Cheap Apartments for Rent in Niceville, FL from $500 (9 Rentals)

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

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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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Niceville Apartments
2 Bedroom Apartments

Niceville Apartments

203 Kelly RdValparaiso, FL 32580
  • Utilities Included

Niceville, FL Local Guide

Cheapest Neighborhoods for Apartments in Niceville, FL

Pricing Updated: 09/17/2025

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$2,800$1,49521

Cheapest Available Niceville Apartments for Rent

 

The cheapest available apartment rental in Niceville, FL is a 1 Bed unit found at Emerald Cove East in the Bluewater Bay neighborhood priced from $1,375. Emerald Cove West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Niceville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Cove EastOne Bedroom1BR,1BA$1,375
Emerald Cove WestOne Bedrom1BR,1BA$1,375
The Enclave at Deer Moss CreekA11BR,1BA$1,865

Best Value Apartments for Rent in Niceville, FL

As of September 17, 2025 the best value apartment in the Niceville area is the $2.28 price per square foot 4274 Calinda Ln Model at 4274 Calinda Ln, Unit 243 in the in the Bluewater Bay neighborhood starting from $2,200. The second greatest value Niceville apartment is the One Bedroom Model at Emerald Cove East starting at $1,375 with a $1.90 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.
4274 Calinda Ln, Unit 2434274 Calinda Ln2BR,2BA$2.28
Emerald Cove EastOne Bedroom1BR,1BA$1.90
Emerald Cove WestOne Bedrom1BR,1BA$1.90
The Enclave at Deer Moss CreekA11BR,1BA$2.97

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

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Getting Around Niceville, FL

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,375 at Emerald Cove East.

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

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.

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.