
Cheap Apartments for Rent in Okaloosa County, FL from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Okaloosa County.


Falcon House

Heather Glenn

Addison Place Apartments
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Okaloosa County, FL Local Guide

How much does it cost to rent an apartment in Okaloosa County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Okaloosa County Studio Apartments | $1,709 | $827 | $3,177 |
Okaloosa County 1 Bedroom Apartments | $1,668 | $982 | $2,898 |
Okaloosa County 2 Bedroom Apartments | $1,948 | $1,125 | $6,440 |
Okaloosa County 3 Bedroom Apartments | $2,121 | $555 | $7,112 |
Okaloosa County 4 Bedroom Apartments | $2,036 | $1,515 | $2,539 |
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Arbours at Crestveiw | 3BR | 3BR,2BA | $555 |
Spring Creek Apartments | A1 | 1BR,1BA | $1,042 |
Riverwood Apartment Homes | Laurel | 1BR,1BA | $1,155 |
Pinnacle Pointe Apartments | Fuji | 1BR,1BA | $1,209 |
Solis at Niceville | 1x1 Renovated | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Keystone Townhomes | 3 bedroom | 3BR,2.5BA | $1.25 |
SoundSide Apartments | Three Bedroom | 3BR,2BA | $1.44 |
Arbours at Crestveiw | 2BR | 2BR,2BA | $0.90 |
Estates at Palm Bay | B1 | 2BR,1.5BA | $1.57 |
Emerald Shores | B1 | 2BR,2BA | $1.57 |
The Cordelia | B1.1.5T | 2BR,1.5BA | $1.58 |
The Waters At Redstone | The Aviator | 1BR,1BA | $1.55 |
Pinnacle Pointe Apartments | Fuji | 1BR,1BA | $1.46 |
Riverwood Apartment Homes | Laurel | 1BR,1BA | $1.52 |
Spring Creek Apartments | A1 | 1BR,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.

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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Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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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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.