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from $1,914Studio 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 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Pensacola area of Pensacola.
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from $1,634Studio to 2 Bedroom Apartments Available Now
Southtowne Apartments
101 E Romana StPensacola, FL 32502
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from $1,1501 to 2 Bedroom Apartments Available Now
Marina Villas
1275 Mahogany Mill RdPensacola, FL 32507
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Showing Results 1-12, 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 | $2,170 | $1,600 | $4,019 |
| Downtown Pensacola 1 Bedroom Apartments | $2,274 | $1,150 | $5,400 |
| Downtown Pensacola 2 Bedroom Apartments | $2,424 | $1,150 | $3,169 |
| Downtown Pensacola 3 Bedroom Apartments | $2,334 | $1,450 | $3,078 |
Browse Apartments in this Neighborhood
There are currently 12 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 Marina Villas priced from $1,300. Savoy Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,585. 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 | Belmont | 2BR,2BA | $1,585 |
| Southtowne Apartments | Caye | 1BR,1BA | $1,847 |
| Palmilla Apartments | A2 | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Downtown Pensacola, FL
As of July 14, 2025 the best value apartment in the Downtown Pensacola area is the $1.93 price per square foot Belmont Model at Savoy Place in the in the Goulding SE Pensacola neighborhood starting from $1,585. 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 | Belmont | 2BR,2BA | $1.93 |
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
| Palmilla Apartments | A1 | 1BR,1BA | $2.79 |
| 314 S K St, Unit A | 314 S K St | 2BR,1BA | $1.77 |
| Southtowne Apartments | Caye | 1BR,1BA | $2.92 |
| 60 Gatheringgreen W, Unit Studio Apartment | 60 Gatheringgreen W | Studio ,1BA | $3.20 |
Quick Rent Budget Calculator
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
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
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 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 $1,847 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 $1,300 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.
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.