Cheap Apartments for Rent in Okaloosa County, FL from $400 (50 Rentals)

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

property at 532 Brock Ave

$1,000

2 Bedroom Rentals

Available Now

532 Brock Ave

CrestviewFL32539

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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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.

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property at 102 Chicago Ave SE

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Chicago Ave SE

Fort Walton BeachFL32548
property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

50 Kelly AveFort Walton Beach, FL 32548
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Miramar Apartments
2 to 3 Bedroom Apartments

Miramar Apartments

1005 Martin Luther King Jr AveCrestview, FL 32536
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Twin Oaks
2 Bedroom Apartments

Twin Oaks

140 Banner CtCrestview, FL 32539
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Niceville Apartments
2 Bedroom Apartments

Niceville Apartments

203 Kelly RdValparaiso, FL 32580
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Inntown Apartments
1 to 2 Bedroom Apartments

Inntown Apartments

795 N Wilson StCrestview, FL 32536

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Teresa Village
1 to 3 Bedroom Apartments

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
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Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
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Villager Apartments
1 to 2 Bedroom Apartments

Villager Apartments

22 NW Wright Pky NWFort Walton Beach, FL 32548
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The Greens on 5th
1 to 3 Bedroom Apartments

The Greens on 5th

5 Mooney RdFort Walton Beach, FL 32547
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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
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Oak Tree Park Apartments
1 to 2 Bedroom Apartments

Oak Tree Park Apartments

330 Clifford StFort Walton Beach, FL 32547
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204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 2 Beds unit found at Princeton Grove in the Shoal River Ranch neighborhood priced from $574. Addison Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,006. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Grove2/2 Bedroom2BR,2BA$574
Addison Place ApartmentsOne Bedroom1BR,1BA$1,006
Shoreline Villas1/1 Bedroom1BR,1BA$1,031
Hillcrest1 Bed 1 Bath1BR,1BA$1,040
Spring Creek ApartmentsA11BR,1BA$1,045
Arbours at Crestview2BR2BR,2BA$1,125
Pine Ridge Apartments at Shalimar1x11BR,1BA$1,150
Riverwood Apartment HomesLaurel1BR,1BA$1,155
Pinnacle Pointe ApartmentsFuji1BR,1BA$1,159
Bel Aire TerraceThe Venice1BR,1BA$1,170

Best Value Apartments for Rent in Okaloosa County, FL

As of January 01, 2026 the best value apartment in the Okaloosa County area is the $1.14 price per square foot Main Model at Grande View Townhomes in the in the Sylvania Heights neighborhood starting from $2,000. The second greatest value Okaloosa County apartment is the 3 bedroom Model at Keystone Townhomes starting at $1,800 with a $1.16 price per square foot in the Shoal River Ranch neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grande View TownhomesMain3BR,2.5BA$1.14
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Arbours at Crestview3BR3BR,2BA$0.96
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.26
Retreat at Redstone1x11BR,1BA$1.25
The CordeliaB1.1.5T2BR,1.5BA$1.32
Addison Place ApartmentsOne Bedroom1BR,1BA$1.33
Princeton Grove1/1 Bedroom1BR,1BA$1.23

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is a cheap apartment in Okaloosa County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Okaloosa County is under $1,170.

What is the price of a cheap apartment in Okaloosa County?

The cheapest apartment in Okaloosa County is Princeton Grove which is listed at $799, while the average apartment in Okaloosa County costs $7,413.

What types of apartments are the cheapest in Okaloosa County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Okaloosa County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Okaloosa County?

Cheap apartments in Okaloosa County have an average cost of $145 which is $7,268 cheaper than the average rent for all rentals in Okaloosa County.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!