
Cheap Apartments for Rent near Lower Grand Lagoon, FL from $899 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Lower Grand Lagoon.


Total Monthly Price
8730 Thomas Dr, Unit SI ID1355041P

Northgate Terrace I

Andrews Place Apartments

Westwood Village

Total Monthly Price
10X Panama City Beach

Tranquility at Saint Andrews

Total Monthly Price
10X Breakfast Point
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.

Total Monthly Price
5218 Beach Dr, Unit SI ID1354910P

5230 Beach Dr, Unit D

Total Monthly Price
5218 Beach Dr, Unit SI ID1354903P

Exchange at the Beach

Exchange at North Bay

The Place at Grand Lagoon

Stanford Pointe

White Sands
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.

The Lory of Panama City

Emerald Park

Total Monthly Price
5409 Hilltop Ave, Unit B

Turtle Lake

Total Monthly Price
The Tyde Apartments

8131 Sunset Ave

Panama Flats

Total Monthly Price
Perla
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.

Total Monthly Price
The Kelly at 23rd Luxury Apartments

Pointe Grand Panama City

Legends at Clara

Total Monthly Price
5218 Beach Dr, Unit SI ID1355001P

Residences at SweetBay

Edgewater Crossings

MAA Emerald Coast

Sea Sound
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.

Total Monthly Price
5115 Gulf Dr, Unit SI ID1354918P

7405A Beach Dr

Tranquilty at Bay Point

2617 Cypress St

3523 Treasure Cir

2613 Lagoon Knoll Dr

8730 Thomas Dr

8730 Thomas Dr
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.

5915 Pinetree Ave

5919 Pinetree Ave

4726 Bay Point Rd
Lower Grand Lagoon, FL Local Guide

How much does it cost to rent an apartment in Lower Grand Lagoon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Grand Lagoon Studio Apartments | $1,387 | $899 | $2,407 |
| Lower Grand Lagoon 1 Bedroom Apartments | $1,426 | $916 | $1,974 |
| Lower Grand Lagoon 2 Bedroom Apartments | $1,715 | $1,151 | $7,029 |
| Lower Grand Lagoon 3 Bedroom Apartments | $2,095 | $1,322 | $8,400 |
Browse Top Apartments in Lower Grand Lagoon
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Lower Grand Lagoon, FL Local Guide
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Cheapest Available Lower Grand Lagoon Apartments for Rent and Nearby
 The cheapest available apartment rental in Lower Grand Lagoon, FL is a Studio unit found at Cottages by the Bay priced from $899. Northgate Terrace I in the Downtown Panama City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here is today’s list of the most affordable Lower Grand Lagoon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottages by the Bay | Studio | Studio,1BA | $899 |
| Northgate Terrace I | The Kenley II | Studio,1BA | $935 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,037 |
| Tranquility at Saint Andrews | B3-60% | 2BR,2BA | $1,151 |
| 10X Panama City Beach | A1e | 1BR,1BA | $1,169 |
| 10X Breakfast Point | A1 | 1BR,1BA | $1,173 |
| Exchange at North Bay | A-1 | 1BR,1BA | $1,264 |
| The Lory of Panama City | The Spring | 1BR,1BA | $1,299 |
| Emerald Park | Type 1 | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Lower Grand Lagoon, FL and Nearby
As of August 23, 2026 the best value apartment in the Lower Grand Lagoon area is the $1.39 price per square foot Coconut Model at Covey Homes Grand Lagoon in the starting from $1,975. The second greatest value Lower Grand Lagoon apartment is the The Rosewood Model at White Sands starting at $1,769 with a $1.26 price per square foot . Here is today’s list of the best values for Lower Grand Lagoon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Covey Homes Grand Lagoon | Coconut | 2BR,2.5BA | $1.39 |
| White Sands | The Rosewood | 3BR,2BA | $1.26 |
| 10X Breakfast Point | C1 | 3BR,2BA | $1.49 |
| Tranquilty at Bay Point | 3 BR | 3BR,2BA | $1.44 |
| Tranquility at Saint Andrews | B1-60% | 2BR,2BA | $0.98 |
| Pointe Grand Panama City | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.19 |
| The Place at Grand Lagoon | B1 | 2BR,2BA | $1.42 |
| Edgewater Crossings | CONGRESSIONAL | 1BR,1BA | $1.54 |
| Legends at Clara | The Seacrest | 1BR,1BA | $1.56 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lower Grand Lagoon, FL Rentals by Map
See the most popular apartments and homes in Lower Grand Lagoon, FL
Frequently Asked Questions about Cheap Lower Grand Lagoon Apartments
What is the Cheapest Studio apartment in Lower Grand Lagoon?
Currently the most affordable Cheap Studio Apartment in Lower Grand Lagoon is at Cottages by the Bay listed at $899.
How much is rent for a Cheap One Bedroom Lower Grand Lagoon Apartment?
The lowest price for a Cheap One Bedroom Lower Grand Lagoon Apartment is $1,037 at Andrews Place Apartments.
What is the lowest price for a Cheap Two Bedroom Lower Grand Lagoon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lower Grand Lagoon is starting from $1,151 at Tranquility at Saint Andrews.
What is the most affordable Lower Grand Lagoon Three Bedroom Apartment?
The best deal on a cheap Lower Grand Lagoon Three Bedroom Apartment rental is at Tranquility at Saint Andrews and starts from $1,322.
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

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.

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.

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.

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.