Cheap Homes for Rent in Okaloosa County, FL from $800 (131 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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, Unit 17

19 Chestnut Ave SE
Fort Walton BeachFL32548

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.

Read Article
property at 545 Hickory Ave

$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Now

545 Hickory Ave

NicevilleFL32578
property at 873 Fairview Dr

$1,275

2 Bedroom, 1 Bath Townhome for Rent

Available Now

873 Fairview Dr

Fort Walton BeachFL32547
property at 55 Bay Dr

$1,275 - $1,595

1 Bedroom Rentals

Available Now

55 Bay Dr

NicevilleFL32578

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.

Read Article
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, Unit 3

53 Robys Dr
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.

Read Article
property at 49 Mallard Ave NE

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Apr 15

49 Mallard Ave NE

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 3

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 $986. ADDISON PLACE 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 Grove1/1 Bedroom1BR,1BA$986
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1,006
Bel Aire TerraceThe Venice1BR,1BA$1,118
Pine Ridge Apartments at Shalimar1x11BR,1BA$1,150
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Bradford Place ApartmentsMain2BR,2BA$1,200
Falcon HouseA11BR,1BA$1,239
Solis at Niceville1x1 Reno1BR,1BA$1,250
Jaymar Apartments1 bedroom, 1 bath1BR,1BA$1,250

Best Value Apartments for Rent in Okaloosa County, FL

As of April 10, 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
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
Spring Creek ApartmentsB12BR,2BA$1.18
Retreat at Redstone1x11BR,1BA$1.25
The CordeliaB1.1.5T2BR,1.5BA$1.32
Emerald ShoresB12BR,2BA$1.41
Bradford Place ApartmentsMain2BR,2BA$1.29
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1.33

Frequently Asked Questions about Okaloosa County

What type of rentals are currently available in Okaloosa County?

There are currently 309 Apartments for Rent in Okaloosa County, FL with pricing that ranges from $892 to $18,671. There are also 431 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okaloosa County ranging from $895 to $5,950.

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 $895 to $5,950 with an average monthly rent of $2,070.

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 $8,326, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $5,950. Four Bedroom Single-Family rentals are also available starting from $1,550 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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.