States › Florida › Niceville

Is Niceville, FL expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,36135% higher than U.S. average
💵 Families earn per year (2026)$110,448about $9,204/month · 27% higher than U.S. average
🔑 House price$423,50027% higher than U.S. average

Rent is higher than in 82% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $94,440 a year. That is $45 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 363 of 479 cities from cheapest to most expensive.

Niceville
$2,361
Minneola
$2,420
Yulee
$2,658
Gladeview
$1,419
Lady Lake
$1,851
Longwood
$1,992
Lake Wales
$1,400

How much do households earn in Niceville?

Under $25k
7.9%
$25k–50k
15.5%
$50k–100k
36.1%
$100k–150k
19.5%
$150k+
17.6%

Share of households by yearly income. 37.1% of households earn $100,000 or more.

Rent by apartment size in Niceville

SizeNicevilleU.S. average
2 bedrooms$1,417$1,509
3 bedrooms$2,068$1,698
4 bedrooms$2,991$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Niceville overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Niceville, so the Florida figure is shown.

Taxes and bills in Niceville

🏛️ Property tax$3,047a year · 0.72% of home value · U.S. $3,119
⚡ Electric bill$198a month (typical) · U.S. $156

Life in Niceville

Commute to work25 minU.S.: 26.4 min
College degree38.5%U.S.: 35.7%
Own their home73.6%U.S.: 65.2%
Below poverty line10.3%U.S.: 12.5%
Unemployment1.1%U.S.: 5.2%

Is it cheaper to rent or buy in Niceville?

Renting is cheaper right now: about $578 a month less.

Renting
$2,361
Owning
$2,939

Owning assumes a typical $423,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,350 for the down payment.

Frequently asked questions

What is the average rent in Niceville, FL?

Renting in Niceville costs a median of about $2,361 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Niceville?

To keep rent under 30% of income, you need about $94,440 a year, or $45 an hour at a full-time job.

Is Niceville cheap or expensive?

Niceville is rated OK: rent takes 25.7% of the typical household income of $110,448. It ranks 363rd cheapest of 479 Florida cities we track.

How much are property taxes in Niceville?

The median homeowner in Niceville pays $3,047 a year in property taxes, about 0.72% of the median home value.

Is Niceville more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Niceville?

The median home value in Niceville is $423,500, about 3.8 times the typical yearly household income.

16,544 people live in Niceville. Numbers are typical (middle) values.