Search for condos for rent in Okaloosa Island, FL on Apartments.com. With 0 available, you can find the right condo with the floor plan and amenities that fit your needs. When you rent a condo, you’ll likely rent from an individual owner rather than a property management company. This means units in the same building may have different features and layouts. Be sure to check out the photos and take a tour of the unit as you search for your Okaloosa Island home. There are some terrific Okaloosa Island neighborhoods with condos for rent, including Santa Rosa Island, Sea Breeze and Seabreeze East. If you’re looking for a budget-friendly condo to rent, try looking in affordable nearby cities like Mary Esther, Fort Walton Beach and Ocean City.