Cheap Apartments for Rent in Fort Walton Beach, FL from $400 (27 Rentals)

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

property at 201 Taylor St

201 Taylor St

Fort Walton BeachFL32547
property at 102 Chicago Ave SE

102 Chicago Ave SE

Fort Walton BeachFL32548
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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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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

Fort Walton Beach, FL Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Walton Beach, FL

Pricing Updated: 11/03/2025

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
Ocean City$2,850$1,20034
Sylvania Heights$2,850$1,19569
Wright$2,850$1,20077
Santa Rosa Island$2,900$1,5759

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 Villager Apartments in the Sylvania Heights neighborhood priced from $1,127. The Lyle in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Fort Walton Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villager ApartmentsB12BR,1BA$1,127
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Falcon HouseA11BR,1BA$1,230
Jaymar Apartments1 bedroom, 1 bath1BR,1BA$1,250
Elevate at 604 WestA11BR,1BA$1,299
Oakmont Village1br1BR,1BA$1,300
Bradford Place ApartmentsMain2BR,2BA$1,300
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,300

Best Value Apartments for Rent in Fort Walton Beach, FL

As of November 03, 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 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$1.57
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.26
The CordeliaB1.1.5T2BR,1.5BA$1.32
Bradford Place ApartmentsMain2BR,2BA$1.40
Falcon HouseA11BR,1BA$1.62
Villager ApartmentsB12BR,1BA$1.50
31 6th St31 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 $1,199 at The Lyle.

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 $1,127 at Villager 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

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.