Cheap Apartments for Rent in the Downtown Pensacola Neighborhood of Pensacola, FL from $800 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Pensacola area of Pensacola.

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Villa Barcelona
Studio to 2 Bedroom Apartments

Villa Barcelona

220 Chase StPensacola, FL 32502
  • Utilities Included
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Morris Court II
1 to 3 Bedroom Apartments

Morris Court II

1200 N M StPensacola, FL 32501

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.

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Belmont Gardens
1 Bedroom Apartments

Belmont Gardens

222 W Belmont StPensacola, FL 32501
  • Utilities Included
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Belmont
2 Bedroom Apartments

Belmont

2110-2180 Belmont St WPensacola, FL 32505
  • Utilities Included
property at 809 N E St

809 N E St

PensacolaFL32501
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Villas of East Hill
1 Bedroom Apartments

Villas of East Hill

1177 E Lloyd StPensacola, FL 32503
  • Utilities Included

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.

property at 107 N D St

107 N D St

PensacolaFL32502

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.

Downtown Pensacola, Pensacola, FL Local Guide

Cheapest Available Downtown Pensacola Apartments for Rent

 

The cheapest available apartment rental in the Downtown Pensacola area of Pensacola, FL is a 2 Beds unit found at Marina Villas priced from $1,300. Palmilla Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,708. Here are the most affordable Downtown Pensacola apartments for rent in Pensacola, FL:

Apartment ListingModel NameBed/BathPriced From
Marina Villas2 Bed 2 Bath2BR,2BA$1,300
Palmilla ApartmentsA11BR,1BA$1,708
Southtowne ApartmentsCaye1BR,1BA$1,899

Best Value Apartments for Rent in Downtown Pensacola, FL

As of October 12, 2025 the best value apartment in the Downtown Pensacola area is the $1.85 price per square foot 580 N De Villiers St Model at 580 N De Villiers St, Unit A in the in the Goulding SE Pensacola neighborhood starting from $2,900. The second greatest value Downtown Pensacola apartment is the 562 N De Villiers St Model at 562 N De Villiers St, Unit A starting at $2,900 with a $1.85 price per square foot in the Goulding SE Pensacola neighborhood. Here is today’s list of the best values for Downtown Pensacola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
580 N De Villiers St, Unit A580 N De Villiers St3BR,3.5BA$1.85
562 N De Villiers St, Unit A562 N De Villiers St3BR,3.5BA$1.85
Marina Villas2 Bed 2 Bath2BR,2BA$1.63
Palmilla ApartmentsA31BR,1BA$2.33
Southtowne ApartmentsCaye1BR,1BA$3.00
60 Gatheringgreen W, Unit Studio Apartment60 Gatheringgreen WStudio ,1BA$2.40

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Pet Friendly Lifestyle
Downtown Pensacola, Pensacola, FL

Ranked #18

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Downtown Pensacola Neighborhood in Pensacola, FL

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Pensacola Apartments

How much is rent for a Cheap One Bedroom Downtown Pensacola Apartment?

The lowest price for a Cheap One Bedroom Downtown Pensacola Apartment is $1,708 at Palmilla Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Pensacola Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Pensacola is starting from $1,300 at Marina Villas.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.