
Cheap Apartments for Rent near Pensacola Beach, FL from $899 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Pensacola Beach.


Chapins Landing

Marina Sol

Alabaster Gardens - 55+ Community

Bay Oaks Condominiums I

Arbor Club

Ember Ridge Apartments

Courtyard Apartments at Cordova
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Acasa Cordova Regency

Acasa Crestview at Cordova

Myrtle Grove Villas

Ashley Club

Jamestown Estates

The Flats at Ninth Ave

Crystal Lake

Hunters Pointe
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Sandalwood Apartments

Thrive on 9th

Sterling Hills

Woodcliff

Tanglewood

The Fairpointe at Gulf Breeze

Total Monthly Price
The Reserve Apartments

Solis at Gulf Breeze
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Breeze Apartments

Azalea Bay Apartments

Total Monthly Price
Southtowne Apartments

Total Monthly Price
Greystone Summit Gulf Breeze

Brookview at Navarre Sound

512 Paulding Ave

320 N Barcelona St

217 W Belmont St
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.

The Laurel

215 W Belmont St

Marina Villas

The Ascend at Pensacola Bay

The Overlook at Pensacola Bay

The Presidio

2810 Villa Woods Cir

3389 Green Briar Cir
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.

3356 La Leyenda Ct

3276 Maplewood Dr
Pensacola Beach, FL Local Guide

How much does it cost to rent an apartment in Pensacola Beach?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pensacola Beach Studio Apartments | $1,676 | $994 | $1,921 |
| Pensacola Beach 1 Bedroom Apartments | $1,523 | $899 | $2,242 |
| Pensacola Beach 2 Bedroom Apartments | $1,699 | $1,050 | $3,046 |
| Pensacola Beach 3 Bedroom Apartments | $2,215 | $1,199 | $3,788 |
| Pensacola Beach 4 Bedroom Apartments | $1,900 | $1,900 | $1,900 |
Browse Top Apartments in Pensacola Beach
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Pensacola Beach, FL Local Guide
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Cheapest Available Pensacola Beach Apartments for Rent and Nearby
 The cheapest available apartment rental in Pensacola Beach, FL is a 1 Bed unit found at Marina Sol in the Southwest Pensacola neighborhood priced from $999. Alabaster Gardens - 55+ Community in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,002. Here is today’s list of the most affordable Pensacola Beach apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marina Sol | 1x1 | 1BR, 1BA | $999 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR, 1BA | $1,002 |
| Bay Oaks Condominiums I | The Lagoon Upgraded | 1BR, 1BA | $1,015 |
| Willowbrook | 2x1 | 2BR, 1BA | $1,050 |
| Ember Ridge Apartments | 1x1 Bearcat | 1BR, 1BA | $1,099 |
| Arbor Club | 1x1 Upgrade | 1BR, 1BA | $1,131 |
| Acasa Crestview at Cordova | 1 Bed 1 Bath | 1BR, 1BA | $1,150 |
| Acasa Cordova Regency | 1 B | 1BR, 1BA | $1,150 |
| Myrtle Grove Villas | 2 Bed 1 Bath | 2BR, 1BA | $1,150 |
| The Ascend at Pensacola Bay | A1 | 1BR, 1BA | $1,199 |
Best Value Apartments for Rent in Pensacola Beach, FL and Nearby
As of September 19, 2026 the best value apartment in the Pensacola Beach area is the $1.38 price per square foot 3 Bedroom Palm A Model at Indigo Townhomes in the Gulf Breeze neighborhood starting from $2,150. The second greatest value Pensacola Beach apartment is the Waverly - Renovated Model at Crystal Lake in the Southwest Pensacola neighborhood starting at $1,484 with a $1.51 price per square foot. Here is today’s list of the best values for Pensacola Beach apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Indigo Townhomes | 3 Bedroom Palm A | 3BR, 2.5BA | $1.38 |
| Crystal Lake | Waverly - Renovated | 2BR, 2BA | $1.51 |
| The Flats at Ninth Ave | 2 Bedroom 2 Bath | 2BR, 2BA | $1.41 |
| Myrtle Grove Villas | 2 Bed 1 Bath | 2BR, 1BA | $1.35 |
| The Overlook at Pensacola Bay | B1 | 2BR, 1BA | $1.51 |
| Marina Sol | 1x1 | 1BR, 1BA | $1.28 |
| Acasa Cordova Regency | 1 B | 1BR, 1BA | $1.48 |
| Courtyard Apartments at Cordova | One Bedroom | 1BR, 1BA | $1.44 |
| Acasa Crestview at Cordova | 1 Bed 1 Bath | 1BR, 1BA | $1.53 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR, 1BA | $1.52 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
Explore Pensacola Beach, FL Rentals by Map
See the most popular apartments and homes in Pensacola Beach, FL
Frequently Asked Questions about Cheap Pensacola Beach Apartments
How much is rent for a Cheap One Bedroom Pensacola Beach Apartment?
The lowest price for a Cheap One Bedroom Pensacola Beach Apartment is $999 at Marina Sol.
What is the lowest price for a Cheap Two Bedroom Pensacola Beach Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pensacola Beach is starting from $1,050 at Willowbrook.
What is the most affordable Pensacola Beach Three Bedroom Apartment?
The best deal on a cheap Pensacola Beach Three Bedroom Apartment rental is at Marina Sol and starts from $1,199.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.