Cheap Apartments for Rent in Bay County, FL from $500 (60 Rentals)

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

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.

property at 102 Sims Ave

102 Sims Ave

Panama CityFL32404

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property at 5154 Marla Dr

5154 Marla Dr

Panama CityFL32404

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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5802 Sr-22
1 Bedroom Apartments

5802 Sr-22

5802 Sr-22Panama City, FL 32404

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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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The Arbors @ 15th
1 to 3 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
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618 Evergreen St
Studio to 2 Bedroom Apartments

618 Evergreen St

618 Evergreen StPanama City Beach, FL 32407
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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

5707 Lake DrPanama City, FL 32404
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Emerald Bay Apartments
Studio Apartments

Emerald Bay Apartments

644 W Caladium CirPanama City Beach, FL 32413
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Panama Commons
2 to 4 Bedroom Apartments

Panama Commons

1001 Sherman AvePanama City, FL 32401
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1600 Florida Ave
2 to 3 Bedroom Apartments

1600 Florida Ave

1600 Florida AveLynn Haven, FL 32444

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.

Cheapest Available Bay County Apartments for Rent

 

The cheapest available apartment rental in Bay County, FL is a 1 Bed unit found at Cottages by the Bay priced from $1,050. Tyndall Pointe Luxury Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Bay County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages by the Bay1 Bed/1 Bath1BR,1BA$1,050
Tyndall Pointe Luxury Townhomes1 Bed 1 Bath Unit1BR,1BA$1,195
Spyglass Apartments1 bedroom1BR,1BA$1,195
Aztec Villa ApartmentsTwo Bedroom2BR,2BA$1,220
Exchange at North BayA-11BR,1BA$1,270
10X Breakfast PointA11BR,1BA$1,274
Bay Front Apartments1 Bed, 1 Bath1BR,1BA$1,275
The Reserve at Northshore1 Bedroom B1BR,1BA$1,275
Emerald ParkType 11BR,1BA$1,300

Best Value Apartments for Rent in Bay County, FL

As of July 31, 2025 the best value apartment in the Bay County area is the $1.19 price per square foot Palm A Model at Parkview at Lynn Haven in the in the SweetBay neighborhood starting from $1,800. 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.
Parkview at Lynn HavenPalm A3BR,2.5BA$1.19
Bridge Harbor Townhomes3 bedroom3BR,2.5BA$1.21
Covey Homes Grand LagoonMint3BR,2.5BA$1.34
The Place at Grand LagoonC13BR,2BA$1.38
North Bay LandingsTwo Bedroom2BR,2BA$1.31
3909 Ocean View Dr, Unit B3909 Ocean View Dr1BR,1.5BA$1.36
Arbor Trace Apartment HomesTupelo1BR,1BA$1.31
Aztec Villa ApartmentsTwo Bedroom2BR,2BA$1.14
2701 beech st #a, Unit b2701 beech st #a2BR,1BA$1.30
5820 Hickory St, Unit Apt 135820 Hickory St2BR,1BA$1.31

Frequently Asked Questions about Cheap Bay County Apartments

How much is rent for a Cheap One Bedroom Bay County Apartment?

The lowest price for a Cheap One Bedroom Bay County Apartment is $1,050 at Cottages by the Bay.

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 $1,220 at Aztec Villa 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 Aztec Villa Apartments and starts from $1,505.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.