Cheap Homes for Rent in Greater Pensacola Neighborhood of Pensacola, FL from $1,000 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Greater Pensacola area of Pensacola.

property at 1511 N Davis Hwy

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

1511 N Davis Hwy, Unit A

1511 N Davis Hwy
PensacolaFL32503

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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.

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Greater Pensacola, Pensacola, FL Local Guide

Cheapest Available Greater Pensacola Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Acasa Cordova Regency1 B1BR,1BA$940
Courtyard Apartments at CordovaTwo Bedroom2BR,1BA$1,145

Best Value Apartments for Rent in Greater Pensacola, FL

As of July 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Courtyard Apartments at CordovaTwo Bedroom2BR,1BA$1.31
Acasa Cordova Regency1 B1BR,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.

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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.

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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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Frequently Asked Questions about Greater Pensacola

What type of rentals are currently available in Greater Pensacola?

There are currently 60 Apartments for Rent in Greater Pensacola, FL with pricing that ranges from $775 to $3,958. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Pensacola ranging from $1,000 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 $1,000 to $4,000 with an average monthly rent of $1,806.

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 $1,275 to $2,205, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $3,958.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.

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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.

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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.