
Cheap Apartments for Rent in Bay County, FL from $400 (97 Rentals)
Search the lowest-cost Apartments available for rent right now in Bay County.


600 N Bob Little Rd

Lynn Haven Cove Apartments

Cottages by the Bay

Cedar Trace Apartments

Caladium Apartments

Northgate Terrace I

Pinnacle at Hammock Square

Pinnacle at Hammock Place

6707-6722 FL-22
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Tyndall Pointe Townhomes

3519 E 1st Ct, Unit 10-202

1104 W 19th Ct

6321 Lenawee St

Bayside Villas

Andrews Place Apartments

Westwood Village

240 Harmon Ave, Unit 110

1304 Grace Ave

3519 E 1st Ct, Unit 15-201
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1000 Transmitter Rd, Unit B4

Stone Harbor

Total Monthly Price
6724 Chipewa St, Unit A

Turtle Lake

4828 Grimes St

3628 E Orlando Rd

Tranquility at Saint Andrews

Spyglass Apartments

Westshore Palms

108 N Anita Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

8817 S Thomas Dr

2405 Allison Ave

1525 Oak Ave

Total Monthly Price
Aztec Villa Apartments

307 Wilson Ave

White Sands

606 E 13th St

1516 Kraft Ave

6218 Hilltop Ave

5117 E 10th St
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Exchange at North Bay

Stanford Pointe

The Reserve at Northshore

Exchange at the Beach

Bay Front Apartments

The Place at Grand Lagoon

240 Harmon Ave, Unit 213

Sea Sound

Waterstone at Jenks

The Lory of Panama City
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Bay County, FL Local Guide

How much does it cost to rent an apartment in Bay County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bay County Studio Apartments | $1,495 | $895 | $2,808 |
| Bay County 1 Bedroom Apartments | $1,609 | $825 | $5,477 |
| Bay County 2 Bedroom Apartments | $1,971 | $950 | $7,029 |
| Bay County 3 Bedroom Apartments | $2,433 | $1,150 | $10,000+ |
| Bay County 4 Bedroom Apartments | $4,758 | $1,295 | $10,000+ |
Browse Apartments in Bay County
See all Apartments in BayExplore Bay County
Cheapest Available Bay County Apartments for Rent
 The cheapest available apartment rental in Bay County, FL is a Studio unit found at Cottages by the Bay priced from $899. Cedar Trace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Bay County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottages by the Bay | Studio | Studio,1BA | $899 |
| Cedar Trace Apartments | 1 bedroom | 1BR,1BA | $900 |
| Caladium Apartments | Studio | Studio,1BA | $925 |
| Pinnacle at Hammock Place | 1x1 | 1BR,1BA | $949 |
| Tyndall Pointe Townhomes | 1 Bed 1 Bath Unit | 1BR,1BA | $995 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,037 |
| Stone Harbor | Two Bedroom Two Bath | 2BR,2BA | $1,118 |
| Pinnacle at Hammock Square | 2x2 | 2BR,2BA | $1,125 |
| Aztec Villa Apartments | Two Bedroom with Washer & Dryer | 2BR,2BA | $1,220 |
Best Value Apartments for Rent in Bay County, FL
As of June 18, 2026 the best value apartment in the Bay County area is the $1.14 price per square foot Silver Bell Model at Arbor Trace Apartment Homes in the in the SweetBay neighborhood starting from $1,559. The second greatest value Bay County apartment is the The Emerald Model at Waterstone at Jenks starting at $1,499 with a $1.18 price per square foot in the SweetBay neighborhood. Here is today’s list of the best values for Bay County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbor Trace Apartment Homes | Silver Bell | 2BR,2BA | $1.14 |
| Waterstone at Jenks | The Emerald | 2BR,2BA | $1.18 |
| 6724 Chipewa St, Unit A | 6724 Chipewa St | 2BR,1BA | $0.94 |
| The Arbors @ 15th | Oakland | 3BR,2BA | $1.24 |
| Pointe Grand Panama City | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.23 |
| Stone Harbor | Three Bedroom Two Bath | 3BR,2BA | $1.11 |
| Aztec Villa Apartments | Two Bedroom with Washer & Dryer | 2BR,2BA | $1.14 |
| Pinnacle at Hammock Square | 2x2 | 2BR,2BA | $1.07 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
| Tyndall Pointe Townhomes | 1 Bed 1 Bath Unit | 1BR,1BA | $1.24 |
Frequently Asked Questions about Cheap Bay County Apartments
What is the Cheapest Studio apartment in Bay County?
Currently the most affordable Cheap Studio Apartment in Bay County is at Cottages by the Bay listed at $899.
How much is rent for a Cheap One Bedroom Bay County Apartment?
The lowest price for a Cheap One Bedroom Bay County Apartment is $900 at Cedar Trace Apartments.
What is the lowest price for a Cheap Two Bedroom Bay County Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bay County is starting from $975 at Cedar Trace Apartments.
What is the most affordable Bay County Three Bedroom Apartment?
The best deal on a cheap Bay County Three Bedroom Apartment rental is at Cedar Trace Apartments and starts from $1,125.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.