
Cheap Apartments for Rent in the Greater Pensacola Neighborhood of Pensacola, FL from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Pensacola area of Pensacola.


Acasa Cordova Regency

Arbor Club

Woodland Heights Park House Apartments

711 W Blount St

3020 N Q St

2810-2816 N S St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Fairfield Manor

Pensacola Village Apartments

Morris Court III

Carlieanna Garden Apartments

Wesley Scott Place

Morris Court II

Oakwood Terrace
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.
Greater Pensacola, Pensacola, FL Local Guide

How much does it cost to rent an apartment in Greater Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Pensacola Studio Apartments | $775 | $775 | $775 |
| Greater Pensacola 1 Bedroom Apartments | $1,217 | $940 | $1,478 |
| Greater Pensacola 2 Bedroom Apartments | $1,369 | $1,103 | $1,742 |
| Greater Pensacola 3 Bedroom Apartments | $1,410 | $1,275 | $1,668 |
| Greater Pensacola 4 Bedroom Apartments | $3,978 | $3,978 | $3,978 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Greater Pensacola Neighborhood of Pensacola, FL.
See all Apartments in PensacolaExplore Pensacola
Greater Pensacola, Pensacola, FL Local Guide
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Cheapest Available Greater Pensacola Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Acasa Cordova Regency | 1 B | 1BR,1BA | $940 |
| Courtyard Apartments at Cordova | One Bedroom | 1BR,1BA | $1,115 |
Best Value Apartments for Rent in Greater Pensacola, FL
As of June 18, 2026 the best value apartment in the Greater Pensacola area is the $1.21 price per square foot 1 B Model at Acasa Cordova Regency in the in the Greater Pensacola neighborhood starting from $940. The second greatest value Greater Pensacola apartment is the One Bedroom Model at Courtyard Apartments at Cordova starting at $1,115 with a $1.44 price per square foot in the Greater Pensacola neighborhood. Here is today’s list of the best values for Greater Pensacola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Acasa Cordova Regency | 1 B | 1BR,1BA | $1.21 |
| Courtyard Apartments at Cordova | One Bedroom | 1BR,1BA | $1.44 |
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 ArticleReal 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
How much rent can you afford?
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.
Best Local Schools in Greater Pensacola, Pensacola, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Greater Pensacola Apartments
What is the lowest price for a Cheap Two Bedroom Greater Pensacola Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Greater Pensacola is starting from $1,103 at Acasa Cordova Regency.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.