Cheap Apartments for Rent in Okaloosa County, FL from $400 (15 Rentals)

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

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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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Miramar Apartments
2 to 3 Bedroom Apartments

Miramar Apartments

1005 Martin Luther King Jr AveCrestview, FL 32536
  • Utilities Included
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Twin Oaks
2 Bedroom Apartments

Twin Oaks

140 Banner CtCrestview, FL 32539
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Niceville Apartments
2 Bedroom Apartments

Niceville Apartments

203 Kelly RdValparaiso, FL 32580
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Inntown Apartments
1 to 2 Bedroom Apartments

Inntown Apartments

795 N Wilson StCrestview, FL 32536

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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Teresa Village
2 Bedroom Apartments

Teresa Village

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

Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 3 Beds unit found at Arbours at Crestveiw in the Shoal River Ranch neighborhood priced from $555. Spring Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,042. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbours at Crestveiw3BR3BR,2BA$555
Spring Creek ApartmentsA11BR,1BA$1,042
Riverwood Apartment HomesLaurel1BR,1BA$1,155
Pinnacle Pointe ApartmentsFuji1BR,1BA$1,209
Solis at Niceville1x1 Renovated1BR,1BA$1,250

Best Value Apartments for Rent in Okaloosa County, FL

As of April 27, 2025 the best value apartment in the Okaloosa County area is the $1.25 price per square foot 3 bedroom Model at Keystone Townhomes in the in the Shoal River Ranch neighborhood starting from $1,950. The second greatest value Okaloosa County apartment is the Three Bedroom Model at SoundSide Apartments starting at $1,991 with a $1.44 price per square foot in the Santa Rosa Island neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Keystone Townhomes3 bedroom3BR,2.5BA$1.25
SoundSide ApartmentsThree Bedroom3BR,2BA$1.44
Arbours at Crestveiw2BR2BR,2BA$0.90
Estates at Palm BayB12BR,1.5BA$1.57
Emerald ShoresB12BR,2BA$1.57
The CordeliaB1.1.5T2BR,1.5BA$1.58
The Waters At RedstoneThe Aviator1BR,1BA$1.55
Pinnacle Pointe ApartmentsFuji1BR,1BA$1.46
Riverwood Apartment HomesLaurel1BR,1BA$1.52
Spring Creek ApartmentsA11BR,1BA$1.58

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is a cheap apartment in Okaloosa County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Okaloosa County is under $1,350.

What is the price of a cheap apartment in Okaloosa County?

The cheapest apartment in Okaloosa County is Spring Creek Apartments which is listed at $1,042, while the average apartment in Okaloosa County costs $2,092.

What types of apartments are the cheapest in Okaloosa County?

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 7 regular apartments in Okaloosa County 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 Okaloosa County?

Cheap apartments in Okaloosa County have an average cost of $627 which is $1,465 cheaper than the average rent for all rentals in Okaloosa County.

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

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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.

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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.