Cheap Apartments for Rent in the Ocean City Neighborhood of Fort Walton Beach, FL from $400 (50 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 125 NW Alabama Ave

$995

1 Bedroom, 1 Bath Home for Rent

Available Now

125 NW Alabama Ave

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

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
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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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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 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
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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
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Wesvue
1 Bedroom Apartments

Wesvue

953 Mcfarland AveFort Walton Beach, FL 32547
  • Utilities Included

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 210 Pelham Rd

$1,325

2 Bedroom Rentals

Available Now

210 Pelham Rd

Fort Walton BeachFL32547

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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property at 226 Pelham Rd

$1,600

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

226 Pelham Rd

Fort Walton BeachFL32547

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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Showing Results 1-50, 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 $1,245. 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$1,245
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,255
Coastline ApartmentsCroix1BR,1BA$1,260
The CoveA11BR,1BA$1,400
The DorianB1.1.5THU2BR,2BA$1,450
The CordeliaB1.1.5T2BR,1BA$1,450
Courtland TerraceMain2BR,1BA$1,450

Best Value Apartments for Rent in Ocean City, FL

As of July 12, 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
The CordeliaB1.1.5T2BR,1.5BA$1.32
1013 Holton Ave1013 Holton Ave2BR,1BA$1.72
914 Barrow St, Unit Barrow Apartments914 Barrow St1BR,1BA$1.63
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1.65
Falcon HouseA11BR,1BA$1.64
Crosswinds Apartments1X1 - Crosswinds1BR,1BA$2.40
240 Clifford St, Unit Oak Tree Park-1240 Clifford St1BR,1BA$1.92

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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Pet Friendly Lifestyle
Ocean City, Fort Walton Beach, FL

Ranked #4

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 $1,245 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 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.