Cheap Apartments for Rent in the North Central Pensacola Neighborhood of Pensacola, FL from $400 (20 Rentals)

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

property at 6426 Wagner Rd

$1,300

3 To 4 Bedroom Rentals

Available Now

6426 Wagner Rd

PensacolaFL32505

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 656 Warner Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Jun 10

656 Warner Ave

PensacolaFL32514
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Palafox Landing
2 to 3 Bedroom Apartments

Palafox Landing

7220 N Palafox StPensacola, FL 32503
  • Utilities Included

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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Beauclerc
1 to 3 Bedroom Apartments

Beauclerc

200 E Burgess RdPensacola, FL 32503
  • Utilities Included
property at 6954 Woodley Dr

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 2 Bath Townhome for Rent

Available Now

6954 Woodley Dr

PensacolaFL32503
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Bennett Apartments
2 to 4 Bedroom Apartments

Bennett Apartments

8640 Jernigan RdPensacola, FL 32514
  • Utilities Included

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.

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 2 Beds unit found at The Cottages at Twin Lakes priced from $1,299. Bennett Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here are the most affordable North Central Pensacola apartments for rent in Pensacola, FL:

Apartment ListingModel NameBed/BathPriced From
The Cottages at Twin LakesB3 2x12BR,1BA$1,299
Bennett Apartments2x12BR,1BA$1,300
Arbours at Ensley3X23BR,2BA$1,330
Briarwood Rental Homes2 Bed 1 Bath2BR,1BA$1,375
Marcus Pointe Grande Apartment HomesMuirfield2BR,1BA$1,429

Best Value Apartments for Rent in North Central Pensacola, FL

As of April 21, 2026 the best value apartment in the North Central Pensacola area is the $1.09 price per square foot 2x2 Model at Parkside Grand in the in the North Central Pensacola neighborhood starting from $1,813. The second greatest value North Central Pensacola apartment is the 3X2 Model at Arbours at Ensley starting at $1,330 with a $1.03 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 Grand2x22BR,2BA$1.09
Arbours at Ensley3X23BR,2BA$1.03
Pensacola Grand1 Bedroom1BR,1BA$1.30
Pointe Grand Pensacola2 Bedroom, 2 Bathroom2BR,2BA$1.41
Marcus Pointe Grande Apartment HomesCaledonia2BR,1BA$1.32
Briarwood Rental Homes3 Bed 2 Bath3BR,2BA$1.51
The Cottages at Twin LakesB1 2x12BR,1BA$1.44
Bennett Apartments2x12BR,1BA$1.44
8715 Fowler Ave, Unit 18715 Fowler Ave2BR,1BA$1.67

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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 2 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 $332 which is $1,312 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 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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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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.