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$1,550 - $3,788
Total Monthly Price
Base Rent$1,550 - $3,788
Total Monthly PriceVaries
Southtowne Apartments
101 E Romana StPensacola, FL 32502
Cheap Apartments for Rent in the Downtown Pensacola Neighborhood of Pensacola, FL from $564 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Pensacola area of Pensacola.
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Rent Specials
Contact Us For Pricing1 to 2 Bedroom Apartments Contact Us For Availability
Savoy Place
300 Blk N Devilliers StPensacola, FL 32501
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3 Bedroom Apartments
701 S Palafox St
701 S Palafox StPensacola, FL 32502
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1 Bedroom Apartments
711 W Blount St
711 W Blount StPensacola, FL 32501
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Studio Apartments
512 C St
512 C StPensacola, FL 32501
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2 Bedroom Apartments
92 W Gadsden Fld
92 W Gadsden FldPensacola, FL 32501
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.
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1 to 2 Bedroom Apartments
The Altair Senior Apartment Living
1810 W Cervantes StPensacola, FL 32501
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1 to 2 Bedroom Apartments
Marina Villas
1275 Mahogany Mill RdPensacola, FL 32507
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1 Bedroom Apartments
Carlieanna Garden Apartments
1103 N 15th AvePensacola, FL 32501
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1 Bedroom Apartments
Morris Court III
1301 N M StPensacola, FL 32501
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1 to 3 Bedroom Apartments
Morris Court II
1200 N M StPensacola, FL 32501
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Studio to 2 Bedroom Apartments
Villa Barcelona (PNS90)
220 Chase StPensacola, FL 32502
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.
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Studio Apartments
1224 E Strong St
1224 E Strong StPensacola, FL 32501
Showing Results 1-13, Page 1 of 1
Downtown Pensacola, Pensacola, FL Local Guide
How much does it cost to rent an apartment in Downtown Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Pensacola Studio Apartments | $1,726 | $1,550 | $1,925 |
| Downtown Pensacola 1 Bedroom Apartments | $1,954 | $900 | $2,196 |
| Downtown Pensacola 2 Bedroom Apartments | $2,477 | $1,100 | $3,347 |
| Downtown Pensacola 3 Bedroom Apartments | $2,897 | $1,350 | $3,788 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Pensacola Neighborhood of Pensacola, FL.
See all Apartments in PensacolaExplore Pensacola
Downtown Pensacola, Pensacola, FL Local Guide
- Nearby Pensacola neighborhoods
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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 161 Strong St priced from $1,050. Marina Villas has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here are the most affordable Downtown Pensacola apartments for rent in Pensacola, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 161 Strong St | 2 Beds, 1 Baths | 2BR,1BA | $1,050 |
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1,300 |
| Southtowne Apartments | Caye | 1BR,1BA | $1,623 |
| Palmilla | A2 | 1BR,1BA | $1,797 |
| The Romero | A2 | 1BR,1BA | $1,885 |
Best Value Apartments for Rent in Downtown Pensacola, FL
As of September 05, 2026 the best value apartment in the Downtown Pensacola area is the $1.24 price per square foot 2 Beds, 1 Baths Model at 161 Strong St in the in the Southeast Pensacola neighborhood starting from $1,050. The second greatest value Downtown Pensacola apartment is the 2 Bed 2 Bath Model at Marina Villas starting at $1,300 with a $1.63 price per square foot in the Southwest Pensacola neighborhood. Here is today’s list of the best values for Downtown Pensacola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 161 Strong St | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
| Palmilla | A4 | 1BR,1BA | $2.68 |
| The Romero | A2 | 1BR,1BA | $2.72 |
| Southtowne Apartments | Gulfshore | 1BR,1BA | $3.01 |
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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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.
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.
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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.
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Pet Friendly LifestyleDowntown Pensacola, Pensacola, FL
Ranked #15
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,647 at Southtowne 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 $1,050 at 161 Strong St.
What is the most affordable Downtown Pensacola Three Bedroom Apartment?
The best deal on a cheap Downtown Pensacola Three Bedroom Apartment rental is at Palmilla and starts from $2,860.
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.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.