Cheap Apartments for Rent in the Perdido Key Neighborhood of Pensacola, FL from $1,500 (16 Rentals)

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

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Palacio at Perdido
2 to 3 Bedroom Apartments

Palacio at Perdido

13661 Perdido Key DrPensacola, FL 32507
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Sailmaker's Place
3 to 5 Bedroom Apartments

Sailmaker's Place

13928 River RdPensacola, FL 32507
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LA Playa
Studio Apartments

LA Playa

13555 Sandy Key DrPensacola, FL 32507

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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13700 Perdido Key Dr
2 Bedroom Apartments

13700 Perdido Key Dr

13700 Perdido Key DrPensacola, FL 32507
Furnished

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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Harbour Pointe
Studio Apartments

Harbour Pointe

154 Ethel WingatePensacola, FL 32507

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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Phoenix X Condominiums
2 Bedroom Apartments

Phoenix X Condominiums

29576 Perdido Beach BlvdOrange Beach, AL 36561
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Cheapest Available Perdido Key Apartments for Rent

 

The cheapest available apartment rental in the Perdido Key area of Pensacola, FL is a 1 Bed unit found at Altura at Perdido Key priced from $1,724. San Anton at Lost Key Golf & Beach Club has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,200. Here are the most affordable Perdido Key apartments for rent in Pensacola, FL:

Apartment ListingModel NameBed/BathPriced From
Altura at Perdido KeyA21BR,1BA$1,724
San Anton at Lost Key Golf & Beach Club2 Beds, 2 Baths2BR,2BA$2,200
Santo Amaro3 Beds, 2 Baths3BR,2BA$2,800

Best Value Apartments for Rent in Perdido Key, FL

As of July 27, 2026 the best value apartment in the Perdido Key area is the $1.61 price per square foot 3 Beds, 2 Baths Model at Santo Amaro in the in the Southwest Pensacola neighborhood starting from $2,800. The second greatest value Perdido Key apartment is the 2 Beds, 2 Baths Model at San Anton at Lost Key Golf & Beach Club starting at $2,200 with a $1.48 price per square foot in the Southwest Pensacola neighborhood. Here is today’s list of the best values for Perdido Key apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Santo Amaro3 Beds, 2 Baths3BR,2BA$1.61
San Anton at Lost Key Golf & Beach Club2 Beds, 2 Baths2BR,2BA$1.48
Altura at Perdido KeyA51BR,1BA$2.63

Frequently Asked Questions about Cheap Perdido Key Apartments

How much is rent for a Cheap One Bedroom Perdido Key Apartment?

The lowest price for a Cheap One Bedroom Perdido Key Apartment is $1,724 at Altura at Perdido Key.

What is the lowest price for a Cheap Two Bedroom Perdido Key Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Perdido Key is starting from $2,200 at San Anton at Lost Key Golf & Beach Club.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.