
Cheap Apartments for Rent in the Bluewater Bay Neighborhood of Niceville, FL from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bluewater Bay area of Niceville.


Total Monthly Price
4274 Calinda Ln, Unit 243, Unit 243

1504 Reeves St

1440-1480 30th St
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.

1906 Benton Ave

The Golf Villas

Southern Pines

Redwood Apartments
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.
Bluewater Bay, Niceville, FL Local Guide
How much does it cost to rent an apartment in Bluewater Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bluewater Bay 2 Bedroom Apartments | $1,847 | $1,495 | $2,200 |
| Bluewater Bay 4 Bedroom Apartments | $3,187 | $3,187 | $3,187 |
Explore Niceville
Cheapest Available Bluewater Bay Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emerald Cove East | Two Bedroom | 2BR,1BA | $1,495 |
Best Value Apartments for Rent in Bluewater Bay, FL
As of April 23, 2026 the best value apartment in the Bluewater Bay 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 Bluewater Bay 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 Bluewater Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4274 Calinda Ln, Unit 243 | 4274 Calinda Ln | 2BR,2BA | $2.28 |
| Emerald Cove East | Two Bedroom | 2BR,1BA | $1.81 |
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

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.

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.

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.

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.