
Cheap Homes for Rent in Pensacola, FL from $700 (153 Rentals)
Search the lowest-cost Homes available for rent right now in Pensacola.


4400 Lillian Hwy

2604 N M St

6590 Dewrell Square

10785 Silver Creek Dr

10785 Silver Creek Dr

6212 Montgomery Ave

102 Ellis Dr

814 W Gonzalez St

814 W Gonzalez St
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.

511 N C St

6809 Tiki Ln

2603 W Belmont St

911 N Spring St

612 McCarroll Rd

1731 Knight Dr

2207 Dora Dr

10785 Silver Creek Dr

3903 W Gadsden St

4238 1/2 Gaffney St
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.

4238-Gaffney 1/2 Gaffney St

6823 Tiki Ln

751 Tumbleweed Trail

676 S 72nd Ave

6009 Sewell St

405 N F St

604 N 70th Ave

151 Boone St

6880 W Fairfield Dr

2051 W Blount St
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.

6810 Tiki Ln

324 Chaseville St

7002 Lanier Dr

7145 Pearson Rd

923 Bremen Ave

3230 W Gonzalez St

1425 Toni St

9916 Guidy Ln

1455 Acorn Ln

1511 N Davis Hwy
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.

5086 Yacht Harbor Cir

2821 Hillcrest Ave

4609 Saufley Field Rd

23 Redwood Cir

10151 Guidy Ln

750 Tumbleweed Trail

1469 E Johnson Ave

8180 Stonebrook Dr

217 W Belmont St

1007 W Hatton St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,480 | $700 | $3,400 |
| Pensacola 3 Bedroom Homes for Rent | $1,946 | $850 | $5,500 |
| Pensacola 4 Bedroom Homes for Rent | $2,329 | $1,700 | $4,250 |
| Pensacola 5 Bedroom Homes for Rent | $2,527 | $2,350 | $2,620 |
Browse Top Homes for Rent in Pensacola
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Pensacola, FL Local Guide
- Pensacola Neighborhoods
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Cheapest Neighborhoods for Apartments in Pensacola, FL
Pricing Updated: 02/18/2026Current apartment rentals in the Pensacola, FL area range in price from $550 to $5,500 with an overall median price of $2,722. The three Pensacola neighborhoods with the lowest median rent pricing are Brownsville South Pensacola at $900, South Pensacola at $900, and West Pensacola at $1,195. 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 |
|---|---|---|---|
| Brownsville South Pensacola | $1,995 | $900 | 24 |
| South Pensacola | $1,995 | $900 | 31 |
| West Pensacola | $2,024 | $1,195 | 25 |
| Downtown Pensacola | $2,347 | $799 | 75 |
| Northwest Pensacola | $2,350 | $850 | 65 |
| Bellview West Pensacola | $2,412 | $550 | 89 |
| Brent NW Pensacola | $2,595 | $550 | 161 |
| Ensley | $2,595 | $975 | 95 |
| Ensley N Central Pensacola | $2,595 | $700 | 107 |
| North Central Pensacola | $2,595 | $975 | 44 |
Cheapest Available Pensacola Apartments for Rent
 The cheapest available apartment rental in Pensacola, FL is a Studio unit found at West Park Village in the Southwest Pensacola neighborhood priced from $850. Willowbrook in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Pensacola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| West Park Village | Studio | Studio,1BA | $850 |
| Willowbrook | 1x1 | 1BR,1BA | $899 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $919 |
| The Laurel | A1 | 1BR,1BA | $1,010 |
| Carriage Hills Apartments | 2x2 | 2BR,2BA | $1,025 |
| The Landings at Tiger Lily | SPAZ | 1BR,1BA | $1,037 |
| Lillian Square Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
| Jasmine Creek Apartments | 1 BEDROOM/1 BATHROOM | 1BR,1BA | $1,059 |
| Northwoods (C.H.A.M.) | 1br | 1BR,1BA | $1,075 |
| Bay Oaks Condominiums I | The Lagoon Upgraded | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Pensacola, FL
As of February 19, 2026 the best value apartment in the Pensacola area is the $0.96 price per square foot 3/2.5 TH w 1 car garage Model at Three Angels Apartments in the in the Southwest Pensacola neighborhood starting from $1,650. The second greatest value Pensacola apartment is the 2 Bedroom Study Model at Legend at Pine Forest starting at $1,664 with a $1.03 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. |
|---|---|---|---|
| Three Angels Apartments | 3/2.5 TH w 1 car garage | 3BR,2.5BA | $0.96 |
| Legend at Pine Forest | 2 Bedroom Study | 2BR,2BA | $1.03 |
| Arbours at Ensley | 3X2 | 3BR,2BA | $1.03 |
| Pensacola Grand | 1 Bedroom | 1BR,1BA | $1.13 |
| Marina SOL | 3x2 | 3BR,2BA | $1.20 |
| Parkside Grand | 1x1 | 1BR,1BA | $1.19 |
| The Reserve at Pensacola | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.25 |
| Village At Southern Oaks | 2/1 | 2BR,1BA | $1.11 |
| Willowbrook | 2x1 | 2BR,1BA | $1.23 |
| 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 ArticleCash 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.
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 Pensacola, FL
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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 530 Apartments for Rent in Pensacola, FL with pricing that ranges from $640 to $5,172. There are also 460 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pensacola ranging from $700 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 $700 to $5,500 with an average monthly rent of $1,978.
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 $799 to $4,196, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $640.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.