Cheap Apartments for Rent in Fort Walton Beach, FL from $400 (94 Rentals)

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

property at 125 NW Alabama Ave

$995

1 Bedroom, 1 Bath Home for Rent

Available Now

125 NW Alabama Ave

Fort Walton BeachFL32548

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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property at 102 Chicago Ave SE

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Chicago Ave SE

Fort Walton BeachFL32548
property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547
property at 207 Fourth St SE

$1,250 - $1,450

Studio To 1 Bedroom Rentals

Available Now

207 Fourth St SE

Fort Walton BeachFL32548

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 1850 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1850 Norwood Ct

Fort Walton BeachFL32548
property at 1851 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1851 Norwood Ct

Fort Walton BeachFL32548

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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property at 931 McFarlan Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 2 Bath Home for Rent

Available Now

931 McFarlan Ave

Fort Walton BeachFL32547
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1013 Holton Ave
$1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475
2 Bedroom Apartment Available Now

1013 Holton Ave

1013 Holton AveFort Walton Beach, FL 32547
Affordability
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property at 696 Tyner St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

696 Tyner St, Unit 12

696 Tyner St
Fort Walton BeachFL32547
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Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

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

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
  • Utilities Included
property at 19 Chestnut Ave SE

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

19 Chestnut Ave SE, Unit 17

19 Chestnut Ave SE
Fort Walton BeachFL32548
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Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
  • 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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Shoreline Villas
1 to 2 Bedroom Apartments

Shoreline Villas

302 Dates Ave NWFort Walton Beach, FL 32548
Senior Living
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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
  • Utilities Included
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Cape Apartments
1 Bedroom Apartments

Cape Apartments

33 Cape DrFort 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
  • Utilities Included
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Villager Apartments
1 to 2 Bedroom Apartments

Villager Apartments

22 NW Wright Pky NWFort Walton Beach, FL 32548
  • Utilities Included
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204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547
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Wesvue
1 Bedroom Apartments

Wesvue

953 Mcfarland AveFort Walton Beach, FL 32547
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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: 07/12/2026

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$2,400$1,15055
Ocean City$2,935$1,15046
Wright$2,935$1,15083
Santa Rosa Island$6,000$1,8003

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 Shoreline Villas in the Sylvania Heights neighborhood priced from $1,080. Heather Glenn in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,090. Here is today’s list of the most affordable Fort Walton Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoreline Villas1/1 Bedroom1BR,1BA$1,080
Heather Glenn5091BRTC1BR,1BA$1,090
Villager ApartmentsA11BR,1BA$1,130
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Falcon HouseA11BR,1BA$1,245
Jaymar Apartments1 bedroom, 1 bath1BR,1BA$1,250
Bradford Place ApartmentsMain2BR,2BA$1,250
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,255

Best Value Apartments for Rent in Fort Walton Beach, FL

As of July 12, 2026 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 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments starting at $1,200 with a $0.92 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
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
Estates at Palm BayB12BR,1.5BA$1.42
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
The CordeliaB1.1.5T2BR,1.5BA$1.32
32A 5th St, Unit 32 A 5th St32A 5th St2BR,1BA$1.29
52 5th Ave, Unit 52 C 5th Ave52 5th Ave2BR,1BA$1.29
Bradford Place ApartmentsMain2BR,2BA$1.35
Heather Glenn5091BRTC1BR,1BA$1.38

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

Best Local Schools in
Fort Walton Beach, FL

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

Explore Fort Walton Beach, FL Rentals by Map

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See the most popular apartments and homes in Fort Walton Beach, FL

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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 $1,080 at Shoreline Villas.

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 $1,200 at Merrimac Manor 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 The Lyle and starts from $1,599.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.