Cheap Apartments for Rent in Fort Walton Beach, FL from $400 (21 Rentals)

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

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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
2 Bedroom Apartments

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
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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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Holly Sands
1 Bedroom Apartments

Holly Sands

5 Sandalwood DrFort Walton Beach, FL 32548
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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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Bradford Apartments
2 Bedroom Apartments

Bradford Apartments

19 Bradford RdFort Walton Beach, FL 32547
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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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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
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Choctaw Village
2 Bedroom Apartments

Choctaw Village

859 Gibson RdFort 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 551 US-98

551 US-98

Mary EstherFL32569

Fort Walton Beach, FL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Walton Beach, FL

Pricing Updated: 07/02/2025

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
Wright$2,745$1,20072
Ocean City$2,990$1,09540
Sylvania Heights$3,200$1,19557
Santa Rosa Island$4,000$1,6008

Cheapest Available Fort Walton Beach Apartments for Rent

 

The cheapest available apartment rental in Fort Walton Beach, FL is a 2 Beds unit found at Choctaw Village in the Sylvania Heights neighborhood priced from $1,130. Coastline Apartments in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,290. Here is today’s list of the most affordable Fort Walton Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Choctaw VillageMaple2BR,1BA$1,130
Coastline ApartmentsCaret-King1BR,1BA$1,290
Church Street Apartments1 Bed / 1 Bath1BR,1BA$1,327
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,350
Elevate at 604 WestA11BR,1BA$1,374

Best Value Apartments for Rent in Fort Walton Beach, FL

As of July 02, 2025 the best value apartment in the Fort Walton Beach area is the $1.57 price per square foot B1 Model at Estates at Palm Bay in the in the Sylvania Heights neighborhood starting from $1,938. The second greatest value Fort Walton Beach apartment is the Savona Model at Elan Apartments starting at $1,750 with a $1.49 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.
Estates at Palm BayB12BR,1.5BA$1.57
Elan ApartmentsSavona2BR,2BA$1.49
The CordeliaB1.1.5T2BR,1.5BA$1.58
Renaissance Santa RosaIbis2BR,2BA$1.91
The AriaB12BR,2BA$1.81
Church Street Apartments2 Beds / 1 Bath2BR,1BA$1.63
Jaymar Apartments2 bedroom, 1.5 bath2BR,1.5BA$1.67
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1.78
Choctaw VillageMaple2BR,1BA$1.49
Elevate at 604 WestA11BR,1BA$2.03

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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!

Explore Fort Walton Beach, FL Rentals by Map

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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 $1,290 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 $1,130 at Choctaw Village.

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 Crosswinds Apartments and starts from $1,895.

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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.