Cheap Apartments for Rent in Red Bay, FL from $500 (50 Rentals)

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10X Breakfast Point
Rent Specials
$1,248 - $5,774
Total Monthly Price

Total Monthly Price

Base Rent
$1,248 - $5,774

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

10X Breakfast Point

9700 Panama City Beach PkyPanama City Beach, FL 32407
Furnished
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10X Retreat at PCB
Rent Specials
$1,357 - $3,073
Total Monthly Price

Total Monthly Price

Base Rent
$1,357 - $3,073

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

10X Retreat at PCB

90 Sandal LnPanama City Beach, FL 32413
Affordability
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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.

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Arcadia 331
Rent Specials
$1,422 - $1,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,422 - $1,880

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1 to 2 Bedroom Apartments Available Now

Arcadia 331

34 Ramsey Branch RdFreeport, FL 32439
Affordability
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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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Legacy on the Bay
$1,449 - $4,084
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $4,084

Total Monthly Price
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1 to 4 Bedroom Apartments Available Now

Legacy on the Bay

251 Vinings Way BlvdDestin, FL 32541
Corporate Housing
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The Waters at Freeport
$1,496 - $2,615
Total Monthly Price

Total Monthly Price

Base Rent
$1,496 - $2,615

Total Monthly Price
$1,496 - $2,615
1 to 3 Bedroom Apartments Available Now

The Waters at Freeport

185 Marquis WayFreeport, FL 32439
Family Friendly
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  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Sandbar
$1,628 - $2,468
Total Monthly Price

Total Monthly Price

Base Rent
$1,628 - $2,468

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Sandbar

360 Orleans AveSanta Rosa Beach, FL 32459
Affordability
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Rosemary Place
1 to 3 Bedroom Apartments

Rosemary Place

266 EMR AveFreeport, FL 32439
  • Utilities Included
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618 Evergreen St
Studio to 2 Bedroom Apartments

618 Evergreen St

618 Evergreen StPanama City Beach, FL 32407
  • Utilities Included

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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The Golf Villas
1 Bedroom Apartments

The Golf Villas

1940 Bluewater BlvdNiceville, FL 32578

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.

Red Bay, FL Local Guide

Cheapest Available Red Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red Bay, FL is a 2 Beds unit found at Rosemary Place priced from $521. Caladium Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Red Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosemary Place2 Bdrm2BR,2BA$521
Caladium ApartmentsStudioStudio,1BA$925
10X Breakfast PointA11BR,1BA$1,248
Edgewater CrossingsAUGUSTA1BR,1BA$1,325
Terra MarCyprus1BR,1BA$1,327
White SandsThe Cabana1BR,1BA$1,330
Sunnyside Apartments1B1BS 1201BR,1BA$1,360
Sea SoundSunset 21BR,1BA$1,363
79 WestThe West1BR,1BA$1,373
MAA Emerald CoastThe Santa Rosa2BR,2BA$1,374

Best Value Apartments for Rent in Red Bay, FL and Nearby

As of May 28, 2026 the best value apartment in the Red Bay area is the $1.41 price per square foot Palm Model at Walton's Landing Townhomes in the starting from $2,100. The second greatest value Red Bay apartment is the C1 Patio Model at Parkside at the Beach starting at $1,961 with a $1.45 price per square foot in the Palmetto Trace neighborhood. Here is today’s list of the best values for Red Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walton's Landing TownhomesPalm3BR,2.5BA$1.41
Parkside at the BeachC1 Patio3BR,2BA$1.45
Pier Park CrossingsExpansive & Inviting3BR,2BA$1.56
Exchange at Owls HeadB5 with Garage2BR,2BA$1.68
MAA Emerald CoastThe Laguna1BR,1BA$1.40
White SandsThe Cabana1BR,1BA$1.39
Sea SoundSunset 31BR,1BA$1.62
10X Breakfast PointA11BR,1BA$1.53
Rosemary Place1 Bdrm1BR,1BA$1.02
Stone HarborOne Bedroom One Bath1BR,1BA$1.31

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Red Bay, FL

Ranked #123

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Red Bay Apartments

How much is rent for a Cheap One Bedroom Red Bay Apartment?

The lowest price for a Cheap One Bedroom Red Bay Apartment is $815 at Rosemary Place.

What is the lowest price for a Cheap Two Bedroom Red Bay Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Red Bay is starting from $521 at Rosemary Place.

What is the most affordable Red Bay Three Bedroom Apartment?

The best deal on a cheap Red Bay Three Bedroom Apartment rental is at 10X Breakfast Point and starts from $1,659.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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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.