Cheap Apartments for Rent in 32547
151 rentals
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Use arrow keys to navigate$1,125 - $1,850/mo
1-3 Beds
1-2 BathsMER-Teresa Village Apartments | 321 Woodrow St NE #340-04,
Fort Walton Beach, FL 32547
PET FRIENDLY
SPECIAL OFFER$1,260 - $1,819/mo1-2 Beds1-2 BathsCoastline Apartments | 214 Racetrack Rd #244,
Fort Walton Beach, FL 32547
PET FRIENDLY$1,268 - $1,675/mo1-3 Beds1-2 BathsThe Greens on 5th Apartments | 5 Mooney Rd NE #1B-1Ba-750Sqft,
Fort Walton Beach, FL 32547
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PET FRIENDLY$1,295 - $1,495/mo2 Beds1-2 BathsBradford Place Apartments | 2800 Bradford Pl #2805-2,
Fort Walton Beach, FL 32547
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NEW - 2 DAYS AGO
PET FRIENDLY$1,374 - $1,624/mo1-2 Beds1-2 BathsElevate at 604 West Apartments | 604 Colonial Dr #1B-1Ba-678Sqft,
Fort Walton Beach, FL 32547
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Average Rent Trends in 32547
Rent in 32547 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,828 |
| Jul 2025 | $1,850 |
| Aug 2025 | $1,742 |
| Sep 2025 | $1,805 |
| Oct 2025 | $1,804 |
| Nov 2025 | $1,750 |
| Dec 2025 | $1,778 |
| Jan 2026 | $1,750 |
| Feb 2026 | $1,650 |
| Mar 2026 | $1,700 |
| Apr 2026 | $1,800 |
| May 2026 | $1,750 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,268 | $1,575 | $2,025 | $2,999 | $1,700 |
| Townhomes | — | $1,650 | $2,000 | $3,100 | $1,700 |
| Apartments and Condos | $1,350 | $1,395 | $2,050 | $2,000 | $1,500 |
| Houses | $600 | $1,600 | $2,000 | $2,999 | $2,075 |
Frequently Asked Questions about Rentals in 32547
- What is the average rent of an apartment in 32547?The average rent of an apartment in 32547 is $1,363 per month. This is about 29% lower than the national average.
- What is the average rent of a house in 32547?The average rent of a house in 32547 is $2,075 per month. This is about 8% higher than the national average.
- What is the average rent of a townhome in 32547?The average rent of a townhome in 32547 is $1,700 per month. This is about 12% lower than the national average.
- When is the average rent cheapest in 32547?In the last year, the average rent in 32547 was lowest in Aug 2025 when it was $1,742 per month.
- When is the average rent most expensive in 32547?In the last year, the average rent in 32547 was highest in May 2025 when it was $1,850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 32547?The average rent of a 1 bedroom apartment in 32547 is $1,268 per month. That is about $31 less than the cost of a studio apartment.
- How many available rental listings are in 32547?There are 163 available rental listings in 32547.
- What are some cities near 32547?Some nearby cities include: Eglin AFB, Mary Esther, Fort Walton Beach, Shalimar, Valparaiso, Navarre. These cities may have more rental options to explore.