
Cheap Homes for Rent in Pensacola, FL from $700 (161 Rentals)
Search the lowest-cost Homes available for rent right now in Pensacola.


3120 Muldoon Rd

3206 W Gadsden St

6590 Dewrell Square

2604 N M St

2828 W Gonzalez St

102 Ellis Dr

535 Amber St

2 Ellis Dr

13 Marine Dr
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.

2821 Hillcrest Ave

10151 Guidy Ln

10151 Guidy Ln

10151 Guidy Ln

10151 Guidy Ln

8210 Kipling St

1010 Pennsylvania Dr

711 Tumbleweed Trail

676 S 72nd Ave

6823 Tiki Ln
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2207 Dora Dr

2603 W Belmont St

7210 N Palafox St

1711 N 60th Ave

4350 N 8th Ave

157 E Strong St

151 Boone St

6880 W Fairfield Dr

5 Ellinor Ct

3226 Muldoon Rd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

320 N Barcelona St

7135 Pearson Rd

7135 Pearson Rd

6810 Tiki Ln

7116 Pearson Rd

7116 Pearson Rd

6810 Tiki Ln

130 E 9 Mile Rd

210 N Pinewood Ln

751 Tumbleweed Trail
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

923 Bremen Ave

1460 Bakalane Ct

2051 W Blount St

5099 Yacht Harbor Cir

604 N 70th Ave

7145 Pearson Rd

3204 E Gonzalez St

6010 Sewell St

7250 Hilburn Rd

6009 Sewell St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Pensacola, FL Local Guide

How much does it cost to rent a home in Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pensacola 2 Bedroom Homes for Rent | $1,531 | $850 | $3,400 |
| Pensacola 3 Bedroom Homes for Rent | $1,875 | $1,150 | $5,500 |
| Pensacola 4 Bedroom Homes for Rent | $2,325 | $1,295 | $3,950 |
| Pensacola 5 Bedroom Homes for Rent | $2,737 | $2,400 | $4,000 |
Browse Top Homes for Rent in Pensacola
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Pensacola, FL Local Guide
- Pensacola Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Pensacola, FL
Pricing Updated: 12/19/2025Current apartment rentals in the Pensacola, FL area range in price from $620 to $12,430 with an overall median price of $2,323. The three Pensacola neighborhoods with the lowest median rent pricing are West Pensacola at $1,250, Airport NE Pensacola at $620, and Ferry Pass at $620. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Pensacola Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| West Pensacola | $1,450 | $1,250 | 3 |
| Airport NE Pensacola | $1,697 | $620 | 232 |
| Ferry Pass | $1,705 | $620 | 333 |
| Ensley N Central Pensacola | $1,780 | $700 | 302 |
| Southeast Pensacola | $1,795 | $969 | 93 |
| North Central Pensacola | $1,815 | $700 | 46 |
| Travis Park Hunters Lake | $1,852 | $620 | 41 |
| Greater Pensacola | $1,854 | $1,049 | 64 |
| Northeast Pensacola | $1,854 | $969 | 137 |
| Ensley | $2,047 | $625 | 341 |
Cheapest Available Pensacola Apartments for Rent
 The cheapest available apartment rental in Pensacola, FL is a 3 Beds unit found at Arbours at Ensley in the North Central Pensacola neighborhood priced from $700. West Park Village in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Pensacola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbours at Ensley | 3X2 | 3BR,2BA | $700 |
| West Park Village | Studio | Studio,1BA | $850 |
| Willowbrook | 1x1 | 1BR,1BA | $899 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $919 |
| Lillian Square Apartments | 1 Bedroom | 1BR,1BA | $950 |
| The Laurel | A1 | 1BR,1BA | $1,010 |
| Carriage Hills Apartments | 2x2 | 2BR,2BA | $1,025 |
| Marina SOL | 1x1 | 1BR,1BA | $1,025 |
| Jasmine Creek Apartments | 1 BEDROOM/1 BATHROOM | 1BR,1BA | $1,059 |
| Briarwood Rental Homes | 1 Bed 1 Bath | 1BR,1BA | $1,078 |
Best Value Apartments for Rent in Pensacola, FL
As of December 20, 2025 the best value apartment in the Pensacola area is the $1.20 price per square foot The Cali Model at Rock Ridge Estates in the in the Cantonement neighborhood starting from $2,142. The second greatest value Pensacola apartment is the 2 Bedroom Study Model at Legend at Pine Forest starting at $1,660 with a $1.02 price per square foot in the Northwest Pensacola neighborhood. Here is today’s list of the best values for Pensacola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rock Ridge Estates | The Cali | 4BR,2BA | $1.20 |
| Legend at Pine Forest | 2 Bedroom Study | 2BR,2BA | $1.02 |
| Pensacola Grand | 3 Bedroom | 3BR,2BA | $1.04 |
| Chapins Landing | 3x2.5 Townhome | 3BR,2.5BA | $1.21 |
| Village At Southern Oaks | 3/2 | 3BR,2BA | $1.03 |
| Parkside Grand | 1x1 | 1BR,1BA | $1.02 |
| Three Angels Apartments | 3/2 Unit | 3BR,2BA | $1.19 |
| The Landings at Tiger Lily | SPB60 | 2BR,2BA | $1.20 |
| Arbours at Ensley | 1X1 | 1BR,1BA | $1.03 |
| College Vue | 2BR/2BA - A | 2BR,2BA | $1.15 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Pensacola, FLPopulation: 52,713
Ranked #743
in US Census Population by City
Pet Friendly LifestylePensacola, FL
Ranked #17
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Pensacola, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pensacola, FL Rentals by Map
See the most popular apartments and homes in Pensacola, FL
Frequently Asked Questions about Pensacola
What type of rentals are currently available in Pensacola?
There are currently 526 Apartments for Rent in Pensacola, FL with pricing that ranges from $620 to $12,430. There are also 496 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pensacola ranging from $725 to $5,500.
What is the current price range for Rental Homes in Pensacola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pensacola ranges from $725 to $5,500 with an average monthly rent of $1,875.
How much are larger Three and Four Bedroom Rentals in Pensacola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pensacola range from $700 to $12,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $620.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.