Cheap Homes for Rent in Fort Walton Beach, FL from $900 (34 Rentals)

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

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

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.

property at 210 Pelham Rd

$1,325

2 Bedroom Rentals

Available Jul 10

210 Pelham Rd

Fort Walton BeachFL32547

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.

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

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.

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.

Fort Walton Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Fort Walton Beach, FL

Pricing Updated: 07/08/2026

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$1,05051
Ocean City$2,935$1,15043
Wright$2,935$1,15078
Santa Rosa Island$6,000$1,8004

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 Heather Glenn in the Sylvania Heights neighborhood priced from $1,090. Villager Apartments in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,130. Here is today’s list of the most affordable Fort Walton Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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
Coastline ApartmentsCroix1BR,1BA$1,260

Best Value Apartments for Rent in Fort Walton Beach, FL

As of July 09, 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
Cross Oaks Apartments2x1 Cross Oaks2BR,1BA$1.21
The CordeliaB1.1.5T2BR,1.5BA$1.32
32A 5th St, Unit 32 A 5th St32A 5th St2BR,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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Fort Walton Beach

What type of rentals are currently available in Fort Walton Beach?

There are currently 191 Apartments for Rent in Fort Walton Beach, FL with pricing that ranges from $927 to $27,000. There are also 198 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Walton Beach ranging from $950 to $7,995.

What is the current price range for Rental Homes in Fort Walton Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fort Walton Beach ranges from $950 to $7,995 with an average monthly rent of $2,137.

How much are larger Three and Four Bedroom Rentals in Fort Walton Beach?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fort Walton Beach range from $1,380 to $3,884, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $7,995. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $1,677.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.