Cheap Homes for Rent in Pensacola, FL from $800 (102 Rentals)

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

property at 1036 Hawthorn Dr

$800

2 Bedroom, 1 Bath Home for Rent

Available Now

1036 Hawthorn Dr

PensacolaFL32507
property at 205 Holmes Dr

$850

1 Bedroom, 1 Bath Home for Rent

Available Now

205 Holmes Dr

PensacolaFL32507
property at 10151 Guidy Ln

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

10151 Guidy Ln

PensacolaFL32514
property at 10151 Guidy Ln

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

10151 Guidy Ln

PensacolaFL32514
property at 1505 N 62nd Ave

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1505 N 62nd Ave

PensacolaFL32506

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

property at 5207 Charbar Dr

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

5207 Charbar Dr

PensacolaFL32526
property at 600 Scenic Hwy

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Condo for Rent

Available Now

600 Scenic Hwy, Unit 309, Unit 309

600 Scenic Hwy
PensacolaFL32503
property at 130 E 9 Mile Rd

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Townhome for Rent

Available Now

130 E 9 Mile Rd

PensacolaFL32534

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.

property at 1218 N Kirk St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

1218 N Kirk St

PensacolaFL32505
property at 1720 E La Rua St

$1,150 - $1,550

1 To 2 Bedroom Rentals

Available Now

1720 E La Rua St

PensacolaFL32501

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.

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.

property at 718 Mills Ave

$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

718 Mills Ave

PensacolaFL32507
property at 1318 Wilson Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

1318 Wilson Ave

PensacolaFL32507

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.

Pensacola, FL Local Guide

Cheapest Neighborhoods for Apartments in Pensacola, FL

Pricing Updated: 05/21/2026

Current apartment rentals in the Pensacola, FL area range in price from $850 to $4,700 with an overall median price of $2,305. The three Pensacola neighborhoods with the lowest median rent pricing are North Central Pensacola at $900, Northeast Pensacola at $1,000, and Travis Park Hunters Lake at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Pensacola Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Central Pensacola$1,800$90019
Northeast Pensacola$1,895$1,00025
Travis Park Hunters Lake$1,962$95013
Ferry Pass$1,985$900107
Brownsville South Pensacola$1,995$85022
Greater Pensacola$1,995$1,09520
West Pensacola$2,025$1,20025
South Pensacola$2,087$85021
Ensley N Central Pensacola$2,097$90057
Northwest Pensacola$2,100$1,00046

Cheapest Available Pensacola Apartments for Rent

 

The cheapest available apartment rental in Pensacola, FL is a 1 Bed unit found at The Pines at Warrington in the Southwest Pensacola neighborhood priced from $825. 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 ListingModel NameBed/BathPriced From
The Pines at WarringtonOne Bedroom One Bath1BR,1BA$825
West Park VillageStudioStudio,1BA$850
Willowbrook1x11BR,1BA$899
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$919
Acasa Cordova Regency1 B1BR,1BA$940
Lillian Square Apartments1 Bedroom1BR,1BA$950
The LaurelA11BR,1BA$1,010
Bay Oaks Condominiums IThe Lagoon Upgraded1BR,1BA$1,015
The Landings at Tiger LilySPAZ1BR,1BA$1,037
Jasmine Creek Apartments1 BEDROOM/1 BATHROOM1BR,1BA$1,059

Best Value Apartments for Rent in Pensacola, FL

As of May 21, 2026 the best value apartment in the Pensacola area is the $1.06 price per square foot The Hayden Model at Rock Ridge Estates in the in the Cantonement neighborhood starting from $2,750. The second greatest value Pensacola apartment is the 3x2 Model at Parkside Grand starting at $1,817 with a $0.98 price per square foot in the North Central Pensacola neighborhood. Here is today’s list of the best values for Pensacola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rock Ridge EstatesThe Hayden5BR,3BA$1.06
Parkside Grand3x23BR,2BA$0.98
College Vue4BR/4BA - A4BR,4BA$0.56
Arbours at Ensley3X23BR,2BA$1.03
Pensacola Grand1 Bedroom1BR,1BA$1.09
Three Angels Apartments3/2 Unit3BR,2BA$1.19
Park on the SquareStuart2BR,2BA$1.21
The Pines at WarringtonOne Bedroom One Bath1BR,1BA$1.03
Acasa Cordova Regency1 B1BR,1BA$1.21
Willowbrook1x11BR,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.

Read Article
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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Pensacola

What type of rentals are currently available in Pensacola?

There are currently 538 Apartments for Rent in Pensacola, FL with pricing that ranges from $700 to $20,870. There are also 322 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pensacola ranging from $800 to $4,700.

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 $800 to $4,700 with an average monthly rent of $2,013.

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 $865 to $5,398, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $700.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.