Cheap Apartments for Rent in the Ocean City Neighborhood of Fort Walton Beach, FL from $495 (46 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 27 Kelly Ave NE

$1,250

2 Bedroom Rentals

Available Now

27 Kelly Ave NE

Fort Walton BeachFL32548

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 1009 Hondo Ave

$1,300

2 Bedroom Rentals

Available Now

1009 Hondo Ave

Fort Walton BeachFL32547
property at 316 Lewis St

$1,450

2 Bedroom Rentals

Available Now

316 Lewis St

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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1013 Holton Ave, Unit 2
$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, Unit 2

1013 Holton AveFort Walton Beach, FL 32547
Affordability
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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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Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
  • Utilities Included
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201 TAYLOR STREET
1 Bedroom Apartments

201 TAYLOR STREET

201 Taylor CirFort 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
  • Utilities Included
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204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Wesvue
1 Bedroom Apartments

Wesvue

953 Mcfarland AveFort Walton Beach, FL 32547
  • Utilities Included
property at 210 Pelham Rd

$1,325 - $1,595

2 Bedroom Rentals

Available Now

210 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 416 Bear Rd

$1,550

2 Bedroom Rentals

Available Now

416 Bear 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.

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Showing Results 1-46, 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. MER-Teresa Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,225. 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
MER-Teresa Village Apartments2BD/ 1 BA2BR,1BA$1,225
Falcon HouseA11BR,1BA$1,245
The CoveA11BR,1BA$1,400
The DorianB1.1.5THU2BR,2BA$1,450
The CordeliaB1.1.5T2BR,1BA$1,450
Courtland TerraceMain2BR,1BA$1,450
Colony HouseHawthorne2BR,1BA$1,549
Spanish Villa Condominiums2 Beds, 2 Baths2BR,2BA$1,550

Best Value Apartments for Rent in Ocean City, FL

As of August 27, 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
Spanish Villa Condominiums2 Beds, 2 Baths2BR,2BA$1.46
Crosswinds Apartments2X1 CHEYENNE2BR,1BA$1.89
MER-Teresa Village Apartments2BD/ 1 BA2BR,1BA$1.38
1013 Holton Ave, Unit 21013 Holton Ave2BR,1BA$1.72
Falcon HouseA11BR,1BA$1.64
Colony HouseGardenia1BR,1BA$2.22

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 #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 $1,245 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.