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


1715 N S St

3213 N Guillemard St

Unit

2015 W Yonge St

121 Berkley Dr

3418 W Yonge St
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.

Total Monthly Price
2904 Berwick St, Unit SI ID1310517P

410 E Lloyd St

538 Royce St, Unit 2B

538 Royce St, Unit 2B

538 Royce St, Unit 6C

538 Royce St

3516 N S 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.
Greater Pensacola, Pensacola, FL Local Guide

How much does it cost to rent a home in Greater Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Pensacola 2 Bedroom Homes for Rent | $1,657 | $1,125 | $2,750 |
| Greater Pensacola 3 Bedroom Homes for Rent | $1,757 | $1,281 | $2,500 |
| Greater Pensacola 4 Bedroom Homes for Rent | $2,518 | $1,500 | $4,000 |
Browse Homes for Rent 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.
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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 | $1,050 |
| Arbor Club | 1x1 LG Upgrade | 1BR,1BA | $1,318 |
Best Value Apartments for Rent in Greater Pensacola, FL
As of August 19, 2026 the best value apartment in the Greater Pensacola area is the $1.39 price per square foot 2 Bed 1 Bath Model at Acasa Cordova Regency in the in the Greater Pensacola neighborhood starting from $1,300. The second greatest value Greater Pensacola apartment is the 1x1 LG Upgrade Model at Arbor Club starting at $1,318 with a $1.73 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 | 2 Bed 1 Bath | 2BR,1BA | $1.39 |
| Arbor Club | 1x1 LG Upgrade | 1BR,1BA | $1.73 |
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
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Frequently Asked Questions about Greater Pensacola
What type of rentals are currently available in Greater Pensacola?
There are currently 62 Apartments for Rent in Greater Pensacola, FL with pricing that ranges from $775 to $4,115. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Pensacola ranging from $799 to $4,000.
What is the current price range for Rental Homes in Greater Pensacola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greater Pensacola ranges from $799 to $4,000 with an average monthly rent of $1,898.
How much are larger Three and Four Bedroom Rentals in Greater Pensacola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greater Pensacola range from $1,400 to $2,153, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,281 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $3,793.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.