Cheap Apartments for Rent in Mexico Beach, FL from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mexico Beach.

property at 318 Hatley Dr

$1,500

2 Bedroom Rentals

Available Now

318 Hatley Dr

Mexico BeachFL32456

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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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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10X Panama City Beach
$1,327 - $4,354
Total Monthly Price

Total Monthly Price

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$1,327 - $4,354
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1 to 3 Bedroom Apartments Available Now

10X Panama City Beach

7150 W Highway 98Panama City Beach, FL 32407
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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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Perla
Rent Specials
$1,555 - $2,459
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $2,459
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Perla

2195 Wilkinson StPanama City Beach, FL 32408
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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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The Arbors @ 15th
1 to 3 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
  • Utilities Included

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 1-46, Page 1 of 1

Mexico Beach, FL Local Guide

Cheapest Available Mexico Beach Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mexico Beach, FL is a Studio unit found at Cottages by the Bay priced from $899. Cedar Trace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Mexico Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages by the BayStudioStudio,1BA$899
Cedar Trace Apartments1 bedroom1BR,1BA$900
Pinnacle at Hammock Place1x11BR,1BA$946
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$983
Tyndall Pointe Townhomes1 Bed 1 Bath Unit1BR,1BA$995
Bay Front Apartments1 Bed, 1 Bath1BR,1BA$1,100
Westshore PalmsThe Sapphire1BR,1BA$1,199
Turtle LakeThe Lakeview2BR,2BA$1,230
Exchange at North BayA-11BR,1BA$1,260
Exchange at the Beach1 Bedroom1BR,1BA$1,274

Best Value Apartments for Rent in Mexico Beach, FL and Nearby

As of April 27, 2026 the best value apartment in the Mexico Beach area is the $1.31 price per square foot Palm B Model at Parkview at Lynn Haven in the in the SweetBay neighborhood starting from $1,950. The second greatest value Mexico Beach apartment is the Silver Bell Model at Arbor Trace Apartment Homes starting at $1,559 with a $1.14 price per square foot in the SweetBay neighborhood. Here is today’s list of the best values for Mexico Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkview at Lynn HavenPalm B3BR,2.5BA$1.31
Arbor Trace Apartment HomesSilver Bell2BR,2BA$1.14
Waterstone at JenksThe Onyx3BR,2BA$1.32
The Arbors @ 15thOakland3BR,2BA$1.18
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1.35
Westwood VillageThe Hibiscus2BR,1.5BA$1.28
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1.12
Tyndall Pointe Townhomes1 Bed 1 Bath Unit1BR,1BA$1.24
Pinnacle at Hammock Place1x11BR,1BA$1.29
Cedar Trace Apartments1 bedroom1BR,1BA$1.30

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mexico Beach, FL Rentals by Map

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Frequently Asked Questions about Cheap Mexico Beach Apartments

How much is rent for a Cheap One Bedroom Mexico Beach Apartment?

The lowest price for a Cheap One Bedroom Mexico Beach Apartment is $900 at Cedar Trace Apartments.

What is the lowest price for a Cheap Two Bedroom Mexico Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mexico Beach is starting from $1,000 at Cedar Trace Apartments.

What is the most affordable Mexico Beach Three Bedroom Apartment?

The best deal on a cheap Mexico Beach Three Bedroom Apartment rental is at Cedar Trace Apartments and starts from $1,150.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.