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$926 - $1,4001 to 3 Bedroom Apartments Available Now
Stoddert Place
150 Tiger Lily DrPensacola, FL 32506
Cheap Apartments for Rent in Pensacola, FL from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Pensacola.
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$992 - $1,821Studio to 3 Bedroom Apartments Available Now
Chapins Landing
711 Underwood AvePensacola, FL 32504
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Rent Specials
$999 - $1,3001 to 2 Bedroom Apartments Available Now
WillowBrook Apartments
4600 Twin Oaks DrPensacola, FL 32506
7758 Kipling St
PensacolaFL32514
1020 Sable Dr
PensacolaFL32514
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$1,025 - $1,6001 to 3 Bedroom Apartments Available Now
Sandstones Apartments
190 N Old Corry Field RdPensacola, FL 32507
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$1,031 - $1,2331 to 2 Bedroom Apartments Available Now
Alabaster Gardens - 55+ Community
929 Massachusetts AvePensacola, FL 32505
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$1,049 - $1,3891 to 2 Bedroom Apartments Available Aug 11
Ember Ridge Apartments
4710 Prieto DrPensacola, FL 32506
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,075 - $1,4251 to 2 Bedroom Apartments Available Now
Northwoods (C.H.A.M.)
4051 E Olive RdPensacola, FL 32514
6354 W Fairfield Dr
PensacolaFL32506
50 Fulton Ave
PensacolaFL32503
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$1,099 - $1,2991 to 2 Bedroom Apartments Available Now
The Papillon
7270 Hilburn RdPensacola, FL 32504
720 Tumbleweed Trail
PensacolaFL32534
151 Boone St
PensacolaFL32505
6880 W Fairfield Dr
PensacolaFL32506
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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1 to 4 Bedroom Apartments
The Fountains Apartments - Phase I & II
9975 University PkyPensacola, FL 32514
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Navigating 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.
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Showing Results 1-38, Page 1 of 1
Pensacola, FL Local Guide
How much does it cost to rent an apartment in Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Pensacola Studio Apartments | $1,711 | $992 | $4,019 |
| Cheap Pensacola 1 Bedroom Apartments | $1,570 | $926 | $5,400 |
| Cheap Pensacola 2 Bedroom Apartments | $1,692 | $884 | $3,363 |
| Cheap Pensacola 3 Bedroom Apartments | $2,073 | $785 | $3,392 |
| Cheap Pensacola 4 Bedroom Apartments | $2,250 | $600 | $3,100 |
Browse Top Apartments in Pensacola
See all Apartments in PensacolaExplore Pensacola
Pensacola, FL Local Guide
Written By:
Justin HabersaatEditing Staff
- Pensacola Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Pensacola, FL
Pricing Updated: 07/29/2025Current apartment rentals in the Pensacola, FL area range in price from $600 to $15,701 with an overall median price of $3,092. The three Pensacola neighborhoods with the lowest median rent pricing are Travis Park Hunters Lake at $600, Ferry Pass at $600, and Southeast Pensacola at $992. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Pensacola Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Travis Park Hunters Lake | $1,536 | $600 | 19 |
| Ferry Pass | $1,749 | $600 | 199 |
| Southeast Pensacola | $1,762 | $992 | 47 |
| Airport NE Pensacola | $1,775 | $600 | 138 |
| Ensley N Central Pensacola | $1,815 | $769 | 207 |
| North Central Pensacola | $1,945 | $850 | 29 |
| Northeast Pensacola | $2,000 | $992 | 93 |
| West Pensacola | $2,100 | $1,325 | 3 |
| Ensley | $2,175 | $769 | 289 |
| Northwest Pensacola | $2,175 | $850 | 252 |
Cheapest Available Pensacola Apartments for Rent
The cheapest available apartment rental in Pensacola, FL is a 1 Bed unit found at Stoddert Place in the Southwest Pensacola neighborhood priced from $926. West Park Village in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Pensacola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stoddert Place | SPAZ | 1BR,1BA | $926 |
| West Park Village | 1 Bed 1 Bath | 1BR,1BA | $975 |
| WillowBrook Apartments | Cypress | 1BR,1BA | $999 |
| Sandstones Apartments | 1x1 | 1BR,1BA | $1,025 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $1,031 |
| Northwoods (C.H.A.M.) | 1br | 1BR,1BA | $1,075 |
| The Papillon | A1 | 1BR,1BA | $1,099 |
| Bay Oaks Condominiums I | The Lagoon Upgraded | 1BR,1BA | $1,109 |
| Courtyard Apartments at Cordova | One Bedroom | 1BR,1BA | $1,115 |
Best Value Apartments for Rent in Pensacola, FL
As of July 29, 2025 the best value apartment in the Pensacola area is the $1.14 price per square foot Delux Model at Legends at Pine Forest in the in the Northwest Pensacola neighborhood starting from $2,463. The second greatest value Pensacola apartment is the Pimento Model at Covey Homes Jennings Place starting at $2,105 with a $1.18 price per square foot in the Cantonement neighborhood. Here is today’s list of the best values for Pensacola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Legends at Pine Forest | Delux | 3BR,2BA | $1.14 |
| Covey Homes Jennings Place | Pimento | 4BR,2BA | $1.18 |
| Parkside Grand | 2x2 | 2BR,2BA | $1.03 |
| 2017 Wyatt Street - OFF CAMPUS HOUSING!!! | 3 Beds, 3.5 baths | 3BR,3.5BA | $0.51 |
| Village At Southern Oaks | 3/2 | 3BR,2BA | $1.05 |
| Majestic Oaks | C1 | 3BR,2BA | $1.19 |
| The Edge | C1 | 3BR,3BA | $0.80 |
| College Vue | 2BR/2BA - A | 2BR,2BA | $1.17 |
| Stoddert Place | SPAZ | 1BR,1BA | $1.20 |
| 702 W Hannah St, Unit 1 | 702 W Hannah St | 1BR,1BA | $1.21 |
Quick Rent Budget Calculator
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Pensacola Overview
In a seaport city that connects to the gorgeous Gulf of Mexico, Pensacola apartments are considered by many to be among some of the most desirable in all of the Florida panhandle region. Boasting the 'Whitest Sand Beaches in the World', this seaside hotspot effortlessly combines amenities and cultural relevance in equal measure.
Why live in Pensacola, FL?
Home to a number of scenic state parks, including the heralded Blue Lagoon Park, apartments in Pensacola have been on the rise in popularity for years. With a large number of retail and tourism-based jobs in the vicinity, this growing hot spot is a great place for families as well as young professionals to call home. From the excitement of the thriving downtown district to the quaint beach side shops and eateries that cater to the visitors, Pensacola is a gem of the Florida scene.
Pet Friendly LifestylePensacola, FL
Ranked #17
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Pensacola, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pensacola, FL Rentals by Map
See the most popular apartments and homes in Pensacola, FL
Getting Around Pensacola, FL
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
Transit Score®
9 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Pensacola Apartments
What is a cheap apartment in Pensacola?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pensacola is under $1,115.
What is the price of a cheap apartment in Pensacola?
The cheapest apartment in Pensacola is Stoddert Place which is listed at $926, while the average apartment in Pensacola costs $3,092.
What types of apartments are the cheapest in Pensacola?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 89 regular apartments in Pensacola that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pensacola?
Cheap apartments in Pensacola have an average cost of $325 which is $2,767 cheaper than the average rent for all rentals in Pensacola.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.