224 E Garden St
PensacolaFL32502
Cheap Homes for Rent in Downtown Pensacola Neighborhood of Pensacola, FL from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Pensacola area of Pensacola.
711 W Gregory St
PensacolaFL32502
420 E Lloyd St
PensacolaFL32503
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.
337 S I St
PensacolaFL32502
1114 N Q St
PensacolaFL32505
2389 N 18th Ave
PensacolaFL32503
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
210 S H St
PensacolaFL32502
Showing Results 1-7, Page 1 of 1
Downtown Pensacola, Pensacola, FL Local Guide
How much does it cost to rent a home in Downtown Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Pensacola 2 Bedroom Homes for Rent | $2,192 | $1,450 | $4,300 |
| Downtown Pensacola 3 Bedroom Homes for Rent | $2,220 | $1,250 | $3,100 |
| Downtown Pensacola 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
| Downtown Pensacola 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Pensacola Neighborhood of Pensacola, FL.
Explore 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 1 Bed unit found at Alabaster Gardens - 55+ Community priced from $899. The Ascend at Pensacola Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Downtown Pensacola apartments for rent in Pensacola, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $899 |
| The Ascend at Pensacola Bay | A1 | 1BR,1BA | $1,199 |
| Ashley Club | 1x1 - Bayou Upgrade | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Downtown Pensacola, FL
As of June 13, 2025 the best value apartment in the Downtown Pensacola area is the $1.63 price per square foot 2 Bed 2 Bath Model at Marina Villas in the in the Southwest Pensacola neighborhood starting from $1,300. The second greatest value Downtown Pensacola apartment is the A2 Model at Palmilla Apartments starting at $1,922 with a $2.65 price per square foot in the Greater 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. |
|---|---|---|---|
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
| Palmilla Apartments | A2 | 1BR,1BA | $2.65 |
| Ashley Club | 1x1 - Bayou Upgrade | 1BR,1BA | $1.82 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $1.36 |
| Southtowne Apartments | Caye | 1BR,1BA | $2.86 |
| The Ascend at Pensacola Bay | A1 | 1BR,1BA | $2.18 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Pensacola
What type of rentals are currently available in Downtown Pensacola?
There are currently 80 Apartments for Rent in Downtown Pensacola, FL with pricing that ranges from $950 to $5,400. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Pensacola ranging from $995 to $4,300.
What is the current price range for Rental Homes in Downtown Pensacola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Pensacola ranges from $995 to $4,300 with an average monthly rent of $2,212.
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.