Cheap Homes for Rent in Okaloosa County, FL from $800 (91 Rentals)

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

property at 307 E Walnut Ave

$900

1 Bedroom, 1 Bath Townhome for Rent

Available Now

307 E Walnut Ave

CrestviewFL32539
property at 19 Chestnut Ave SE

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

19 Chestnut Ave SE, Unit 17

19 Chestnut Ave SE
Fort Walton BeachFL32548
property at 513 Landview Dr

$1,175

2 Bedroom Rentals

Available Now

513 Landview Dr

Fort Walton BeachFL32547

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1328 Greendale Ave

$1,200

2 Bedroom, 1.5 Bath Home for Rent

Available Oct 23

1328 Greendale Ave

Fort Walton BeachFL32547
property at 509 Landview Dr

$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Now

509 Landview Dr

Fort Walton BeachFL32547

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 565 Florosa Ct

$1,250 - $1,300

2 Bedroom Rentals

Available Now

565 Florosa Ct

Mary EstherFL32569
property at 53 Robys Dr

$1,315

Total Monthly Price

Total Monthly Price

Base Rent
$1,315

Total Monthly Price
$1,315

1 Bedroom, 1 Bath Condo for Rent

Available Now

53 Robys Dr, Unit 3

53 Robys Dr
Mary EstherFL32569

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 124 Alder Ave SE

$1,395

2 Bedroom, 2 Bath Townhome for Rent

Available Now

124 Alder Ave SE

Fort Walton BeachFL32548
property at 210 Pelham Rd

$1,325 - $1,595

2 Bedroom Rentals

Available Now

210 Pelham Rd

Fort Walton BeachFL32547

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 223 Johnson Ct

$1,450

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

223 Johnson Ct

CrestviewFL32536

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.

Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at Holly Sands in the Sylvania Heights neighborhood priced from $1,055. Coastline Apartments in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,115. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holly SandsOne Bedroom One Bath Apartment1BR,1BA$1,055
Coastline ApartmentsCaret1BR,1BA$1,115
Bel Aire TerraceThe Venice1BR,1BA$1,126
Spring Creek ApartmentsA11BR,1BA$1,190
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
MER-Teresa Village Apartments2BD/ 1 BA2BR,1BA$1,225
Bradford Place ApartmentsMain2BR,2BA$1,225
Falcon HouseA11BR,1BA$1,245

Best Value Apartments for Rent in Okaloosa County, FL

As of August 30, 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 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments starting at $1,200 with a $0.92 price per square foot in the Sylvania Heights 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
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
ADDISON PLACE3 Bed 2 Bath3BR,2BA$1.00
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
The CordeliaB1.1.5T2BR,1.5BA$1.32
46 5th Ave, Unit 46 A46 5th Ave2BR,1BA$1.25
25 6th St, Unit B25 6th St2BR,1BA$1.29
Bradford Place ApartmentsMain2BR,2BA$1.32
MER-Teresa Village Apartments2BD/ 1 BA2BR,1BA$1.38

Frequently Asked Questions about Okaloosa County

What type of rentals are currently available in Okaloosa County?

There are currently 331 Apartments for Rent in Okaloosa County, FL with pricing that ranges from $586 to $13,350. There are also 537 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okaloosa County ranging from $800 to $20,000.

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 $800 to $20,000 with an average monthly rent of $2,186.

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 $1,380 to $13,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,666.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.