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$1,773 - $3,208Studio 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 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Pensacola area of Pensacola.
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Rent Specials
$1,661 - $3,756
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,661 - $3,756
Total Monthly Price
$1,661 - $3,756
Southtowne Apartments
101 E Romana StPensacola, FL 32502
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$1,150 - $1,3001 to 2 Bedroom Apartments Available Mar 31
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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1 Bedroom Apartments
711 W Blount St
711 W Blount StPensacola, FL 32501
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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
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1 to 3 Bedroom Apartments
Morris Court II
1200 N M StPensacola, FL 32501
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.
Showing Results 1-14, 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 | $1,939 | $1,661 | $2,211 |
| Downtown Pensacola 1 Bedroom Apartments | $1,933 | $1,150 | $2,678 |
| Downtown Pensacola 2 Bedroom Apartments | $2,206 | $1,150 | $3,024 |
| Downtown Pensacola 3 Bedroom Apartments | $2,829 | $1,900 | $3,864 |
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 14 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 Savoy Place priced from $1,585. Palmilla Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,645. Here are the most affordable Downtown Pensacola apartments for rent in Pensacola, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Savoy Place | Belmont | 2BR,2BA | $1,585 |
| Palmilla Apartments | S | Studio,1BA | $1,645 |
| Southtowne Apartments | Caye | 1BR,1BA | $1,838 |
Best Value Apartments for Rent in Downtown Pensacola, FL
As of February 26, 2026 the best value apartment in the Downtown Pensacola area is the $2.20 price per square foot C2 Model at Palmilla Apartments in the in the Goulding SE Pensacola neighborhood starting from $3,208. The second greatest value Downtown Pensacola apartment is the Belmont Model at Savoy Place starting at $1,585 with a $1.93 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Palmilla Apartments | C2 | 3BR,2BA | $2.20 |
| Savoy Place | Belmont | 2BR,2BA | $1.93 |
| Southtowne Apartments | Palm | 1BR,1BA | $3.20 |
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 $1,838 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 $1,585 at Savoy Place.
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 Apartments and starts from $2,970.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.