Cheap Homes for Rent in Niceville, FL from $1,200 (23 Rentals)

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

property at 4274 Calinda Ln

$1,595 - $1,650

1 Bedroom Rentals

Available Now

4274 Calinda Ln

NicevilleFL32578
property at 48 Marina Cove Dr

$1,650 - $1,950

Studio To 1 Bedroom Rentals

Available Now

48 Marina Cove Dr

NicevilleFL32578

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.

property at 4276 Calinda Ln

$1,600 - $1,700

1 Bedroom Rentals

Available Now

4276 Calinda Ln

NicevilleFL32578
property at 2908 Alpine Pl

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 2 Bath Home for Rent

Available Now

2908 Alpine Pl

NicevilleFL32578
property at 1501 Partin Dr N

$1,825 - $1,950

2 To 3 Bedroom Rentals

Available Now

1501 Partin Dr N

NicevilleFL32578
property at 277 Grandview Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 1 Bath Home for Rent

Available Now

277 Grandview Ave

ValparaisoFL32580

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 3 Carie Way

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

3 Carie Way

ValparaisoFL32580
property at 307 Lincoln Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 30

307 Lincoln Ave, Unit A

307 Lincoln Ave
ValparaisoFL32580
property at 1755 Union Ave

$2,000

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

1755 Union Ave

NicevilleFL32578

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.

Niceville, FL Local Guide

Cheapest Neighborhoods for Apartments in Niceville, FL

Pricing Updated: 07/08/2026

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$3,326$1,4953

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
The Enclave at Deer Moss CreekA21BR,1BA$1,911

Best Value Apartments for Rent in Niceville, FL

As of July 08, 2026 the best value apartment in the Niceville area is the $1.81 price per square foot Two Bedroom Model at Emerald Cove East in the in the Bluewater Bay neighborhood starting from $1,495. The second greatest value Niceville apartment is the One Bedrom Model at Emerald Cove West starting at $1,495 with a $2.06 price per square foot . 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.
Emerald Cove EastTwo Bedroom2BR,1BA$1.81
Emerald Cove WestOne Bedrom1BR,1BA$2.06
The Enclave at Deer Moss CreekA11BR,1BA$3.05

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.

Read Article
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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!

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Frequently Asked Questions about Niceville

What type of rentals are currently available in Niceville?

There are currently 45 Apartments for Rent in Niceville, FL with pricing that ranges from $1,365 to $3,326. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niceville ranging from $1,275 to $4,000.

What is the current price range for Rental Homes in Niceville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Niceville ranges from $1,275 to $4,000 with an average monthly rent of $2,463.

How much are larger Three and Four Bedroom Rentals in Niceville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Niceville range from $1,805 to $1,805, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $3,326.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.