Cheap Apartments for Rent in Mexico Beach, FL from $500 (16 Rentals)

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The Arbors @ 15th
1 to 3 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
  • Utilities Included
Showing Results 1-16, 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 1 Bed unit found at Cedar Trace Apartments priced from $900. Cottages by the Bay has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here is today’s list of the most affordable Mexico Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Trace Apartments1 bedroom1BR,1BA$900
Cottages by the BayStudioStudio,1BA$915
Northgate Terrace IThe Kenley IIStudio,1BA$925
Pinnacle at Hammock Square1 Bed, 1 bath1BR,1BA$947
Bayside VillasThe Coral2BR,1BA$999

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

As of November 11, 2025 the best value apartment in the Mexico Beach area is the $1.28 price per square foot Aria Model at Sunset Village in the starting from $2,100. The second greatest value Mexico Beach apartment is the 3 bedroom Model at Bridge Harbor Townhomes starting at $1,800 with a $1.21 price per square foot . 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.
Sunset VillageAria3BR,2BA$1.28
Bridge Harbor Townhomes3 bedroom3BR,2.5BA$1.21
Arbor Trace Apartment HomesLaurel Oak2BR,2BA$1.22
Aztec VillaThree Bedroom3BR,2BA$1.09
The Arbors @ 15thMagnolia2BR,2BA$1.20
Waterstone at JenksThe Sapphire1BR,1BA$1.32
Bayside VillasB22BR,2BA$1.33
Westshore PalmsThe Sapphire1BR,1BA$1.32
Pinnacle at Hammock Square1 Bed, 1 bath1BR,1BA$1.23
Cedar Trace Apartments1 bedroom1BR,1BA$1.30

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Pet Friendly Lifestyle
Mexico Beach, FL

Ranked #148

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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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Getting Around Mexico Beach, FL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $999 at Bayside Villas.

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

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.