510 N Q St
PensacolaFL32505
Cheap Homes for Rent in the Downtown Pensacola Neighborhood of Pensacola, FL from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Pensacola area of Pensacola.
1511 N Davis Hwy, Unit A
1511 N Davis Hwy
PensacolaFL32503
161 E Strong St
PensacolaFL32501
1715 N S St
PensacolaFL32505
406 N S St
PensacolaFL32505
1016 W Maxwell St
PensacolaFL32501
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.
2624 W De Soto St
PensacolaFL32505
2101 W Romana St
PensacolaFL32502
1106 Doctor M.L.K. Jr Dr
PensacolaFL32503
Unit
1301 N 6th Ave
PensacolaFL32503
2015 W Yonge St
PensacolaFL32501
410 E Lloyd St
PensacolaFL32503
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.
Showing Results 1-12, 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 | $1,693 | $1,050 | $2,850 |
| Downtown Pensacola 3 Bedroom Homes for Rent | $1,924 | $1,281 | $2,900 |
| Downtown Pensacola 4 Bedroom Homes for Rent | $2,491 | $1,500 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent 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.
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 2 Beds unit found at Marina Villas priced from $1,300. Southtowne Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,723. 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 |
| Southtowne Apartments | Sawgrass | Studio,1BA | $1,723 |
| Palmilla | A2 | 1BR,1BA | $1,817 |
| The Romero | C2 | 3BR,2BA | $3,045 |
Best Value Apartments for Rent in Downtown Pensacola, FL
As of July 23, 2026 the best value apartment in the Downtown Pensacola area is the $2.19 price per square foot C2 Model at The Romero in the in the Downtown Pensacola neighborhood starting from $3,045. 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. |
|---|---|---|---|
| The Romero | C2 | 3BR,2BA | $2.19 |
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
| Palmilla | A3 | 1BR,1BA | $2.59 |
| Southtowne Apartments | Gulfshore | 1BR,1BA | $3.00 |
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.
Read Article
Real 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.
Read ArticleQuick Rent Budget Calculator
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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 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 $1,200 to $3,731. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Pensacola ranging from $925 to $3,900.
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 $925 to $3,900 with an average monthly rent of $1,982.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.