Rent in Milton, FL
Across Milton's 4 ZIP codes, a 2-bedroom typically rents for about $1,092 a month, with figures from $939–$1,548. The highest typical rent is in 32572 ($1,548) and the lowest in 32583 ($939). 3 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Santa Rosa County pay about 0.57% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,154 | $1,154 | 4 |
| 1 bed | $1,106 | $625–$1,359 | 4 |
| 2 beds | $1,092 | $939–$1,548 | 4 |
| 3 beds | $1,632 | $1,498–$2,034 | 4 |
| 4 beds | $2,003 | $1,778–$2,435 | 4 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Milton ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Milton, FL?
- About $1,092 a month: the median of the typical rents in 4 ZIP codes, which range from $939–$1,548. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Milton, FL?
- About $1,106 a month: the median of the typical rents in 4 ZIP codes, which range from $625–$1,359. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Milton, FL?
- About $1,632 a month: the median of the typical rents in 4 ZIP codes, which range from $1,498–$2,034. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Milton, FL?
- About $1,154 a month: the median of the typical rents in 4 ZIP codes, which range from $1,154. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Milton, FL?
- About $2,003 a month: the median of the typical rents in 4 ZIP codes, which range from $1,778–$2,435. Figures are gross rent (rent plus tenant-paid utilities).
- Which Milton ZIP code has the highest rent?
- For a 2-bedroom, 32572 has the highest typical rent at $1,548 a month, and 32583 the lowest at $939.
- What is the property tax rate in Milton, FL?
- Owner-occupied homes in Santa Rosa County pay a typical 0.57% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Milton rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).