The median home in Shalimar, Florida is valued at $373,701, down 1.0% year over year. Typical monthly rent is $2,006, producing a price-to-rent ratio of 15.5x — near the national average of 18x. Shalimar is part of the Crestview-Fort Walton Beach-Destin, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Crestview-Fort Walton Beach-Destin, FL stress score, crash risk, and 12-month forecast →

Home Value$373,701

-1.0%

Rent$2,006/mo

AFFORDABILITY

Enter your income for Shalimar.

Income (annual)

Down Payment

$74,740 on $373,701

Out of reach — 40.1% of income

Need $107,443/yr to afford.

PITI$2,507

P/I40.1%

Afford$261K

Gap-$113K

P&I $1,890Tax $268Ins $350

Renting $501/mo cheaper ($2,006 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Shalimar with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Crestview-Fort Walton Beach-Destin, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Crestview-Fort Walton Beach-Destin, FL metro.

View Crestview-Fort Walton Beach-Destin, FL metro →

SHALIMAR, FL