Cheap Apartments for Rent in Bay County, FL from $400 (97 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

property at 1525 Oak Ave

$1,200

1 Bedroom Rentals

Available Now

1525 Oak Ave

Panama CityFL32405
property at 307 Wilson Ave

$1,225 - $1,345

1 Bedroom Rentals

Available Now

307 Wilson Ave

Panama CityFL32401
property at 5117 E 10th St

$1,200 - $1,250

2 Bedroom Rentals

Available Now

5117 E 10th St

Panama CityFL32404

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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.

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 ListingModel NameBed/BathPriced From
Cottages by the BayStudioStudio,1BA$899
Cedar Trace Apartments1 bedroom1BR,1BA$900
Caladium ApartmentsStudioStudio,1BA$925
Pinnacle at Hammock Place1x11BR,1BA$949
Tyndall Pointe Townhomes1 Bed 1 Bath Unit1BR,1BA$995
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1,037
Stone HarborTwo Bedroom Two Bath2BR,2BA$1,118
Pinnacle at Hammock Square2x22BR,2BA$1,125
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor Trace Apartment HomesSilver Bell2BR,2BA$1.14
Waterstone at JenksThe Emerald2BR,2BA$1.18
6724 Chipewa St, Unit A6724 Chipewa St2BR,1BA$0.94
The Arbors @ 15thOakland3BR,2BA$1.24
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1.23
Stone HarborThree Bedroom Two Bath3BR,2BA$1.11
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR,2BA$1.14
Pinnacle at Hammock Square2x22BR,2BA$1.07
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1.19
Tyndall Pointe Townhomes1 Bed 1 Bath Unit1BR,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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.