
Cheap Homes for Rent in Watersound, FL from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Watersound.


509 Lighthouse Rd

103 Downing St

231 Poinsettia Dr

17614 Front Beach Rd
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.

300 Cain Rd

351 Palm Dr

301 Lullwater Dr

1605 Cape Cod Dr

17214 Front Beach Rd
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.
Watersound, FL Local Guide

How much does it cost to rent a home in Watersound?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watersound 2 Bedroom Homes for Rent | $2,109 | $1,450 | $4,950 |
| Watersound 3 Bedroom Homes for Rent | $2,597 | $1,900 | $3,700 |
| Watersound 4 Bedroom Homes for Rent | $3,587 | $2,400 | $5,500 |
Browse Top Homes for Rent in Watersound
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottages by the Bay | Studio | Studio,1BA | $899 |
| Caladium Apartments | Studio | Studio,1BA | $925 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,015 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Covey Homes Grand Lagoon | Coconut | 2BR,2.5BA | $1.34 |
| Stone Harbor | Three Bedroom Two Bath | 3BR,2BA | $1.11 |
| Edgewater Crossings | MONTEREY | 2BR,2BA | $1.50 |
| Parkside at the Beach | B1 Patio | 2BR,1BA | $1.57 |
| Aztec Villa Apartments | Two Bedroom with Washer & Dryer | 2BR,2BA | $1.14 |
| MAA Emerald Coast | The Laguna | 1BR,1BA | $1.47 |
| White Sands | The Cabana | 1BR,1BA | $1.34 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.16 |
| Westwood Village | The Anise | 1BR,1BA | $1.39 |
| Turtle Lake | The Seabreeze | 1BR,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.
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 #147
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!
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Frequently Asked Questions about Watersound
What type of rentals are currently available in Watersound?
There are currently 41 Apartments for Rent in Watersound, FL with pricing that ranges from $899 to $6,191. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watersound ranging from $1,450 to $5,500.
What is the current price range for Rental Homes in Watersound?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watersound ranges from $1,450 to $5,500 with an average monthly rent of $2,585.
How much are larger Three and Four Bedroom Rentals in Watersound?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watersound range from $1,283 to $3,817, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $6,191.
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

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.

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.

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.

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.