Looking for a cheap apartment for rent in Bay County, FL? With RENTCafé, finding an affordable apartment in Bay County, FL has never been easier. We feature 1 low-priced rental directly from property managers, with rents lower than the Bay County, FL average. What is a cheap rent in Bay County, FL? The average apartment rent in Bay County is $1,062 per month so any rental south of $850 would be considered cheap here. Size matters though, so if you are in a market for a studio, expect to pay around $411 per month. If you’re looking to upgrade to a 1-bedroom apartment you’ll pay around $645, while a cheap 2-bedroom apartment will cost you about $742 per month.