
Cheap Apartments for Rent near Watersound, FL from $700 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Watersound.


Andrews Place Apartments

Westwood Village

Turtle Lake

Exchange at North Bay

Sea Sound

White Sands

Total Monthly Price
Aztec Villa Apartments

Stone Harbor
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Emerald Park

Exchange at the Beach

Total Monthly Price
10X Breakfast Point

The Place at Grand Lagoon

Parkside at the Beach

Stanford Pointe

Edgewater Crossings

Legends at Clara

Sunnyside Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
The Tyde Apartments

Total Monthly Price
Jewel at Santa Rosa Beach

MAA Emerald Coast

Total Monthly Price
Perla

Panama Flats

Total Monthly Price
10X Panama City Beach

Residences at SweetBay

Seaview Apartments at Santa Rosa Beach

Total Monthly Price
10X Retreat at PCB
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Sanctuary at 331

Pier Park Crossings

Vintage Lake Powell Apartments

The Beacon at 331 Apartments

Tranquilty at Bay Point

Total Monthly Price
The Oasis at Seahaven

Spyglass Apartments

The LOFTS at Seacrest Beach

618 Evergreen St
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.

8800 Front Beach Rd

310 Malaga Pl

Watermark at Urban Blu

103 Downing St

509 Lighthouse Rd

503 Granada Cir

17614 Front Beach Rd

300 Cain Rd

1605 Cape Cod Dr
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.

301 Lullwater Dr

276 Daffin Pl

18912 Front Beach 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 | $1,276 | $899 | $1,408 |
| Watersound 1 Bedroom Apartments | $1,605 | $1,037 | $2,334 |
| Watersound 2 Bedroom Apartments | $1,972 | $1,240 | $2,905 |
| Watersound 3 Bedroom Apartments | $2,302 | $1,283 | $4,443 |
| Watersound 4 Bedroom Apartments | $8,366 | $8,366 | $8,366 |
Browse Top Apartments in Watersound
See all Apartments in WatersoundExplore Watersound
Watersound, FL Local Guide
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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. Andrews Place Apartments in the SweetBay neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,037. 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 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,037 |
| Exchange at North Bay | A-1 | 1BR,1BA | $1,215 |
| White Sands | The Cabana | 1BR,1BA | $1,243 |
| Stone Harbor | Three Bedroom Two Bath | 3BR,2BA | $1,283 |
| Turtle Lake | The Sunset | 2BR,1BA | $1,295 |
| Exchange at the Beach | 1 Bedroom 120% | 1BR,1BA | $1,303 |
| 10X Breakfast Point | A1 | 1BR,1BA | $1,308 |
| 79 West | The West | 1BR,1BA | $1,333 |
| The Place at Grand Lagoon | A1 | 1BR,1BA | $1,345 |
Best Value Apartments for Rent in Watersound, FL and Nearby
As of July 26, 2026 the best value apartment in the Watersound area is the $1.46 price per square foot Mint Model at Covey Homes Grand Lagoon in the starting from $2,074. The second greatest value Watersound apartment is the C1 Patio Model at Parkside at the Beach starting at $2,131 with a $1.57 price per square foot in the Palmetto Trace neighborhood. 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 | $1.46 |
| Parkside at the Beach | C1 Patio | 3BR,2BA | $1.57 |
| Edgewater Crossings | PINEHURST | 3BR,2BA | $1.54 |
| 10X Breakfast Point | C1 | 3BR,2BA | $1.63 |
| Stone Harbor | Three Bedroom Two Bath | 3BR,2BA | $1.02 |
| Tranquilty at Bay Point | 2 BR | 2BR,2BA | $1.45 |
| White Sands | The Cabana | 1BR,1BA | $1.29 |
| Turtle Lake | The Sunset | 2BR,1.5BA | $1.44 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
| The Place at Grand Lagoon | A1 | 1BR,1BA | $1.72 |
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.
Read ArticleReal 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.
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 #166
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 $1,037 at Andrews Place Apartments.
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 $1,248 at Andrews Place Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.