Cheap Homes for Rent in Pensacola, FL from $800 (109 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1327 Jasma Ln

1327 Jasma Ln

PensacolaFL32534

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.

Read Article
property at 2811 Langley Ave

2811 Langley Ave

PensacolaFL32504

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.

Read Article
property at 1310 Pinnacle Dr

1310 Pinnacle Dr

PensacolaFL32504

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.

Read Article

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.

Read Article
property at 1487 Dunhurst Dr

1487 Dunhurst Dr

PensacolaFL32534

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.

Read Article
Showing Results 1-50, Page 1 of 3

Pensacola, FL Local Guide

Cheapest Neighborhoods for Apartments in Pensacola, FL

Pricing Updated: 08/04/2025

Current apartment rentals in the Pensacola, FL area range in price from $600 to $5,400 with an overall median price of $2,359. The three Pensacola neighborhoods with the lowest median rent pricing are Travis Park Hunters Lake at $600, Ferry Pass at $600, and Airport NE Pensacola at $600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Pensacola Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Travis Park Hunters Lake$1,495$60013
Ferry Pass$1,749$600230
Airport NE Pensacola$1,784$600152
Ensley N Central Pensacola$1,797$769232
North Central Pensacola$1,815$85032
Southeast Pensacola$1,825$99270
Greater Pensacola$1,854$1,10038
Northeast Pensacola$2,000$992106
West Pensacola$2,100$1,3253
Ensley$2,175$769325

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. Stoddert Place in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. Here is today’s list of the most affordable Pensacola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Park VillageStudioStudio,1BA$850
Stoddert PlaceSPAZ1BR,1BA$926
WillowBrook ApartmentsCypress1BR,1BA$999
Sandstones Apartments1x11BR,1BA$1,025
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$1,031
Northwoods (C.H.A.M.)1br1BR,1BA$1,075
The PapillonA11BR,1BA$1,099
Bay Oaks Condominiums IThe Lagoon Upgraded1BR,1BA$1,109

Best Value Apartments for Rent in Pensacola, FL

As of August 04, 2025 the best value apartment in the Pensacola area is the $1.14 price per square foot Delux Model at Legends at Pine Forest in the in the Northwest Pensacola neighborhood starting from $2,465. The second greatest value Pensacola apartment is the 3 Beds, 3.5 baths Model at 2017 Wyatt Street - OFF CAMPUS HOUSING!!! starting at $820 with a $0.51 price per square foot in the Airport NE 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.
Legends at Pine ForestDelux3BR,2BA$1.14
2017 Wyatt Street - OFF CAMPUS HOUSING!!!3 Beds, 3.5 baths3BR,3.5BA$0.51
Village At Southern Oaks3/23BR,2BA$1.13
Pensacola Grand1 Bedroom1BR,1BA$1.24
Parkside Grand1x11BR,1BA$1.18
The EdgeC13BR,3BA$0.80
696 S 72nd Ave, Unit UnitCUpstairs696 S 72nd Ave2BR,1BA$1.26
Silurian Pond2 Bedroom 2 Bath2BR,2BA$0.64
Stoddert PlaceSPAZ1BR,1BA$1.20
702 W Hannah St, Unit 1702 W Hannah St1BR,1BA$1.21

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 Pensacola

What type of rentals are currently available in Pensacola?

There are currently 543 Apartments for Rent in Pensacola, FL with pricing that ranges from $600 to $5,400. There are also 321 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pensacola ranging from $800 to $4,800.

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 $4,800 with an average monthly rent of $1,816.

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 $785 to $3,392, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $600.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.