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Cinco Bayou, FL
Full City Profile · Florida · Okaloosa County County
3.6
/5.0
B+
Good
666
Population
3,918/sq mi density
$79,830
Median Income
$50,473 per capita
$292,700
Home Value
$318,888 Zillow
$1,375
Median Rent
23.8% income on rent
70°F
Avg Temperature
306 sunny days/yr
340
Violent Crime/100K
3,319 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$79,830 median income, 1.0% unemployment
A+
Affordability
4.6 / 5.0
$292,700 home value, $1,375/mo rent
F
Safety
1.0 / 5.0
340 violent crimes/100K
A
Education
4.2 / 5.0
39.5% bachelor's degree or higher
Housing Overview
Median Home Value
$292,700
4% above
US avg: $281,900
Median Rent
$1,375/mo
18% above
US avg: $1,163/mo
Homeownership Rate
59.4%
9% below US avg (65.4%)
Total Housing Units
378
Median year built: 1989
Home Value by Source
Census Median
$292,700
Zillow (ZHVI)
$318,888
Median Sale Price
$175,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.4%
Owner-Occupied
40.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,375/mo
Market Indicators (Redfin)
Median Days on Market
24 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$134
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
59.4%
Complete Housing Data
Home Values
| Census Median Value | $292,700 |
| Zillow Home Value (ZHVI) | $318,888 |
| Median Sale Price | $175,000 |
| Price Per Sq Ft | $134 |
Rent
| Census Median Rent | $1,375 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 24 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $134 |
Ownership & Stock
| Owner-Occupied | 59.4% |
| Renter-Occupied | 40.6% |
| Homeownership Rate | 59.4% |
| Total Housing Units | 378 |
| Median Year Built | 1989 |
| Rent Burden | 23.8% |