Cheap Apartments for Rent in Niceville, FL from $500 (23 Rentals)

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1504 Reeves St
2 Bedroom Apartments

1504 Reeves St

1504 Reeves StNiceville, FL 32578
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401 Fir Ave
Studio Apartments

401 Fir Ave

401 Fir AveNiceville, FL 32578
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700 Palm Blvd N
Studio Apartments

700 Palm Blvd N

700 Palm Blvd NNiceville, FL 32578
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617 Powell Dr
Studio Apartments

617 Powell Dr

617 Powell DrNiceville, FL 32578

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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590-592 Hill Ln
Studio Apartments

590-592 Hill Ln

590-592 Hill LnNiceville, FL 32578
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1906 Benton Ave
Studio Apartments

1906 Benton Ave

1906 Benton AveNiceville, FL 32578
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211 Evans Ave
Studio Apartments

211 Evans Ave

211 Evans AveNiceville, FL 32578
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The Golf Villas
1 Bedroom Apartments

The Golf Villas

1940 Bluewater BlvdNiceville, FL 32578
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Southern Pines
2 Bedroom Apartments

Southern Pines

1413-1417 29th StNiceville, FL 32578
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537 Hickory Ave
2 Bedroom Apartments

537 Hickory Ave

537 Hickory AveNiceville, FL 32578

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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154 Westview Ave
Studio Apartments

154 Westview Ave

154 Westview AveValparaiso, FL 32580
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282 Washington Ave
1 to 2 Bedroom Apartments

282 Washington Ave

282 Washington AveValparaiso, FL 32580
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205 Marquette St
2 Bedroom Apartments

205 Marquette St

205 Marquette StValparaiso, FL 32580

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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503 Johnson St
Studio Apartments

503 Johnson St

503 Johnson StValparaiso, FL 32580
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Wildwood Apartments
1 to 3 Bedroom Apartments

Wildwood Apartments

400 Kelly Mill RdValparaiso, FL 32580
  • Utilities Included

Niceville, FL Local Guide

Cheapest Neighborhoods for Apartments in Niceville, FL

Pricing Updated: 06/07/2026

Current apartment rentals in the Niceville, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Niceville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bluewater Bay$2,461$1,4951

Cheapest Available Niceville Apartments for Rent

 

The cheapest available apartment rental in Niceville, FL is a 2 Beds unit found at Emerald Cove East in the Bluewater Bay neighborhood priced from $1,495. Emerald Cove West has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,495. Here is today’s list of the most affordable Niceville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Cove EastTwo Bedroom2BR,1BA$1,495
Emerald Cove WestTwo Bedroom2BR,1BA$1,495
Solis at NicevilleSolis Coral2BR,2BA$1,575
The Enclave at Deer Moss CreekA11BR,1BA$1,835

Best Value Apartments for Rent in Niceville, FL

As of June 08, 2026 the best value apartment in the Niceville area is the $1.66 price per square foot Solis Coral Model at Solis at Niceville in the starting from $1,575. The second greatest value Niceville apartment is the Two Bedroom Model at Emerald Cove East starting at $1,495 with a $1.81 price per square foot in the Bluewater Bay neighborhood. Here is today’s list of the best values for Niceville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Solis at NicevilleSolis Coral2BR,2BA$1.66
Emerald Cove EastTwo Bedroom2BR,1BA$1.81
Emerald Cove WestTwo Bedroom2BR,1BA$1.81
The Enclave at Deer Moss CreekA11BR,1BA$2.92

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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Quick 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.

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

Explore Niceville, FL Rentals by Map

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Frequently Asked Questions about Cheap Niceville Apartments

How much is rent for a Cheap One Bedroom Niceville Apartment?

The lowest price for a Cheap One Bedroom Niceville Apartment is $1,835 at The Enclave at Deer Moss Creek.

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

Today's best deal for a Cheap Two Bedroom Apartment in Niceville is starting from $1,495 at Emerald Cove East.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.