Cheap Apartments for Rent in Fort Walton Beach, FL from $400 (22 Rentals)

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

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Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

50 Kelly AveFort Walton Beach, FL 32548
  • Utilities Included
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Teresa Village
2 Bedroom Apartments

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Shoreline Villas - 62+
1 to 2 Bedroom Apartments

Shoreline Villas - 62+

302 Dates Ave NWFort Walton Beach, FL 32548
Senior Living
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Villager Apartments
1 to 2 Bedroom Apartments

Villager Apartments

22 NW Wright Pky NWFort Walton Beach, FL 32548
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The Greens on 5th
1 to 3 Bedroom Apartments

The Greens on 5th

5 Mooney RdFort Walton Beach, FL 32547
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Oak Tree Park Apartments
1 to 2 Bedroom Apartments

Oak Tree Park Apartments

330 Clifford StFort Walton Beach, FL 32547
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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
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Bradford Apartments
2 Bedroom Apartments

Bradford Apartments

19 Bradford RdFort Walton Beach, FL 32547
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Holly Sands
1 Bedroom Apartments

Holly Sands

5 Sandalwood DrFort Walton Beach, FL 32548
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204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547
property at 551 US-98

551 US-98

Mary EstherFL32569

Fort Walton Beach, FL Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Walton Beach, FL

Pricing Updated: 04/24/2025

Current apartment rentals in the Fort Walton Beach, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fort Walton Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Santa Rosa Island$2,220$1,20021
Wright$2,394$82780
Sylvania Heights$2,417$98282
Ocean City$2,858$82781

Cheapest Available Fort Walton Beach Apartments for Rent

 

The cheapest available apartment rental in Fort Walton Beach, FL is a 1 Bed unit found at Jaymar Apartments in the Santa Rosa Island neighborhood priced from $1,250. Cross Oaks Apartments in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Fort Walton Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jaymar Apartments1 bedroom, 1 bath1BR,1BA$1,250
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,350
Elevate at 604 WestA11BR,1BA$1,374
Church Street Apartments1 Bed / 1 Bath1BR,1BA$1,397
Colony House ApartmentsHeather2BR,1BA$1,465

Best Value Apartments for Rent in Fort Walton Beach, FL

As of April 25, 2025 the best value apartment in the Fort Walton Beach area is the $1.44 price per square foot Three Bedroom Model at SoundSide Apartments in the in the Santa Rosa Island neighborhood starting from $1,991. The second greatest value Fort Walton Beach apartment is the B1 Model at Estates at Palm Bay starting at $1,750 with a $1.42 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Fort Walton Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SoundSide ApartmentsThree Bedroom3BR,2BA$1.44
Estates at Palm BayB12BR,1.5BA$1.42
The CordeliaB1.1.5T2BR,1.5BA$1.58
The AriaB12BR,2BA$1.81
Church Street Apartments2 Beds / 1 Bath2BR,1BA$1.77
Colony House ApartmentsHeather2BR,1BA$1.70
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1.78
315 Bream Ave315 Bream Ave2BR,1BA$1.85
Elevate at 604 WestA11BR,1BA$2.03
Jaymar Apartments1 bedroom, 1 bath1BR,1BA$2.17

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Fort Walton Beach Overview

If you love the appeal of powdery white beaches and tranquil waters, you will love Fort Walton Beach. It is a coastal community in Okaloosa County, located in Florida. Whether you love fishing, golfing, surfing or shopping, this resort-based area has something for everyone. There are also various museums to visit and an array of delicious foods to indulge in. When you live in one of our apartments in Fort Walton Beach, you will have a fantastic time throughout the year.

Why live in Fort Walton Beach, FL?

Often referred to as the Emerald Coast because of its enchanting greenish-blue tinted waters, Fort Walton Beach is a magnet for tourists. Downtown and uptown are filled with places of interest and activities for everybody. With the great weather and the feeling of a small community, “snowbirds” are known to make their permanent homes here and some live in Fort Walton Beach apartments.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fort Walton Beach, FL Rentals by Map

View MapFort Walton Beach, FL Apartments MapView MapFort Walton Beach, FL Rental Homes Map

Getting Around Fort Walton Beach, FL

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Fort Walton Beach Apartments

What is the price of a cheap apartment in Fort Walton Beach?

The cheapest apartment in Fort Walton Beach is Jaymar Apartments which is listed at $1,250, while the average apartment in Fort Walton Beach costs $2,472.

What types of apartments are the cheapest in Fort Walton Beach?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Fort Walton Beach that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fort Walton Beach?

Cheap apartments in Fort Walton Beach have an average cost of $1,146 which is $1,326 cheaper than the average rent for all rentals in Fort Walton Beach.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.