Cheap Homes for Rent in Okaloosa County, FL from $700 (83 Rentals)

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

property at 1340 Hornbeam Dr

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

3 Bedroom, 3 Bath Home for Rent

Available Now

1340 Hornbeam Dr

BakerFL32531
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

Fort Walton BeachFL32548

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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property at 545 Hickory Ave

$1,195

2 Bedroom, 1 Bath Townhome for Rent

Available Now

545 Hickory Ave

NicevilleFL32578
property at 596 Florosa Ct

$1,200 - $1,250

2 Bedroom Rentals

Available Now

596 Florosa Ct

Mary EstherFL32569
property at 590 Florosa Ct

$1,225 - $1,250

2 Bedroom Rentals

Available Now

590 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 113 Classic Ct

$1,250

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

113 Classic Ct

Fort Walton BeachFL32548
property at 67 Josie Rd

$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Now

67 Josie Rd

Mary EstherFL32569
property at 208 Third St SE

$1,295

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

208 Third St SE

Fort Walton BeachFL32548

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 426 Apple Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 2 Bath Home for Rent

Available Mar 1

426 Apple Dr

CrestviewFL32536
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

Mary EstherFL32569

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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Navigating the Rental Market: Tips for First-Time Renters

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Showing Results 1-50, Page 1 of 2

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 in the Shoal River Ranch neighborhood priced from $412. Arbours at Crestview in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Grove1/1 Bedroom1BR,1BA$412
Arbours at Crestview1BR1BR,1BA$940
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1,006
Bel Aire TerraceThe Venice1BR,1BA$1,053
Holly SandsOne Bedroom One Bath Apartment1BR,1BA$1,055
Spring Creek ApartmentsA21BR,1BA$1,065
Pinnacle Pointe ApartmentsFuji1BR,1BA$1,100
Pine Ridge Apartments at Shalimar1x11BR,1BA$1,150
Villager ApartmentsB12BR,1BA$1,152
Riverwood Apartment HomesLaurel1BR,1BA$1,199

Best Value Apartments for Rent in Okaloosa County, FL

As of February 24, 2026 the best value apartment in the Okaloosa County area is the $1.16 price per square foot 3 bedroom Model at Keystone Townhomes in the in the Shoal River Ranch neighborhood starting from $1,800. 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.
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
Heather GlennThree Bedroom Two Bath3BR,2BA$1.16
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
Retreat at Redstone1x11BR,1BA$1.25
The CordeliaB1.1.5T2BR,1.5BA$1.32
Bradford Place ApartmentsMain2BR,2BA$1.29
Princeton Grove2/2 Bedroom2BR,2BA$1.17
Arbours at Crestview1BR1BR,1BA$1.06

Frequently Asked Questions about Okaloosa County

What type of rentals are currently available in Okaloosa County?

There are currently 324 Apartments for Rent in Okaloosa County, FL with pricing that ranges from $849 to $33,634. There are also 441 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okaloosa County ranging from $700 to $22,500.

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 $22,500 with an average monthly rent of $5,459.

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 $1,300 to $13,739, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $5,950. Four Bedroom Single-Family rentals are also available starting from $780 and Four Bedroom Apartments start at $1,575.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.