Cheap Apartments for Rent in Defuniak Springs, FL from $500 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in Defuniak Springs.

property at 720 E Nelson Ave

$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

720 E Nelson Ave

Defuniak SpringsFL32433

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.

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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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The Waters at Freeport
Rent Specials
$1,333 - $2,537
Total Monthly Price

Total Monthly Price

Base Rent
$1,333 - $2,537
Total Monthly Price
$1,333 - $2,537
1 to 3 Bedroom Apartments Available Now

The Waters at Freeport

185 Marquis WayFreeport, FL 32439
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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The Waters At Redstone
Rent Specials
$1,357 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,357 - $2,775
Total Monthly Price
$1,357 - $2,775
1 to 3 Bedroom Apartments Available Now

The Waters At Redstone

301 E Redstone AveCrestview, FL 32539
Outdoors
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  • Customer Reviewed
  • Utilities Included

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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Arcadia 331
Rent Specials
$1,440 - $1,874
Total Monthly Price

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$1,440 - $1,874
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1 to 2 Bedroom Apartments Available Now

Arcadia 331

34 Ramsey Branch RdFreeport, FL 32439
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Sea Glass
$1,469 - $7,112
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Total Monthly Price

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$1,469 - $7,112
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Studio to 3 Bedroom Apartments Available Now

Sea Glass

4320 Commons Dr WDestin, FL 32541
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Legacy on the Bay
Rent Specials
$1,491 - $4,046
Total Monthly Price

Total Monthly Price

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$1,491 - $4,046
Total Monthly Price
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1 to 4 Bedroom Apartments Available Now

Legacy on the Bay

251 Vinings Way BlvdDestin, FL 32541
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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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Rosemary Place
1 to 3 Bedroom Apartments

Rosemary Place

266 EMR AveFreeport, FL 32439
  • Utilities Included
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Quinta Villa
Studio to 3 Bedroom Apartments

Quinta Villa

125 W 1st AveCrestview, FL 32536
  • Utilities Included

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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Defuniak Springs, FL Local Guide

Cheapest Available Defuniak Springs Apartments for Rent

 

The cheapest available apartment rental in Defuniak Springs, FL is a 2 Beds unit found at Rosemary Place priced from $521. Hillcrest in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here is today’s list of the most affordable Defuniak Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosemary PlaceTwo Bedroom2BR,2BA$521
HillcrestStudio 1 BathStudio,1BA$935
Princeton Grove1/1 Bedroom1BR,1BA$986
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1,006
Bel Aire TerraceThe Venice1BR,1BA$1,118
Riverwood Apartment HomesLaurel1BR,1BA$1,265
The Exchange at CrestviewA11BR,1BA$1,295
The Waters at CrestviewThe Chenille1BR,1BA$1,315
Spring Creek ApartmentsB12BR,2BA$1,325
Terra MarCyprus1BR,1BA$1,330

Best Value Apartments for Rent in Defuniak Springs, FL

As of April 14, 2026 the best value apartment in the Defuniak Springs area is the $1.16 price per square foot 3 bedroom Model at Keystone Townhomes in the in the Shoal River Ranch neighborhood starting from $1,800. The second greatest value Defuniak Springs apartment is the Palm Corner Model at Walton's Landing Townhomes starting at $2,036 with a $1.37 price per square foot . Here is today’s list of the best values for Defuniak Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Walton's Landing TownhomesPalm Corner3BR,2.5BA$1.37
The Waters At RedstoneThe Eagle3BR,2BA$1.45
Spring Creek ApartmentsC13BR,2BA$1.19
Retreat at Redstone1x11BR,1BA$1.37
Rosemary PlaceTwo Bedroom2BR,2BA$0.51
The Waters at CrestviewThe Chenille1BR,1BA$1.57
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1.33
Bel Aire TerraceThe Venice1BR,1BA$1.55
Princeton Grove1/1 Bedroom1BR,1BA$1.51

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap Defuniak Springs Apartments

What is the Cheapest Studio apartment in Defuniak Springs?

Currently the most affordable Cheap Studio Apartment in Defuniak Springs is at Hillcrest listed at $935.

How much is rent for a Cheap One Bedroom Defuniak Springs Apartment?

The lowest price for a Cheap One Bedroom Defuniak Springs Apartment is $986 at Princeton Grove.

What is the lowest price for a Cheap Two Bedroom Defuniak Springs Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Defuniak Springs is starting from $521 at Rosemary Place.

What is the most affordable Defuniak Springs Three Bedroom Apartment?

The best deal on a cheap Defuniak Springs Three Bedroom Apartment rental is at Bel Aire Terrace and starts from $1,464.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.