Cheap Apartments for Rent in Bay County, FL from $400 (85 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bay County.

property at 8817 S Thomas Dr

8817 S Thomas Dr

Panama City BeachFL32408
property at 143 Claire Ave

143 Claire Ave

Panama CityFL32401

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.

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property at 5218 Beach Dr

5218 Beach Dr

Panama CityFL32408
property at 9850 S Thomas Dr

9850 S Thomas Dr

Panama City BeachFL32408

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 9860 S Thomas Dr

9860 S Thomas Dr

Panama City BeachFL32408
property at 237 Helen Ave

237 Helen Ave

Panama CityFL32401

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Cheapest Available Bay County Apartments for Rent

 

The cheapest available apartment rental in Bay County, FL is a 1 Bed unit found at Magnolia Cove Apartments and Marina in the Downtown Panama City neighborhood priced from $650. Palm Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Bay County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Magnolia Cove Apartments and Marina1 bed1BR,1BA$650
Palm Court Apartments1x11BR,1BA$825
Cedar Trace Apartments1 bedroom1BR,1BA$900
Cottages by the BayStudioStudio,1BA$915
Northgate Terrace IThe Kenley IIStudio,1BA$925
Pinnacle at Hammock Square1 Bed, 1 bath1BR,1BA$947
Bayside VillasThe Coral2BR,1BA$999
Westshore PalmsThe Sapphire1BR,1BA$1,049
Westwood VillageThe Anise1BR,1BA$1,075
10X Breakfast PointA11BR,1BA$1,115

Best Value Apartments for Rent in Bay County, FL

As of December 01, 2025 the best value apartment in the Bay County area is the $1.22 price per square foot Aria Model at Sunset Village in the starting from $1,999. The second greatest value Bay County apartment is the 3 bedroom Model at Bridge Harbor Townhomes starting at $1,800 with a $1.21 price per square foot . Here is today’s list of the best values for Bay County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset VillageAria3BR,2BA$1.22
Bridge Harbor Townhomes3 bedroom3BR,2.5BA$1.21
Parkview at Lynn HavenPalm B3BR,2.5BA$1.31
Arbor Trace Apartment HomesLaurel Oak2BR,2BA$1.22
The Arbors @ 15thMagnolia2BR,2BA$1.20
White SandsThe Cabana1BR,1BA$1.19
Edgewater CrossingsBIRKDALE1BR,1BA$1.30
Pinnacle at Hammock Square1 Bed, 1 bath1BR,1BA$1.23
Cedar Trace Apartments1 bedroom1BR,1BA$1.30
Magnolia Cove Apartments and Marina1 bed1BR,1BA$1.00

Frequently Asked Questions about Cheap Bay County Apartments

What is a cheap apartment in Bay County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bay County is under $1,115.

What is the price of a cheap apartment in Bay County?

The cheapest apartment in Bay County is Magnolia Cove Apartments and Marina which is listed at $650, while the average apartment in Bay County costs $2,823.

What types of apartments are the cheapest in Bay County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Bay County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Bay County?

Cheap apartments in Bay County have an average cost of $187 which is $2,636 cheaper than the average rent for all rentals in Bay County.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.