Cheap Homes for Rent in Okaloosa County, FL from $700 (77 Rentals)

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

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property at 134 Alder Ave SE

134 Alder Ave SE

Fort Walton BeachFL32548
property at 678 Denton Blvd NW

678 Denton Blvd NW

Fort Walton BeachFL32547

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 201 Johnson Ct

201 Johnson Ct

CrestviewFL32536
property at 223 Johnson Ct

223 Johnson Ct

CrestviewFL32536

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.

Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at Spring Creek Apartments priced from $1,064. Arbours at Crestveiw in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,125. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Spring Creek ApartmentsA21BR,1BA$1,064
Arbours at Crestveiw2BR2BR,2BA$1,125
Riverwood Apartment HomesLaurel1BR,1BA$1,199
Bel Aire TerraceA11BR,1BA$1,210
Coastline ApartmentsCroix1BR,1BA$1,250
Jaymar Apartments1 bedroom, 1 bath1BR,1BA$1,250
Gulf Cove Apartments LLC2x12BR,1BA$1,275
Addison Place ApartmentsTwo Bedroom2BR,2BA$1,279
The Waters at CrestviewThe Chenille1BR,1BA$1,283

Best Value Apartments for Rent in Okaloosa County, FL

As of September 16, 2025 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 Bed, 3 Baths Model at Retreat at Redstone starting at $1,847 with a $1.06 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
Retreat at Redstone3 Bed, 3 Baths3BR,2BA$1.06
Elan ApartmentsChiaretto3BR,2.5BA$1.23
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Arbours at Crestveiw2BR2BR,2BA$0.90
Courtland TerraceMain2BR,1.5BA$1.26
Addison Place ApartmentsTwo Bedroom2BR,2BA$1.17
Pinnacle Pointe ApartmentsGala2BR,2BA$1.31
Bradford Place ApartmentsMain2BR,2BA$1.40
Spring Creek ApartmentsA21BR,1BA$1.34

Frequently Asked Questions about Okaloosa County

What type of rentals are currently available in Okaloosa County?

There are currently 321 Apartments for Rent in Okaloosa County, FL with pricing that ranges from $850 to $30,000. There are also 580 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okaloosa County ranging from $700 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 $700 to $11,950 with an average monthly rent of $3,288.

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 $7,112, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $5,200. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,575.

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 The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.