Cheap Apartments for Rent in Fort Walton Beach, FL from $400 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fort Walton Beach.

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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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Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

50 Kelly AveFort Walton Beach, FL 32548
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Teresa Village
1 to 3 Bedroom Apartments

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
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Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
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Holly Sands
Studio to 3 Bedroom Apartments

Holly Sands

5 Sandalwood DrFort Walton Beach, FL 32548
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Shoreline Villas - 62+
1 to 2 Bedroom Apartments

Shoreline Villas - 62+

302 Dates Ave NWFort Walton Beach, FL 32548
Senior Living
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Villager Apartments
1 to 2 Bedroom Apartments

Villager Apartments

22 NW Wright Pky NWFort Walton Beach, FL 32548
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The Greens on 5th
1 to 3 Bedroom Apartments

The Greens on 5th

5 Mooney RdFort Walton Beach, FL 32547

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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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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
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Oak Tree Park Apartments
1 to 2 Bedroom Apartments

Oak Tree Park Apartments

330 Clifford StFort Walton Beach, FL 32547
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204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547
property at 80 4th Ave

80 4th Ave

ShalimarFL32579

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Fort Walton Beach, FL Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Walton Beach, FL

Pricing Updated: 09/17/2025

Current apartment rentals in the Fort Walton Beach, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fort Walton Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sylvania Heights$2,000$92550
Santa Rosa Island$2,521$1,75010
Ocean City$4,265$87247
Wright$4,265$87287

Cheapest Available Fort Walton Beach Apartments for Rent

 

The cheapest available apartment rental in Fort Walton Beach, FL is a 1 Bed unit found at Coastline Apartments in the Sylvania Heights neighborhood priced from $1,250. Jaymar Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Fort Walton Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Coastline ApartmentsCroix1BR,1BA$1,250
Jaymar Apartments1 bedroom, 1 bath1BR,1BA$1,250
Bradford Place ApartmentsMain2BR,2BA$1,300
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,300
Oakmont Village1br1BR,1BA$1,300

Best Value Apartments for Rent in Fort Walton Beach, FL

As of September 17, 2025 the best value apartment in the Fort Walton Beach area is the $1.14 price per square foot Main Model at Grande View Townhomes in the in the Sylvania Heights neighborhood starting from $2,000. The second greatest value Fort Walton Beach apartment is the B1 Model at Estates at Palm Bay starting at $1,938 with a $1.57 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Fort Walton Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grande View TownhomesMain3BR,2.5BA$1.14
Estates at Palm BayB12BR,1.5BA$1.57
The DorianB1.1.5THU2BR,2BA$1.58
Courtland TerraceMain2BR,1.5BA$1.26
Elan ApartmentsAvignon2BR,2BA$1.68
The CordeliaB1.1.5T2BR,1.5BA$1.58
Church Street Apartments2 Beds / 1 Bath2BR,1BA$1.63
Bradford Place ApartmentsMain2BR,2BA$1.40
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1.78
25 6th St, Unit Unit D25 6th St1BR,1BA$1.46

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Fort Walton Beach Overview

If you love the appeal of powdery white beaches and tranquil waters, you will love Fort Walton Beach. It is a coastal community in Okaloosa County, located in Florida. Whether you love fishing, golfing, surfing or shopping, this resort-based area has something for everyone. There are also various museums to visit and an array of delicious foods to indulge in. When you live in one of our apartments in Fort Walton Beach, you will have a fantastic time throughout the year.

Why live in Fort Walton Beach, FL?

Often referred to as the Emerald Coast because of its enchanting greenish-blue tinted waters, Fort Walton Beach is a magnet for tourists. Downtown and uptown are filled with places of interest and activities for everybody. With the great weather and the feeling of a small community, “snowbirds” are known to make their permanent homes here and some live in Fort Walton Beach apartments.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Fort Walton Beach, FL

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Fort Walton Beach Apartments

How much is rent for a Cheap One Bedroom Fort Walton Beach Apartment?

The lowest price for a Cheap One Bedroom Fort Walton Beach Apartment is $1,250 at Coastline Apartments.

What is the lowest price for a Cheap Two Bedroom Fort Walton Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fort Walton Beach is starting from $1,300 at Bradford Place Apartments.

What is the most affordable Fort Walton Beach Three Bedroom Apartment?

The best deal on a cheap Fort Walton Beach Three Bedroom Apartment rental is at Oakmont Village and starts from $1,600.

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.

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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.

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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.

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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.