Cheap Apartments for Rent in Walton County, FL from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Walton County.

property at 720 E Nelson Ave

$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

720 E Nelson Ave

Defuniak SpringsFL32433
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The Waters at Freeport
Rent Specials
$1,362 - $2,537
Total Monthly Price

Total Monthly Price

Base Rent
$1,362 - $2,537

Total Monthly Price
$1,362 - $2,537
1 to 3 Bedroom Apartments Available Now

The Waters at Freeport

185 Marquis WayFreeport, FL 32439
Family Friendly
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  • Customer Reviewed
  • Utilities Included

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
$1,465 - $1,881
Total Monthly Price

Total Monthly Price

Base Rent
$1,465 - $1,881

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Arcadia 331

34 Ramsey Branch RdFreeport, FL 32439
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Rosemary Place
1 to 3 Bedroom Apartments

Rosemary Place

266 EMR AveFreeport, FL 32439
  • Utilities Included

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property at 200 Sandestin Ln

$1,500 - $1,900

1 To 2 Bedroom Rentals

Available Now

200 Sandestin Ln

Miramar BeachFL32550

Cheapest Available Walton County Apartments for Rent

 

The cheapest available apartment rental in Walton County, FL is a 2 Beds unit found at Rosemary Place priced from $521. Infinity Hammock Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,173. Here is today’s list of the most affordable Walton County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosemary PlaceTwo Bedroom2BR,2BA$521
Infinity Hammock BayOrion1BR,1BA$1,173
Terra MarCyprus1BR,1BA$1,310
Seaview Apartments at Santa Rosa BeachThe Starfish1BR,1BA$1,350
The Waters at FreeportThe Daysailer II1BR,1BA$1,362
Exchange at Owls HeadA21BR,1BA$1,435
The Southern at Santa Rosa BeachThe Ocean Pearl1BR,1BA$1,460
Arcadia 331A11BR,1BA$1,465
The Sanctuary at 331One Bedroom with Solarium1BR,1BA$1,472
The Crossings at RiverwalkD11BR,1BA$1,495

Best Value Apartments for Rent in Walton County, FL

As of April 23, 2026 the best value apartment in the Walton County area is the $1.34 price per square foot Palm Corner Model at Walton's Landing Townhomes in the starting from $1,999. The second greatest value Walton County apartment is the Coastal Townhome Model at Artisan Living North Beach starting at $2,280 with a $1.61 price per square foot . Here is today’s list of the best values for Walton County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walton's Landing TownhomesPalm Corner3BR,2.5BA$1.34
Artisan Living North BeachCoastal Townhome3BR,2.5BA$1.61
Rosemary PlaceTwo Bedroom2BR,2BA$0.51
Exchange at Owls HeadA21BR,1BA$1.59
The Beacon at 331 ApartmentsA21BR,1BA$1.99
The Crossings at RiverwalkD11BR,1BA$1.72
Madison at Owl's HeadDogwood1BR,1BA$1.94
Infinity Hammock BayHorizon1BR,1BA$1.72
The Waters at FreeportThe Daysailer I1BR,1BA$1.92
The Southern at Santa Rosa BeachThe Ocean Pearl1BR,1BA$1.98

Frequently Asked Questions about Cheap Walton County Apartments

How much is rent for a Cheap One Bedroom Walton County Apartment?

The lowest price for a Cheap One Bedroom Walton County Apartment is $1,173 at Infinity Hammock Bay.

What is the lowest price for a Cheap Two Bedroom Walton County Apartment for rent?

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

What is the most affordable Walton County Three Bedroom Apartment?

The best deal on a cheap Walton County Three Bedroom Apartment rental is at The Crossings at Riverwalk and starts from $1,825.

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

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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.

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.