Cheap Homes for Rent in Bluewater Bay Neighborhood of Niceville, FL from $1,600 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Bluewater Bay area of Niceville.

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.

property at 116 Westlake Ct

$2,000

2 Bedroom, 2 Bath Condo for Rent

Available Now

116 Westlake Ct

NicevilleFL32578

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.

Cheapest Available Bluewater Bay Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Emerald Cove EastOne Bedroom1BR,1BA$1,250

Best Value Apartments for Rent in Bluewater Bay, FL

As of February 21, 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 One Bedroom Model at Emerald Cove East starting at $1,250 with a $1.72 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4274 Calinda Ln, Unit 2434274 Calinda Ln2BR,2BA$2.28
Emerald Cove EastOne Bedroom1BR,1BA$1.72

Frequently Asked Questions about Bluewater Bay

What type of rentals are currently available in Bluewater Bay?

There are currently 11 Apartments for Rent in Bluewater Bay, FL with pricing that ranges from $1,250 to $3,550. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bluewater Bay ranging from $1,600 to $4,200.

What is the current price range for Rental Homes in Bluewater Bay?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bluewater Bay ranges from $1,600 to $4,200 with an average monthly rent of $2,579.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.