
Cheap Apartments for Rent in the Greater Pensacola Neighborhood of Pensacola, FL from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Pensacola area of Pensacola.


Acasa Cordova Regency

Courtyard Apartments at Cordova

Arbor Club

804 Royce St

1016 W Maxwell St

Unit
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.

890 Royce St

824 Royce St

538 Royce St, Unit 7A

538 Royce St

1716 N S St

3411 W Yonge St

2904 Berwick St
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.

2604 N M St

Morris Court II

Fairfield Manor

Stratford Place Apartments

Villas East Hill (PNS90)

3213 N Guillemard St

1016 W Maxwell St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

121 Berkley Dr

2015 W Yonge St

3418 W Yonge St

3405 W Yonge St

410 E Lloyd St

912 Brookside Ct

Woodland Heights Park House Apartments
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.

3411 W Yonge St

2709 N Davis Hwy
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 | $1,215 | $940 | $1,467 |
| Greater Pensacola 2 Bedroom Apartments | $1,318 | $1,103 | $1,756 |
| Greater Pensacola 3 Bedroom Apartments | $1,697 | $1,275 | $2,205 |
| Greater Pensacola 4 Bedroom Apartments | $3,916 | $3,916 | $3,916 |
Browse Apartments in this Neighborhood
There are currently 30 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 | Two Bedroom | 2BR,1BA | $1,145 |
Best Value Apartments for Rent in Greater Pensacola, FL
As of August 04, 2026 the best value apartment in the Greater Pensacola area is the $1.31 price per square foot Two Bedroom Model at Courtyard Apartments at Cordova in the in the Greater Pensacola neighborhood starting from $1,145. The second greatest value Greater Pensacola apartment is the 1 B Model at Acasa Cordova Regency starting at $940 with a $1.21 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. |
|---|---|---|---|
| Courtyard Apartments at Cordova | Two Bedroom | 2BR,1BA | $1.31 |
| Acasa Cordova Regency | 1 B | 1BR,1BA | $1.21 |
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.
What is the most affordable Greater Pensacola Three Bedroom Apartment?
The best deal on a cheap Greater Pensacola Three Bedroom Apartment rental is at Acasa Cordova Regency and starts from $1,275.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.