Cheap Apartments for Rent in the Ocean City Neighborhood of Fort Walton Beach, FL from $400 (45 Rentals)

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

property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547
property at 337 Lewis St

$1,250

2 Bedroom Rentals

Available Now

337 Lewis St

Fort Walton BeachFL32547
property at 322 Pelham Rd

$1,250

2 Bedroom Rentals

Available Now

322 Pelham Rd

Fort Walton BeachFL32547

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 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

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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1013 Holton Ave
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
2 Bedroom Apartment Available Now

1013 Holton Ave

1013 Holton AveFort Walton Beach, FL 32547
Affordability
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property at 936 Barrow St

$1,500

2 Bedroom Rentals

Available Now

936 Barrow 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
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Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
  • Utilities Included
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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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204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547

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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Wesvue
1 Bedroom Apartments

Wesvue

953 Mcfarland AveFort Walton Beach, FL 32547
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-45, Page 1 of 1

Ocean City, Fort Walton Beach, FL Local Guide

Cheapest Available Ocean City Apartments for Rent

 

The cheapest available apartment rental in the Ocean City area of Fort Walton Beach, FL is a 2 Beds unit found at Merrimac Manor Apartments priced from $1,200. Falcon House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,239. Here are the most affordable Ocean City apartments for rent in Fort Walton Beach, FL:

Apartment ListingModel NameBed/BathPriced From
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Falcon HouseA11BR,1BA$1,239
Coastline ApartmentsCaneel I1BR,1BA$1,324
The CoveA11BR,1BA$1,400
The CordeliaB1.1.5T2BR,1BA$1,450
Courtland TerraceMain2BR,1BA$1,450
The DorianB1.1.5THU2BR,2BA$1,450
Colony HouseGardenia1BR,1BA$1,620
Elan ApartmentsSavona2BR,2BA$1,750

Best Value Apartments for Rent in Ocean City, FL

As of April 13, 2026 the best value apartment in the Ocean City area is the $0.92 price per square foot 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments in the in the Sylvania Heights neighborhood starting from $1,200. The second greatest value Ocean City apartment is the B1.1.5THU Model at The Dorian starting at $1,450 with a $1.21 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Ocean City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
Elan ApartmentsSavona2BR,2BA$1.49
Crosswinds Apartments2X2 - Crosswinds2BR,2BA$1.62
The CordeliaB1.1.5T2BR,1.5BA$1.32
1013 Holton Ave1013 Holton Ave2BR,1BA$1.75
Falcon HouseA11BR,1BA$1.63
Colony HouseGardenia1BR,1BA$2.22
Coastline ApartmentsCaneel I1BR,1BA$2.05

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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How much rent can you afford?

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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Pet Friendly Lifestyle
Ocean City, Fort Walton Beach, FL

Ranked #3

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Ocean City, Fort Walton Beach, FL

School data provided by Great Schools

Frequently Asked Questions about Cheap Ocean City Apartments

How much is rent for a Cheap One Bedroom Ocean City Apartment?

The lowest price for a Cheap One Bedroom Ocean City Apartment is $1,239 at Falcon House.

What is the lowest price for a Cheap Two Bedroom Ocean City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ocean City is starting from $1,200 at Merrimac Manor Apartments.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.