127-133 Alder Ave

Apartment
2 beds
1 bath
1,031 sqft
Cats & dogs OK
W/D hookups

About 127-133 Alder Ave

2-Bedroom/ 1-Bath close to Downtown Fort Walton Beach. Lovely 2-bedroom/ 1-bath open floor plan with a large living area with the kitchen fully equipped overlooking the living room, with washer/dryer connection. The bedrooms are spacious and plenty of closet space. This location is near the Brooks Bridge and minutes to Downtown Fort Walton Beach and Okaloosa Island. Shopping and waterfront dining in walking distance. Bay Community Management.
141 days on RentalSource
RentalSource last checked: 10 hours ago · Listing updated: October 25, 2026
Managed by: Bay Community Management · (850) 226-1496
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $1,425
Bedrooms: 2 beds
Bathrooms: 1 bath
Size: 1,031 sqft
Pets: Cats & dogs
Laundry: Hookups
Parking: Inquire
Available: Now
ID: 83789203

Amenities

  • Washer/Dryer Hookups
  • Refrigerator
  • Waterfront Property

Leasing Information

Fees
  • Deposit $1,425 (mandatory, refundable, move-in).

Additional Details

This 2-bedroom, 1-bathroom apartment at 127-133 Alder Ave in Fort Walton Beach, FL 32548 rents for $1,425 a month. It has 1,031 square feet and is pet friendly. 127-133 Alder Ave was advertised by Bay Community Management on June 10, 2026.

How the Rent Compares

At $1,425 a month, this apartment is close to the typical rent for 2-bedroom apartments and condos in Fort Walton Beach (about $1,450).

From 27 two-bedroom apartments and condos listed in Fort Walton Beach on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,450Typical rent for 2-bedroom apartments and condos in Fort Walton Beach
$1,300–$1,580Middle half of their rents
45 daysAverage time they have been listed

See 2+ bedroom rentals in Fort Walton Beach

Rent History

The rent has dropped from $1,500 to $1,425 since May. This home was last listed for rent on RentalSource from January to March 2025, ending at $1,500. Today's rent is $75 lower.

Rent history for this home, newest first
DateEventRentChange
October 22, 2026 Price change $1,425−5.0% −5.0%
March 5, 2025 Listing removed $1,500
November 12, 2024 Listing removed $1,500
August 29, 2024 Listed for rent $1,500
April 6, 2024 Listing removed $1,500
November 27, 2023 Listing removed $1,500

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 127-133 Alder Ave?
Bedrooms
2 bedrooms
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$57,000 /year
With your chosen rent-to-income ratio, an annual income of $57,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,425 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$1,425
Rent reduced $75 on October 22
Deposit $1,425 · All fees
Interested in 127-133 Alder Ave?
Find out more about this property & see if it's available now.
Property managed by:
(850) 226-1496 · View all 19 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
127-133 Alder Ave, Fort Walton Beach, FL 32548
Apartment for rent
$1,425
Rent reduced $75 on October 22
Deposit $1,425 · All fees
Interested in 127-133 Alder Ave?
Find out more about this property & see if it's available now.
Property managed by:
(850) 226-1496 · View all 19 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
$1,425
Apartment for rent
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127-133 Alder Ave, Fort Walton Beach, FL 32548 - Apartment for Rent - Image 1
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127-133 Alder Ave, Fort Walton Beach, FL 32548 - Apartment for Rent - Image 9
127-133 Alder Ave, Fort Walton Beach, FL 32548 - Apartment for Rent - Image 10

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127-133 Alder Ave, Fort Walton Beach, FL 32548 - Apartment for Rent

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