Cheap Homes for Rent in Okaloosa County, FL from $700 (100 Rentals)

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

property at 587 Florosa Ct

587 Florosa Ct

Mary EstherFL32569

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 210 Pelham Rd

210 Pelham Rd

Fort Walton BeachFL32547
property at 575 Florosa Ct

575 Florosa Ct

Mary EstherFL32569

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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property at 118 Classic Manor Ct

118 Classic Manor Ct

Fort Walton BeachFL32548

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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property at 151 Scottwood Dr SE

151 Scottwood Dr SE

Fort Walton BeachFL32548

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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property at 413 Hickory Ave

413 Hickory Ave

NicevilleFL32578
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Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at Princeton Grove- Now Leasing in the Shoal River Ranch neighborhood priced from $1,048. Riverwood Apartment Homes in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Grove- Now Leasing1 Bedroom1BR,1BA$1,048
Riverwood Apartment HomesLaurel1BR,1BA$1,199
Bel Aire TerraceA11BR,1BA$1,219
The Waters At RedstoneThe Aviator1BR,1BA$1,267
The Waters at CrestviewThe Chenille1BR,1BA$1,271
Addison Place ApartmentsTwo Bedroom2BR,2BA$1,279
Coastline ApartmentsCaret-King1BR,1BA$1,290
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,295
Exchange at CrestviewA11BR,1BA$1,295
Church Street Apartments1 Bed / 1 Bath1BR,1BA$1,327

Best Value Apartments for Rent in Okaloosa County, FL

As of June 18, 2025 the best value apartment in the Okaloosa County area is the $1.25 price per square foot 3 bedroom Model at Keystone Townhomes in the in the Shoal River Ranch neighborhood starting from $1,950. The second greatest value Okaloosa County apartment is the C1 Model at Spring Creek Apartments starting at $1,495 with a $1.10 price per square foot . 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.
Keystone Townhomes3 bedroom3BR,2.5BA$1.25
Spring Creek ApartmentsC13BR,2BA$1.10
Estates at Palm BayB12BR,1.5BA$1.57
Emerald ShoresB12BR,2BA$1.57
The CordeliaB1.1.5T2BR,1.5BA$1.58
Addison Place ApartmentsTwo Bedroom2BR,2BA$1.17
The Waters At RedstoneThe Aviator1BR,1BA$1.52
Pinnacle Pointe ApartmentsFuji1BR,1BA$1.46
Riverwood Apartment HomesLaurel1BR,1BA$1.58
Princeton Grove- Now Leasing1 Bedroom1BR,1BA$1.60

Frequently Asked Questions about Okaloosa County

What type of rentals are currently available in Okaloosa County?

There are currently 308 Apartments for Rent in Okaloosa County, FL with pricing that ranges from $750 to $7,112. There are also 530 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okaloosa County ranging from $750 to $11,950.

What is the current price range for Rental Homes in Okaloosa County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Okaloosa County ranges from $750 to $11,950 with an average monthly rent of $3,321.

How much are larger Three and Four Bedroom Rentals in Okaloosa County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Okaloosa County range from $1,350 to $7,112, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $4,990. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $750.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.