
Cheap Apartments for Rent in Watersound, FL from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Watersound.


Stone Harbor

Caladium Apartments

Andrews Place Apartments

Westwood Village

Stanford Pointe

Turtle Lake

Spyglass Apartments

Aztec Villa Apartments
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.

Exchange at the Beach

Exchange at North Bay

Total Monthly Price
10X Retreat at PCB

White Sands

Pier Park Crossings

The Tyde Apartments

Emerald Park

MAA Emerald Coast

Total Monthly Price
10X Breakfast Point
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.

Total Monthly Price
10X Panama City Beach

Edgewater Crossings

The Place at Grand Lagoon

Sunnyside Apartments

Residences at SweetBay

Legends at Clara

Panama Flats

The Oasis at Seahaven

The Sanctuary at 331
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.

Sea Sound

Jewel at Santa Rosa Beach

The Beacon at 331 Apartments

The LOFTS at Seacrest Beach

Seaview Apartments at Santa Rosa Beach

Total Monthly Price
Perla

Vintage Lake Powell Apartments

618 Evergreen St

8800 Front Beach Rd
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.

126 S Walton Lakeshore Dr

17642 Front Beach Rd

Watermark at Urban Blu

Parkside at the Beach

17462 Front Beach Rd

103 Downing St

509 Lighthouse Rd

310 Malaga Pl

22026 Bataan Ave
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.

17751 Panama City Beach Pkwy

207 Cain Rd
Watersound, FL Local Guide

How much does it cost to rent an apartment in Watersound?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watersound Studio Apartments | $1,337 | $899 | $1,585 |
| Watersound 1 Bedroom Apartments | $1,573 | $923 | $2,158 |
| Watersound 2 Bedroom Apartments | $1,925 | $1,118 | $2,895 |
| Watersound 3 Bedroom Apartments | $2,191 | $1,283 | $3,230 |
| Watersound 4 Bedroom Apartments | $10,713 | $10,000 | $10,000+ |
Browse Top Apartments in Watersound
See all Apartments in WatersoundExplore Watersound
Watersound, FL Local Guide
- Nearby Cities
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Cheapest Available Watersound Apartments for Rent and Nearby
 The cheapest available apartment rental in Watersound, FL is a Studio unit found at Cottages by the Bay priced from $899. Stone Harbor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $923. Here is today’s list of the most affordable Watersound apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottages by the Bay | Studio | Studio,1BA | $899 |
| Stone Harbor | One Bedroom One Bath | 1BR,1BA | $923 |
| Caladium Apartments | Studio | Studio,1BA | $925 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $983 |
| Exchange at the Beach | 1 Bedroom 120% | 1BR,1BA | $1,229 |
| Turtle Lake | The Lakeview | 2BR,2BA | $1,230 |
| Exchange at North Bay | A-1 | 1BR,1BA | $1,260 |
| 10X Retreat at PCB | B2 | 2BR,2BA | $1,269 |
| 79 West | The West | 1BR,1BA | $1,273 |
| Westwood Village | The Hibiscus | 2BR,1BA | $1,280 |
Best Value Apartments for Rent in Watersound, FL and Nearby
As of April 26, 2026 the best value apartment in the Watersound area is the $1.43 price per square foot Mint Model at Covey Homes Grand Lagoon in the starting from $2,025. The second greatest value Watersound apartment is the The Avalon Model at White Sands starting at $1,375 with a $1.15 price per square foot . Here is today’s list of the best values for Watersound apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Covey Homes Grand Lagoon | Mint | 3BR,2.5BA | $1.43 |
| White Sands | The Avalon | 2BR,2BA | $1.15 |
| Edgewater Crossings | MONTEREY | 2BR,2BA | $1.43 |
| 10X Breakfast Point | B1 | 2BR,2BA | $1.33 |
| Westwood Village | The Hibiscus | 2BR,1.5BA | $1.28 |
| Turtle Lake | The Sunset | 2BR,1.5BA | $1.44 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
| MAA Emerald Coast | The Crestview | 1BR,1BA | $1.59 |
| 10X Retreat at PCB | A2 | 1BR,1BA | $1.59 |
| Stone Harbor | One Bedroom One Bath | 1BR,1BA | $1.15 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWatersound, FL
Ranked #139
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Watersound, FL Rentals by Map
See the most popular apartments and homes in Watersound, FL
Frequently Asked Questions about Cheap Watersound Apartments
What is the Cheapest Studio apartment in Watersound?
Currently the most affordable Cheap Studio Apartment in Watersound is at Cottages by the Bay listed at $899.
How much is rent for a Cheap One Bedroom Watersound Apartment?
The lowest price for a Cheap One Bedroom Watersound Apartment is $923 at Stone Harbor.
What is the lowest price for a Cheap Two Bedroom Watersound Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Watersound is starting from $1,118 at Stone Harbor.
What is the most affordable Watersound Three Bedroom Apartment?
The best deal on a cheap Watersound Three Bedroom Apartment rental is at Stone Harbor and starts from $1,283.
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

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.

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.

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.

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.