Cheap Apartments for Rent near Lake Lorraine, FL from $927 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Lake Lorraine.

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.

Read Article

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.

Read Article
close
View Me
Sea Glass
$1,511 - $7,154
Total Monthly Price

Total Monthly Price

Base Rent
$1,511 - $7,154
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Sea Glass

4320 Commons Dr WDestin, FL 32541
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
property at 103 Old Ferry Rd

$1,710

Total Monthly Price

Total Monthly Price

Base Rent
$1,710
Total Monthly Price
$1,710

2 Bedroom, 1 Bath Home for Rent

Available Oct 26

103 Old Ferry Rd

ShalimarFL32579
close
View Me
Somerset Oceanside Apartments
Rent Specials
$1,850 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $2,500
Total Monthly Price
$1,850 - $2,500
1 to 2 Bedroom Apartments Available Now

Somerset Oceanside Apartments

940 Santa Rosa BlvdFort Walton Beach, FL 32548
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article
property at 43 Oak Ln

$1,775

3 Bedroom, 1.5 Bath Home for Rent

Available Now

43 Oak Ln

ShalimarFL32579

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.

Read Article
Showing Results 1-41, Page 1 of 1

Cheapest Available Lake Lorraine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Lorraine, FL is a 1 Bed unit found at The Lyle in the Sylvania Heights neighborhood priced from $1,199. Merrimac Manor Apartments in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Lake Lorraine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Bradford Place ApartmentsMain2BR,2BA$1,225
Falcon HouseA11BR,1BA$1,245
Oakmont Village1br1BR,1BA$1,250
The CoveA11BR,1BA$1,400
The DorianB1.1.5THU2BR,2BA$1,450

Best Value Apartments for Rent in Lake Lorraine, FL and Nearby

As of August 22, 2026 the best value apartment in the Lake Lorraine 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 Lake Lorraine 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 Lake Lorraine 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
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
The CordeliaB1.1.5T2BR,1.5BA$1.32
46 5th Ave, Unit 46 A46 5th Ave2BR,1BA$1.25
25 6th St, Unit Unit B25 6th St2BR,1BA$1.29
Church Street Apartments2 Beds / 1 Bath2BR,1BA$1.63
Bradford Place ApartmentsMain2BR,2BA$1.32
Falcon HouseA11BR,1BA$1.64

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

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.