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$1,733 - $2,898Studio to 3 Bedroom Apartments Available Now
Palmilla Apartments
51 S Coyle StPensacola, FL 32502
Cheap Apartments for Rent in the Downtown Pensacola Neighborhood of Pensacola, FL from $800 (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
$1,564 - $3,875Studio to 3 Bedroom Apartments Available Now
Southtowne Apartments
101 E Romana StPensacola, FL 32502
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$1,150 - $1,3001 to 2 Bedroom Apartments Available Now
Marina Villas
1275 Mahogany Mill RdPensacola, FL 32507
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3 Bedroom Apartments
701 S Palafox St
701 S Palafox StPensacola, FL 32502
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2 Bedroom Apartments
92 W Gadsden Fld
92 W Gadsden FldPensacola, FL 32501
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Studio Apartments
512 C St
512 C StPensacola, FL 32501
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.
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Studio Apartments
1224 E Strong St
1224 E Strong StPensacola, FL 32501
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1 to 2 Bedroom Apartments
Savoy Place
300 Blk N Devilliers StPensacola, FL 32501
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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 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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Studio to 2 Bedroom Apartments
Villa Barcelona
220 Chase StPensacola, FL 32502
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 to 3 Bedroom Apartments
Morris Court II
1200 N M 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 | $1,846 | $1,564 | $2,211 |
| Downtown Pensacola 1 Bedroom Apartments | $1,948 | $1,150 | $2,678 |
| Downtown Pensacola 2 Bedroom Apartments | $2,243 | $1,150 | $3,024 |
| Downtown Pensacola 3 Bedroom Apartments | $2,860 | $2,150 | $3,286 |
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.
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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 Marina Villas priced from $1,300. Savoy Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,710. Here are the most affordable Downtown Pensacola apartments for rent in Pensacola, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1,300 |
| Savoy Place | Savoy | 2BR,2BA | $1,710 |
| Palmilla Apartments | S | Studio,1BA | $1,733 |
| Southtowne Apartments | Caye | 1BR,1BA | $1,873 |
Best Value Apartments for Rent in Downtown Pensacola, FL
As of January 12, 2026 the best value apartment in the Downtown Pensacola area is the $1.86 price per square foot Savoy Model at Savoy Place in the in the Goulding SE Pensacola neighborhood starting from $1,710. 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. |
|---|---|---|---|
| Savoy Place | Savoy | 2BR,2BA | $1.86 |
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
| 320 S K St, Unit A | 320 S K St | 2BR,1BA | $1.78 |
| Southtowne Apartments | Palm | 1BR,1BA | $3.36 |
| Palmilla Apartments | S | Studio ,1BA | $2.95 |
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 $1,778 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
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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!