
Cheap Homes for Rent in Myrtle Grove, FL from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Myrtle Grove.


1 Ellis Dr

205 Holmes Dr

205 Holmes Drive C

2 Ellis Dr

5020 Lillian Hwy
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

606 Elizabeth St

7318 Hayward Ave

3903 W Gadsden St

4 Ellis Dr

1114 N 48th Ave

6366 W Fairfield Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

6346 W Fairfield Dr

852 Garnet St

89 S Garfield Dr

622 W Sunset Ave

612 Rentz Ave

718 Mills Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Myrtle Grove, FL Local Guide

How much does it cost to rent a home in Myrtle Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Myrtle Grove 2 Bedroom Homes for Rent | $1,151 | $895 | $1,400 |
| Myrtle Grove 3 Bedroom Homes for Rent | $1,681 | $1,150 | $2,250 |
| Myrtle Grove 4 Bedroom Homes for Rent | $2,191 | $2,000 | $2,300 |
| Myrtle Grove 5 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
Browse Top Homes for Rent in Myrtle Grove
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Myrtle Grove, FL Local Guide
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Cheapest Available Myrtle Grove Apartments for Rent and Nearby
 The cheapest available apartment rental in Myrtle Grove, FL is a Studio unit found at West Park Village in the Southwest Pensacola neighborhood priced from $850. Willowbrook in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Myrtle Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| West Park Village | Studio | Studio,1BA | $850 |
| Willowbrook | 1x1 | 1BR,1BA | $899 |
| Acasa Cordova Regency | 1 B | 1BR,1BA | $940 |
| Lillian Square Apartments | 1 Bedroom | 1BR,1BA | $950 |
| The Pines at Warrington | Two Bedroom Two Bath | 2BR,2BA | $975 |
Best Value Apartments for Rent in Myrtle Grove, FL and Nearby
As of June 28, 2026 the best value apartment in the Myrtle Grove area is the $1.20 price per square foot 3x2 Model at Marina SOL in the in the Southwest Pensacola neighborhood starting from $1,499. The second greatest value Myrtle Grove apartment is the 2/2 Model at Village At Southern Oaks starting at $1,300 with a $1.13 price per square foot in the Northwest Pensacola neighborhood. Here is today’s list of the best values for Myrtle Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Marina SOL | 3x2 | 3BR,2BA | $1.20 |
| Village At Southern Oaks | 2/2 | 2BR,2BA | $1.13 |
| Marcus Pointe Grande Apartment Homes | Caledonia | 2BR,1BA | $1.36 |
| Sterling Hills | 2 Bedroom/1 Bathroom- Gold | 2BR,1BA | $1.43 |
| The Pines at Warrington | Two Bedroom Two Bath | 2BR,2BA | $0.94 |
| Carriage Hills Apartments | 2x1.5 | 2BR,1.5BA | $1.35 |
| Lillian Square Apartments | 2 Bedroom | 2BR,1BA | $1.41 |
| Acasa Cordova Regency | 1 B | 1BR,1BA | $1.21 |
| The Landings at Tiger Lily | SPAZ | 1BR,1BA | $1.34 |
| Willowbrook | 1x1 | 1BR,1BA | $1.21 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Myrtle Grove
What type of rentals are currently available in Myrtle Grove?
There are currently 67 Apartments for Rent in Myrtle Grove, FL with pricing that ranges from $899 to $5,411. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Myrtle Grove ranging from $700 to $2,300.
What is the current price range for Rental Homes in Myrtle Grove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Myrtle Grove ranges from $700 to $2,300 with an average monthly rent of $1,376.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.