Cheap Homes for Rent in Okaloosa County, FL from $700 (99 Rentals)

Cheap Homes in Okaloosa County.

Navigating the Rental Market: Tips for First-Time Renters

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46 Wright Pkwy NW, Unit #2 townhome

46 Wright Pkwy NW

Fort Walton BeachFL32548

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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768 Majestic Dr

CrestviewFL32536

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Okaloosa County, FL Local Guide

Train tracks by Ricardo's Photography (Thanks to all the fans!!!) is licensed under CC BY 2.0

How much does it cost to rent a home in Okaloosa County?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Okaloosa County 2 Bedroom Homes for Rent	$1,722	$1,100	$2,795
Okaloosa County 3 Bedroom Homes for Rent	$2,178	$1,150	$5,150
Okaloosa County 4 Bedroom Homes for Rent	$2,591	$1,650	$6,000
Okaloosa County 5 Bedroom Homes for Rent	$2,826	$700	$6,650
Okaloosa County 6 Bedroom Homes for Rent	$8,125	$4,300	$10,000+

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Cheapest Available Okaloosa County Apartments for Rent

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at Princeton Grove in the Shoal River Ranch neighborhood priced from $1,038. The Waters At Redstone in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,147. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment Listing	Model Name	Bed/Bath	Priced From
Princeton Grove	1 Bedroom	1BR,1BA	$1,038
The Waters At Redstone	The Aviator	1BR,1BA	$1,147
Riverwood Apartment Homes	Laurel	1BR,1BA	$1,155
Pinnacle Pointe Apartments	Fuji	1BR,1BA	$1,209
Bel Aire Terrace	A1	1BR,1BA	$1,241
Jaymar Apartments	1 bedroom, 1 bath	1BR,1BA	$1,250
Solis at Niceville	1x1 Renovated	1BR,1BA	$1,250
Spring Creek Apartments	A1	1BR,1BA	$1,270
Colony House Apartments	Holly	1BR,1BA	$1,295
Exchange at Crestview	A1	1BR,1BA	$1,295

Best Value Apartments for Rent in Okaloosa County, FL

As of May 04, 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 B1 Model at Estates at Palm Bay starting at $1,938 with a $1.57 price per square foot in the Sylvania Heights 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
Estates at Palm Bay	B1	2BR,1.5BA	$1.57
The Cordelia	B1.1.5T	2BR,1.5BA	$1.58
1002 Holton Ave, Unit Shalimar Rentaals	1002 Holton Ave	2BR,1BA	$1.25
Emerald Shores	B1	2BR,2BA	$1.36
The Waters At Redstone	The Falcon	1BR,1BA	$1.52
Pinnacle Pointe Apartments	Fuji	1BR,1BA	$1.46
Riverwood Apartment Homes	Laurel	1BR,1BA	$1.52
Bel Aire Terrace	A1	1BR,1BA	$1.72
Princeton Grove	1 Bedroom	1BR,1BA	$1.59

Frequently Asked Questions about Okaloosa County

What type of rentals are currently available in Okaloosa County?

There are currently 297 Apartments for Rent in Okaloosa County, FL with pricing that ranges from $827 to $7,112. There are also 501 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okaloosa County ranging from $700 to $11,950.

What is the current price range for Rental Homes in Okaloosa County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Okaloosa County ranges from $700 to $11,950 with an average monthly rent of $2,861.

How much are larger Three and Four Bedroom Rentals in Okaloosa County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Okaloosa County range from $1,359 to $7,112, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $5,150. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,515.

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.