ZIP 32579 — Shalimar, FL: rental yield & market data
Gross rental yield of 5.94% — ranked #502 of 687 Florida ZIP codes. June 2026 data.
Gross rental yield
5.94%
Home value
$390,579
Market rent / mo
$1,933
Price-to-rent
16.8
Trend
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.7% | +15.8% |
| Market rent | +7.3% | — |
Metro: Crestview-Fort Walton Beach-Destin, FL · County: Okaloosa County · Annual rent: $23,196
Comparable ZIP codes in Florida
Similar home values, sorted by yield — the cheapest way to see if 32579 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 33025 | Miramar | FL | $389,147 | $2,454 | 7.57% | 13.2 | -4.4% |
| 33462 | Lake Worth Beach | FL | $390,271 | $2,352 | 7.23% | 13.8 | -2.7% |
| 33569 | Riverview | FL | $392,232 | $2,319 | 7.09% | 14.1 | -2.5% |
| 34209 | Bradenton | FL | $389,469 | $2,242 | 6.91% | 14.5 | -3.9% |
| 32097 | Yulee | FL | $390,232 | $2,111 | 6.49% | 15.4 | -0.2% |
| 33460 | Lake Worth Beach | FL | $388,990 | $1,963 | 6.05% | 16.5 | -2.1% |
| 32825 | Orlando | FL | $390,599 | $1,875 | 5.76% | 17.4 | -2.3% |
| 32439 | Freeport | FL | $391,934 | $1,842 | 5.64% | 17.7 | -2.7% |
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