Cheap Homes for Rent in the Greater Pensacola Neighborhood of Pensacola, FL from $700 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 1301 N 6th Ave

$1,281

3 Bedroom, 1 Bath Rentals

Available Now

Unit

1301 N 6th Ave
PensacolaFL32503

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.

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

Cheapest Available Greater Pensacola Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Acasa Cordova Regency1 B1BR,1BA$1,050
Arbor Club1x1 LG Upgrade1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Acasa Cordova Regency2 Bed 1 Bath2BR,1BA$1.39
Arbor Club1x1 LG Upgrade1BR,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 Article
Decorative image

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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.