 | 3.9% ($70) | 35 days |
| Destin | $2,537 | 40.6% ($733) | 26 days |
| Niceville | $2,204 | 22.2% ($400) | 27 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Mary Esther Rental Market FAQs
Explore rental prices, market trends, and availability in Mary Esther, FL.
The average rent in Mary Esther, FL is $1,804 per month.
Apartments in Mary Esther typically rent for between $771 and $2,782 per month, with an average of $1,804 per month.
In Mary Esther, the average rent for a 1-bedroom apartment is $1,102 per month, for a 2-bedroom apartment, $1,299 per month, and a 3-bedroom apartment is $2,140 per month.
The average rent in Mary Esther is 0.4% ($7) higher than the national average of $1,797 per month.
The average rent in Mary Esther has increased by 2.3% ($40) in the last month and decreased by 14.1% ($296) over the past year.
The rental market in Mary Esther, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Mary Esther, FL, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 22 rental properties available in Mary Esther, FL.
Based on the current averages, a household would need an annual income of $51,960 to comfortably afford a 2-bedroom apartment in Mary Esther.
