Cheap Homes for Rent in Okaloosa County, FL from $900 (163 Rentals)

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

property at 19 Chestnut Ave SE

$995

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 210 Pelham Rd

$1,150 - $1,900

Studio To 2 Bedroom Rentals

Available Now

210 Pelham Rd

Fort Walton BeachFL32547

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 67 Josie Rd

$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Now

67 Josie Rd

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 113 Classic Ct

$1,275

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

113 Classic 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 53 Robys Dr

$1,315

1 Bedroom, 1 Bath Condo for Rent

Available Now

53 Robys Dr

Mary EstherFL32569
property at 545 Hickory Ave

$1,325

2 Bedroom, 1 Bath Townhome for Rent

Available Now

545 Hickory Ave

NicevilleFL32578
property at 208 Third St SE

$1,350

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

208 Third St 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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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$1,166

Best Value Apartments for Rent in Okaloosa County, FL

As of January 03, 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 Okaloosa County

What type of rentals are currently available in Okaloosa County?

There are currently 343 Apartments for Rent in Okaloosa County, FL with pricing that ranges from $750 to $31,299. There are also 541 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okaloosa County ranging from $900 to $6,500.

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 $900 to $6,500 with an average monthly rent of $2,556.

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 $11,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,650 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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

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.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!