Zumper
modified
Updated 5+ Days Ago

Highlights

  • Tranquil courtyard
  • Fully equipped kitchen
  • Oversized closet
  • Storage
  • Beautiful courtyard
  • Outside balcony

Location

321 Woodrow St Ne, Fort Walton Beach, FL 32547, USA
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Contact

Management

Bay Community Management LLC

Leasing office

(850) 226-1496

Property Overview

MER-Teresa Village Apartments earns a strong 8.2 out of 10, supported by standout amenities, a convenient location, and solid value for the price. Notable features include a tranquil and beautiful courtyard, a fully equipped kitchen, oversized closet, storage, and an outside balcony. It is also a good fit for pet friendliness, with nearby pet supply stores, grooming, and veterinary care.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.2
Very Good
With a solid 8.2 out of 10 overall, MER-Teresa Village Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, MER-Teresa Village Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space
  • High school nearby

Great for

  • Pet owners

Floor plans

1BD/ 1 BATH1 bed1 bath535 sqft$1,125 /mo1 unit availableThis is a 1 bedroom 1 bath adorable apartment. The kitchen is fully equipped and has plenty of cabinets and is super cute. The living room has a sliding door going off to a balcony overlooking our beautiful courtyard. The apartment is upstairs and is for 55 and older. The bedroom is large and has a oversized closet with plenty of storage. The outside balcony has a storage also and the balcony is perfect for early morning coffee or just enjoying the view of our tranquil courtyard. You can reserve this one today. This one will not last long at Teresa Village. Basic Cable, Water and Pest Control is included in your rent. Bay Community Management 850 226 1496 ****
2BD/ 1 BA2 bed1 bath886 sqft$1,225 /mo2 units availableBeautiful 2-Bedroom/ 1-Bath overlooking our beautiful courtyard. Teresa Village is affordable and minutes to shopping, cafe's, banks and hospitals. This apartment has a large kitchen area with many cabinets for space and a walk-in kitchen pantry, along with large closets, spacious bedrooms and a fully equipped kitchen. The master bedroom has a balcony overlooking our tranquil courtyard with palms. You will have a designated parking space for your vehicle, and your own resident on-line portal to pay your rent each month, manage your own maintenance requests and 24/7 resident services to make sure our residents needs are met. Call Tonya today and complete an application! Bay Community Management 850 226 1496 ****

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Amenities for MER-Teresa Village Apartments

Apartment Amenities

Water

Appliances

RangeRefrigerator
Stove

Building

Dogs OKOnsite Laundry

Grounds

Designated ParkingOff Leash Dog Park

Services

Pest Control

Other

Sewer and Trash
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Not allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units120
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About MER-Teresa Village Apartments

HomeApartments in Fort Walton Beach MER-Teresa Village Apartments

Beautiful 2-Bedroom/ 1-Bath overlooking our beautiful courtyard. Teresa Village is affordable and minutes to shopping, cafe's, banks and hospitals. This apartment has a large kitchen area with many cabinets for space and a walk-in kitchen pantry, along with large closets, spacious bedrooms and a fully equipped kitchen. The master bedroom has a balcony overlooking our tranquil courtyard with palms. You will have a designated parking space for your vehicle, and your own resident on-line portal to pay your rent each month, manage your own maintenance requests and 24/7 resident services to make sure our residents needs are met. Call Tonya today and complete an application! Bay Community Management 850 226 1496 ****


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.2
/10
Very Good
With a solid 8.2 out of 10 overall, MER-Teresa Village Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, MER-Teresa Village Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated MER-Teresa Village Apartments
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, MER-Teresa Village Apartments is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
MER-Teresa Village Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—dogs allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
MER-Teresa Village Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While MER-Teresa Village Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
MER-Teresa Village Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

MER-Teresa Village Apartments is great for:

Pet owners

  • 2 pet hospitals in the area
  • 3 pet supply stores near the property
  • 1 pet grooming service nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How MER-Teresa Village Apartments compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 1-bedroom is 132 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

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Rent trends in Fort Walton Beach

1-bedroom apartments here are priced 17% lower than 1-bedrooms in Fort Walton Beach.

If you decide to upgrade your space, you can expect 2-bedrooms at MER-Teresa Village Apartments to be 23% less than the average for similarly sized apartments in Fort Walton Beach.

Median rents as of Jul 25 2026.
Fort Walton Beach
A table of studio rental data trends in Fort Walton Beach
MonthMedian Rent
August 2024$1,133
September 2024$1,095
October 2024$1,095
November 2024$1,095
December 2024$1,095
January 2025$1,095
February 2025$1,095
March 2025$1,128
April 2025$1,128
May 2025$1,172
June 2025$1,204
July 2025$1,173
August 2025$1,261
September 2025$1,217
October 2025$1,219
November 2025$2,169
December 2025$2,325
January 2026$2,143
February 2026$2,044
March 2026$2,509
April 2026$2,500
May 2026$2,416
June 2026$2,500
July 2026$2,375

Affordability calculator

Can I afford to live at 321 Woodrow St Ne?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$45,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $45,000 annually to afford this 1-bedroom monthly rent price of $1,125.
For more information on rent affordability, visit our rent calculator.

Schools near MER-Teresa Village Apartments

Silver Sands School

349 holmes blvd nw

fort walton beach, FL, 32548

PK, K-12Public

Longwood Elementary School

50 holly ave

shalimar, FL, 32579

PK, K-5Public
B-

Okaloosa Virtual Instruction Program

202a hwy 85 n

niceville, FL, 32578

K-12Public

Northwest Florida Ballet Academie

310 perry ave se

fort walton beach, FL, 32548

3-9Public
A-

Okaloosa STEMM Academy

379 edge ave

valparaiso, FL, 32580

PK, 6-8Public
A
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Internet available near MER-Teresa Village Apartments

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Fort Walton Beach near 321 Woodrow St Ne

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 321 Woodrow St Ne, Fort Walton Beach

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

1/10
Few or no bars within walking distance

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