Zumper
modified
15 Hours Ago

Highlights

  • Spacious bedrooms
  • Large kitchen
  • Oversized closets
  • Tranquil courtyard
  • Open floor plan
  • Fully equipped kitchen

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 offers an excellent balance of price and value, earning top-tier Zumper ratings for overall quality, amenities, and location, along with a solid trustworthiness score. Spacious bedrooms, oversized closets, open floor plans, and fully equipped kitchens complement a tranquil courtyard and outdoor spaces, while strong value-for-money metrics and convenient access to highly rated nearby schools enhance everyday living. The community is also well-suited to pet owners, with multiple nearby pet services and pet-friendly outdoor areas.

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

8.8
Very Good
With a solid 8.8 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 Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • High school nearby
  • More space

Great for

  • Pet owners

Floor plans

1BD/ 1 BATH1 bed1 bath535 sqft$1,125 /mo3 units 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 and Water and Pest control is included in your rent . Bay Community Management 850 226 1496 ****
2BD/1BATH WD2 bed1 bath886 sqft$1,225 /mo1 unit available2 Bedroom 1 Bath downstairs at Teresa Village A spacious floor plan with a fully equipped kitchen over looking the living area . The kitchen has a walk in pantry and has a sliding door going off to the breezeway . This apartment has a washer and dryer connection and a screened in patio. This one will not last long at Teresa Village a 55 and Older Community , Call today to reserve this one. We offer an on line resident portal for your convenience to pay your rent on line and submit your work orders . Bay Community Management 80 226 1496 ****
2BD/ 1 BA2 bed1 bath886 sqft$1,225 /mo8 units availableThis is a beautiful 2-Bedroom 1-Bath upstairs unit. The bedrooms are spacious, and the closets are oversized in both bedrooms. The guest bedroom has a balcony & the kitchen has an open floor plan with plenty of cabinets and a walk-in pantry. The kitchen has a sliding door and is spacious for family gatherings. Teresa Village Apartments is located close to banks, hospitals, shopping, restaurants, beaches and so much more. Come enjoy the comfort and convenience of living at Teresa Village in our 55 and older Community with a great location. We offer your own on- line resident portal to pay rent and submit maintenance requests to make living at Teresa Village that much easier for you! Call today 850.226.1496! Bay Community Management ****
3BR/2.0BA3 bed2 bath1,500 sqft$1,850 /mo1 unit availableAn adorable 3-bedroom/ 2-bath spacious home with a fenced in yard with lawn care included in the rent. Fully equipped kitchen and extra room added on for an office or Sunroom . This home has a washer and dryer connection . Large kitchen and large bedrooms with extra closet space . This home has a carport and a beautiful landscaped yard .The yard is maintained by Bay Community Management . Great Location! This home is located on James Lee Road in Fort Walton Beach. Walking distance to shopping, banks, cafes, and also located near hospitals and so much more. Bay Community Management **** 850.226.1496

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Amenities for MER-Teresa Village Apartments

Apartment Amenities

TrashWater

Appliances

DishwasherMicrowave
RangeRefrigerator
Stove

Building

Community CenterDogs OK
Game RoomGym
LibraryOnsite Laundry
Sewer

Grounds

Designated ParkingOff Leash Dog Park
Swimming Pool

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

2 Bedroom 1 Bath downstairs at Teresa Village A spacious floor plan with a fully equipped kitchen over looking the living area . The kitchen has a walk in pantry and has a sliding door going off to the breezeway . This apartment has a washer and dryer connection and a screened in patio. This one will not last long at Teresa Village a 55 and Older Community , Call today to reserve this one. We offer an on line resident portal for your convenience to pay your rent on line and submit your work orders . Bay Community Management 80 226 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.
8.8
/10
Very Good
With a solid 8.8 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 Price— so you can be assured your rent will come with a high standard of living.
How we rated MER-Teresa Village Apartments
Price·10A 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.
MER-Teresa Village Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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

  • Outdoor spaces are available at this property
  • 4 pet supply stores near the property
  • 2 pet hospitals in the area
  • 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 2-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 1 mile away
More space
The 1-bedroom is 126 sqft larger than other listings nearby
Middle school nearby
There is a middle school 1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
The 3-bedroom is 100 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Fort Walton Beach

1-bedroom apartments here are priced 25% 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.

3-bedroom apartments at MER-Teresa Village Apartments cost about 10% less than the average rent price for 3-bedroom apartments in Fort Walton Beach.

Median rents as of Apr 18 2026.
Fort Walton Beach
A table of studio rental data trends in Fort Walton Beach
MonthMedian Rent
May 2024$1,400
June 2024$1,400
July 2024$1,285
August 2024$1,156
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

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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