Cheap Apartments for Rent in the North Central Pensacola Neighborhood of Pensacola, FL from $400 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Central Pensacola area of Pensacola.

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6818 Tiki Ln
Studio Apartments

6818 Tiki Ln

6818 Tiki LnPensacola, FL 32503
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6802 Tiki Ln
Studio Apartments

6802 Tiki Ln

6802 Tiki LnPensacola, FL 32503

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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6809 Tiki Ln
Studio Apartments

6809 Tiki Ln

6809 Tiki LnPensacola, FL 32503
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6801 Tiki Ln
Studio Apartments

6801 Tiki Ln

6801 Tiki LnPensacola, FL 32503
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7918 Deborah Dr
2 Bedroom Apartments

7918 Deborah Dr

7918 Deborah DrPensacola, FL 32514
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6832 Tiki Ln
Studio Apartments

6832 Tiki Ln

6832 Tiki LnPensacola, FL 32503
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Fowler Place
Studio Apartments

Fowler Place

8810 Fowler AvePensacola, FL 32534

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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6817 Tiki Ln
Studio Apartments

6817 Tiki Ln

6817 Tiki LnPensacola, FL 32503
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7851 Ira Dr
1 Bedroom Apartments

7851 Ira Dr

7851 Ira DrPensacola, FL 32514
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50 Burgess Rd
Studio Apartments

50 Burgess Rd

50 Burgess RdPensacola, FL 32503
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6810 Tiki Ln
Studio Apartments

6810 Tiki Ln

6810 Tiki LnPensacola, FL 32503
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Beauclerc
1 to 3 Bedroom Apartments

Beauclerc

200 E Burgess RdPensacola, FL 32503
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Palafox Landing
2 to 3 Bedroom Apartments

Palafox Landing

7220 N Palafox StPensacola, FL 32503
  • Utilities Included
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Bennett Apartments
2 to 4 Bedroom Apartments

Bennett Apartments

8640 Jernigan RdPensacola, FL 32514
  • Utilities Included
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Pensacola Grand
1 to 3 Bedroom Apartments

Pensacola Grand

9091 Airway DrPensacola, FL 32514
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Parkside Grand
1 to 3 Bedroom Apartments

Parkside Grand

9095 Airway DrPensacola, FL 32514
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Monarch Place
4 to 5 Bedroom Apartments

Monarch Place

420 Monarch LnPensacola, FL 32503
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909 E Johnson Ave
3 Bedroom Apartments

909 E Johnson Ave

909 E Johnson AvePensacola, FL 32514
  • Utilities Included

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.

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Magnolia Place
1 to 2 Bedroom Apartments

Magnolia Place

288 Olive RdPensacola, FL 32514
  • Utilities Included

North Central Pensacola, Pensacola, FL Local Guide

Cheapest Available North Central Pensacola Apartments for Rent

 

The cheapest available apartment rental in the North Central Pensacola area of Pensacola, FL is a 3 Beds unit found at Arbours at Ensley priced from $790. Briarwood Rental Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,133. Here are the most affordable North Central Pensacola apartments for rent in Pensacola, FL:

Apartment ListingModel NameBed/BathPriced From
Arbours at Ensley3X23BR,2BA$790
Briarwood Rental Homes1 Bed 1 Bath with Study1BR,1BA$1,133
The Cottages at Twin LakesB3 2x12BR,1BA$1,299
Marcus Pointe Grande Apartment HomesMuirfield2BR,1BA$1,511
Pointe Grand Pensacola2 Bedroom, 2 Bathroom2BR,2BA$1,595
Pensacola Grand2 Bedroom2BR,2BA$1,677
Parkside Grand3x23BR,2BA$1,759

Best Value Apartments for Rent in North Central Pensacola, FL

As of July 22, 2026 the best value apartment in the North Central Pensacola area is the $0.95 price per square foot 3x2 Model at Parkside Grand in the in the North Central Pensacola neighborhood starting from $1,759. The second greatest value North Central Pensacola apartment is the 2 Bedroom Deluxe Model at Pensacola Grand starting at $1,807 with a $1.18 price per square foot in the North Central Pensacola neighborhood. Here is today’s list of the best values for North Central Pensacola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside Grand3x23BR,2BA$0.95
Pensacola Grand2 Bedroom Deluxe2BR,2BA$1.18
Arbours at Ensley3X23BR,2BA$0.61
Marcus Pointe Grande Apartment HomesMuirfield2BR,1BA$1.25
Pointe Grand Pensacola2 Bedroom, 2 Bathroom2BR,2BA$1.36
The Cottages at Twin LakesB1 2x12BR,1BA$1.44
8701 Fowler Ave, Unit 38701 Fowler Ave2BR,1BA$1.63
Briarwood Rental Homes1 Bed 1 Bath with Study1BR,1BA$1.61
8715 Fowler Ave, Unit 28715 Fowler Ave1BR,1BA$2.29

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.

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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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Pet Friendly Lifestyle
North Central Pensacola, 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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Frequently Asked Questions about Cheap North Central Pensacola Apartments

What types of apartments are the cheapest in North Central Pensacola?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in North Central Pensacola that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Central Pensacola?

Cheap apartments in North Central Pensacola have an average cost of $763 which is $1,462 cheaper than the average rent for all rentals in North Central Pensacola.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.