
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
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 | $1,600 | $827 | $3,177 |
Okaloosa County 1 Bedroom Apartments | $1,695 | $982 | $2,640 |
Okaloosa County 2 Bedroom Apartments | $1,952 | $480 | $5,190 |
Okaloosa County 3 Bedroom Apartments | $2,131 | $555 | $7,112 |
Okaloosa County 4 Bedroom Apartments | $2,176 | $1,515 | $2,568 |
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Cheapest Available Okaloosa County Apartments for Rent
 The cheapest available apartment rental in Okaloosa County, FL is a 2 Beds unit found at Arbours at Crestveiw in the Shoal River Ranch neighborhood priced from $480. Spring Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,124. 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 | 2BR | 2BR,2BA | $480 |
Spring Creek Apartments | A1 | 1BR,1BA | $1,124 |
Bel Aire Terrace | A1 | 1BR,1BA | $1,159 |
Pinnacle Pointe Apartments | Fuji | 1BR,1BA | $1,209 |
Coastline by ARIUM | Caneel | 1BR,1BA | $1,214 |
Best Value Apartments for Rent in Okaloosa County, FL
As of April 06, 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 | 3BR | 3BR,2BA | $0.41 |
Addison Place Apartments | Three Bedroom | 3BR,2BA | $1.08 |
Estates at Palm Bay | B1 | 2BR,1.5BA | $1.42 |
Emerald Shores | B1 | 2BR,2BA | $1.57 |
The Cordelia | B1.1.5T | 2BR,1.5BA | $1.58 |
Pinnacle Pointe Apartments | Fuji | 1BR,1BA | $1.46 |
Riverwood Apartment Homes | Laurel | 1BR,1BA | $1.61 |
Bel Aire Terrace | A1 | 1BR,1BA | $1.61 |
Frequently Asked Questions about Cheap Okaloosa County Apartments
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 $1,124, while the average apartment in Okaloosa County costs $2,218.
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 15 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 $426 which is $1,792 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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.