Cheap Homes for Rent in Pensacola, FL from $600 (130 Rentals)

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property at 531 Amber St

531 Amber St

PensacolaFL32503
property at 529 N 48th Ave

529 N 48th Ave

PensacolaFL32506
property at 535 Amber St

535 Amber St

PensacolaFL32503
property at 2 Ellis Dr

2 Ellis Dr

PensacolaFL32507

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.

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property at 10151 Guidy Ln

10151 Guidy Ln

PensacolaFL32514

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.

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property at 151 Boone St

151 Boone St

PensacolaFL32505

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.

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property at 6810 Tiki Ln

6810 Tiki Ln

PensacolaFL32503
property at 6810 Tiki Ln

6810 Tiki Ln

PensacolaFL32503
property at 130 E 9 Mile Rd

130 E 9 Mile Rd

PensacolaFL32534
property at 7116 Pearson Rd

7116 Pearson Rd

PensacolaFL32526

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.

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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.

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Showing Results 1-50, Page 1 of 3

Pensacola, FL Local Guide

Cheapest Neighborhoods for Apartments in Pensacola, FL

Pricing Updated: 12/08/2025

Current apartment rentals in the Pensacola, FL area range in price from $620 to $9,736 with an overall median price of $2,475. The three Pensacola neighborhoods with the lowest median rent pricing are Brownsville South Pensacola at $1,000, South Pensacola at $1,000, and West Pensacola at $1,250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Pensacola Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Brownsville South Pensacola$1,147$1,0002
South Pensacola$1,295$1,0003
West Pensacola$1,450$1,2503
Airport NE Pensacola$1,697$620240
Ferry Pass$1,697$620345
Ensley N Central Pensacola$1,779$700328
Southeast Pensacola$1,810$94596
North Central Pensacola$1,815$70045
Travis Park Hunters Lake$1,844$62043
Greater Pensacola$1,854$95865

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. Alabaster Gardens - 55+ Community in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $919. Here is today’s list of the most affordable Pensacola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbours at Ensley3X23BR,2BA$700
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$919
Lillian Square Apartments1 Bedroom1BR,1BA$950
West Park Village1 Bed 1 Bath1BR,1BA$975
The LaurelA11BR,1BA$1,010
Carriage Hills Apartments2x22BR,2BA$1,025
Marina SOL1x11BR,1BA$1,025
Arbor Club1x11BR,1BA$1,035
Willowbrook1x11BR,1BA$1,050
Jasmine Creek Apartments1 BEDROOM/1 BATHROOM1BR,1BA$1,059

Best Value Apartments for Rent in Pensacola, FL

As of December 08, 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 3 Bedroom Model at Pensacola Grand starting at $1,626 with a $1.06 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 Cali4BR,2BA$1.20
Pensacola Grand3 Bedroom3BR,2BA$1.06
Arbours at Ensley3X23BR,2BA$0.54
Parkside Grand1x11BR,1BA$1.08
Three Angels Apartments3/2 Unit3BR,2BA$1.19
The PresidioC13BR,2.5BA$1.25
Village At Southern Oaks2/12BR,1BA$1.06
The Landings at Tiger LilySPB602BR,2BA$1.20
Bay Oaks Condominiums IThe Gulf Full Upgrade2BR,2BA$1.17
College Vue2BR/2BA - A2BR,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.

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The 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.

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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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Pensacola, FL
Population: 52,713

Ranked #743

in US Census Population by City

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Pet Friendly Lifestyle
Pensacola, FL

Ranked #17

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Pensacola, FL

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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 $620 to $9,736. There are also 479 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pensacola ranging from $695 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 $695 to $5,500 with an average monthly rent of $1,871.

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 $4,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $5,500. Four Bedroom Single-Family rentals are also available starting from $898 and Four Bedroom Apartments start at $620.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.