M.H.
Hi D.,
I'm actually in SRB right now! Our favorite place to go....
It depends on what your looking for. We usually camp at Grayton Beach state park but they also have 2 bedroom duplex cabins for $110.00 a night. That's cheap for this area. Full kitchen and beach access as well as entrance to all the state park activities. If you are looking for something specific, Julie is right about VRBO.com. With the economy the way it is right now, you can probably dicker and get the price down of something you're interested in. Seaside is a favorite haunt of ours with the community activities and the high end shops and restaurants. Watercolor is the next community over that has beautiful homes and a gorgeous pool on the beach.
We took the easy and quick way this trip and used priceline.com and bid for a 3 star hotel in the Destin area and are staying at the Residence Inn Marriott at Grand Boulevard/Sandestin. There's only one or two hotels on the entire SRB beach so a home or condo is your best bet unless you want to venture toward Destin.
En joy your vacation!
M.