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Cheap Apartments for Rent in Lake Lorraine FL - 19 Rentals

80 4th Ave

80 4th Ave, Shalimar, FL 32579
1 / 5
$1,095

1 Bed, 1 Bath
33 5th Ave

33 5th Ave, Shalimar, FL 32579
1 / 11
$1,475

2 Beds, 2 Baths
35 10th St

35 10th St, Shalimar, FL 32579
1 / 5
$1,495

2 Beds, 1.5 Baths
101 Old Ferry Rd Unit 5B

101 Old Ferry Rd Unit 5B, Shalimar, FL 32579
1 / 5
$1,500

2 Beds, 1 Bath
101 Old Ferry Rd

101 Old Ferry Rd, Shalimar, FL 32579
1 / 5
$1,500

1 Bed, 1 Bath
145 4th Ave

145 4th Ave, Shalimar, FL 32579
1 / 5
$1,750

2 Beds, 1.5 Baths
38 5th St

38 5th St, Shalimar, FL 32579
1 / 5
$1,750

3 Beds, 2 Baths
40 11th St

40 11th St, Shalimar, FL 32579
1 / 5
$1,800

2 Beds, 2.5 Baths
71 7th St

71 7th St, Shalimar, FL 32579
1 / 5
$1,975

2 Beds, 1.5 Baths
853 Ashland Ct

853 Ashland Ct, Shalimar, FL 32579
1 / 5
$1,995

3 Beds, 2.5 Baths
116 4th Ave

116 4th Ave, Shalimar, FL 32579
1 / 5
$2,195

3 Beds, 2.5 Baths
116 4th Ave

116 4th Ave, Shalimar, FL 32579
1 / 5
$2,195

3 Beds, 2.5 Baths
810 Boulevard of the Champions

810 Boulevard of the Champions, Shalimar, FL 32579
1 / 5
$2,300

4 Beds, 2.5 Baths
37 3rd St

37 3rd St, Shalimar, FL 32579
1 / 5
$2,400

4 Beds, 2 Baths
919 Shalimar Point Dr

919 Shalimar Point Dr, Shalimar, FL 32579
1 / 5
$2,595

3 Beds, 2 Baths
62 Meigs Dr

62 Meigs Dr, Shalimar, FL 32579
1 / 5
$2,750

3 Beds, 2 Baths
49 9th Ave

49 9th Ave, Shalimar, FL 32579
1 / 5
$3,000

3 Beds, 2.5 Baths
865 Brande Ct

865 Brande Ct, Shalimar, FL 32579
1 / 5
$3,195

4 Beds, 2.5 Baths
75 Sunrise Dr

75 Sunrise Dr, Shalimar, FL 32579
1 / 5
$3,500

4 Beds, 3 Baths

Florida Okaloosa County Lake Lorraine

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Lake Lorraine, FL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Lake Lorraine. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. On the other hand, if space, community amenities, or newer appliances matter more, you may want to expand your search farther from Lake Lorraine hot spots to find more affordable options.

Tips for Finding Cheap Apartments in Lake Lorraine FL

Rent prices in Lake Lorraine tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Lake Lorraine FL

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically cheaper during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price.

Cheap apartments in Lake Lorraine tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.