Cheap Apartments for Rent in Watersound, FL from $700 (47 Rentals)

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

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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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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The Tyde Apartments
Rent Specials
$1,399 - $2,359
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $2,359
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Tyde Apartments

1105 Clara AvePanama City Beach, FL 32407
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Perla
Rent Specials
$1,545 - $2,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $2,354
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Perla

2195 Wilkinson StPanama City Beach, FL 32408
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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618 Evergreen St
Studio to 2 Bedroom Apartments

618 Evergreen St

618 Evergreen StPanama City Beach, FL 32407
  • Utilities Included
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8800 Front Beach Rd
Studio Apartments

8800 Front Beach Rd

8800 Front Beach RdPanama 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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Watermark at Urban Blu
1 to 3 Bedroom Apartments

Watermark at Urban Blu

8551 Panama City Beach PkyPanama City Beach, FL 32407

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.

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Showing Results 1-47, Page 1 of 1

Watersound, FL Local Guide

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. 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 Watersound apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages by the BayStudioStudio,1BA$899
Caladium ApartmentsStudioStudio,1BA$925
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1,015
Stone HarborTwo Bedroom Two Bath2BR,2BA$1,118
Turtle LakeThe Seabreeze1BR,1BA$1,135
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR,2BA$1,220
Exchange at the Beach1 Bedroom 120%1BR,1BA$1,253
79 WestThe West1BR,1BA$1,253
Exchange at North BayA-11BR,1BA$1,265
Westwood VillageThe Hibiscus2BR,1BA$1,280

Best Value Apartments for Rent in Watersound, FL and Nearby

As of June 11, 2026 the best value apartment in the Watersound area is the $1.34 price per square foot Coconut Model at Covey Homes Grand Lagoon in the starting from $1,900. The second greatest value Watersound apartment is the Three Bedroom Two Bath Model at Stone Harbor starting at $1,283 with a $1.11 price per square foot . Here is today’s list of the best values for Watersound apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Covey Homes Grand LagoonCoconut2BR,2.5BA$1.34
Stone HarborThree Bedroom Two Bath3BR,2BA$1.11
Edgewater CrossingsMONTEREY2BR,2BA$1.50
Parkside at the BeachB1 Patio2BR,1BA$1.57
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR,2BA$1.14
MAA Emerald CoastThe Laguna1BR,1BA$1.47
White SandsThe Cabana1BR,1BA$1.34
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1.16
Westwood VillageThe Anise1BR,1BA$1.39
Turtle LakeThe Seabreeze1BR,1BA$1.62

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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Quick 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.

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Pet Friendly Lifestyle
Watersound, FL

Ranked #147

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:
Location, Location, Location!

Explore Watersound, FL Rentals by Map

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See the most popular apartments and homes in Watersound, FL

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Watersound, FL Apartments Map
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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 $1,015 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 $1,118 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.