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Are Crestview Rents Declining in 2025?

Are Crestview Rents Declining in 2025?

Are Crestview Rents Declining in 2025?

If you own a rental property in Crestview, you may be wondering whether local rents are rising or falling in 2025. The market has shifted over the last year, and understanding these changes can help you plan renewals, pricing, and expectations. Here is a clear breakdown of what is happening and how Crestview landlords can respond, as seen by a Crestview professional property manager.

Yes, Crestview Rents Really Are Declining in 2025

Yes, rents for the average three bedroom two bath home in Crestview have declined over the past 12 months. Rental rates have dropped roughly four to five percent. For example, an average rent of around 1670 has fallen by about 75 dollars. While this is not a dramatic crash, it is a meaningful shift that impacts renewals and new lease pricing.

Why Rents Are Dropping in Crestview

The most common reason is oversupply. Crestview currently has more available rental homes than active renters. When supply rises faster than demand, prices soften. Other factors contributing to the decline include:

• Fewer people moving due to high inflation and high living costs
• Seasonal slowdowns depending on the time of year
• Overall economic hesitation making renters less willing to relocate

These conditions combined have created downward pressure on rental prices through 2024 and into 2025.

What This Means for Your Upcoming Renewals

If your tenant signed their lease in 2024, be prepared for the possibility that their renewal rate in 2025 or 2026 may be lower. For example, a home rented at 1800 in July 2024 may renew at a lower rate if market conditions in July 2025 justify it. Tenants may also request a reduction to match the updated market rate.

The key is not to be surprised. Market rent does not always go up every year, and in this season Crestview landlords should prepare for some downward adjustments.

What You Can Do to Reduce the Impact

While you cannot control the broader rental market, you can take steps to make your home more competitive and maintain stronger pricing. Focus on:

• High quality photos to improve listing visibility
• A clean, well maintained home
• Modern upgrades that increase perceived value
• Strong amenities such as a fenced backyard, updated appliances, refreshed kitchen and bathrooms

The better the presentation and features, the better chance you have to attract a higher rate even in a cooling market.

Why Some Crestview Landlords Still Get Higher Rents

Despite the market decline, some management companies including Kuntz Property Group are still securing higher rents in 2025. The reason is simple. Good tenant care improves tenant retention and rental performance.

When renters feel valued, taken care of, and respected, they stay longer which reduces turnover. At Kuntz Property Group more than 70 percent of tenants renew their lease. This stability gives landlords a stronger position during pricing and creates more consistent rental income.

Providing a great experience, quick responses, and kindness pays off. Tenants are far more willing to renew at fair prices when they feel supported.

Final Thoughts

Crestview rents have declined over the last year, but that does not mean landlords must lose income. By improving property presentation, offering desirable amenities, caring for tenants, and staying aware of local market trends, you can remain competitive and maintain strong occupancy.

If you want help navigating pricing, renewals, or overall property management in Crestview, Kuntz Property Group can provide the guidance and support you need.

Contact us today to receive an instant rental analysis or to schedule a property management consultation!

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