Cheap Apartments for Rent in the Southwest Pensacola Neighborhood of Pensacola, FL from $500 (66 Rentals)

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

property at 555 N 68th Ave
$700 - $975

Total Monthly Price

Base Rent$700 - $975

Total Monthly Price$700 - $975
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

555 N 68th Ave

PensacolaFL32506
property at 4400 Lillian Hwy
$750 - $950

Total Monthly Price

Base Rent$750 - $950

Total Monthly Price$750 - $950
Studio, 1 Bath Home for Rent
Available Now
Furnished

4400 Lillian Hwy

PensacolaFL32506
property at 99 S 3rd St
$1,100 - $1,275
1 To 2 Bedroom Rentals
Available Now
Affordability

99 S 3rd St

PensacolaFL32507

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.

property at 3161 muldoon rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3161 muldoon rd

PensacolaFL32526

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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Millwood Apartments
2 Bedroom Apartments

Millwood Apartments

222 Weis LnPensacola, FL 32507
  • Utilities Included
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Crow Road
2 Bedroom Apartments

Crow Road

290 Crow RdPensacola, FL 32506
Corporate Housing
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Villas West
2 Bedroom Apartments

Villas West

12 Villa DrPensacola, FL 32506
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West Park Village
Studio to 2 Bedroom Apartments

West Park Village

4712 W Fairfield DrPensacola, FL 32506

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.

property at 7318 Hayward Ave
$910
2 To 3 Bedroom Rentals
Available Now
Affordability

7318 Hayward Ave

PensacolaFL32526
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Morris Court II
1 to 3 Bedroom Apartments

Morris Court II

1200 N M StPensacola, FL 32501
  • Utilities Included
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Oak Ridge Apartments
1 to 2 Bedroom Apartments

Oak Ridge Apartments

7201 Bruner StPensacola, FL 32526
  • Utilities Included
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Belmont
2 Bedroom Apartments

Belmont

2110-2180 Belmont St WPensacola, FL 32505
  • Utilities Included
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The Laurel
1 to 3 Bedroom Apartments

The Laurel

1665 Dogwood Place ApartmentsPensacola, FL 32505
  • 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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Broadmoor Manor
1 Bedroom Apartments

Broadmoor Manor

216 Broadmoor LnPensacola, FL 32507
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Whispering Woods
1 to 2 Bedroom Apartments

Whispering Woods

585 S 72nd AvePensacola, FL 32506
  • Utilities Included
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Marina Villas
1 to 2 Bedroom Apartments

Marina Villas

1275 Mahogany Mill RdPensacola, FL 32507
  • Utilities Included
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The Palmiere
1 to 3 Bedroom Apartments

The Palmiere

4435 Marlane DrPensacola, FL 32526

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.

Southwest Pensacola, Pensacola, FL Local Guide

Cheapest Available Southwest Pensacola Apartments for Rent

 

The cheapest available apartment rental in the Southwest Pensacola area of Pensacola, FL is a Studio unit found at West Park Village priced from $850. Marina Sol has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Southwest Pensacola apartments for rent in Pensacola, FL:

Apartment ListingModel NameBed/BathPriced From
West Park VillageStudioStudio,1BA$850
Marina Sol1x11BR,1BA$999
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$1,002
The Landings at Tiger LilySPAZ1BR,1BA$1,037
Ember Ridge Apartments1x1 Bearcat1BR,1BA$1,099
Willowbrook1x11BR,1BA$1,150
Myrtle Grove Villas2 Bed 1 Bath2BR,1BA$1,150

Best Value Apartments for Rent in Southwest Pensacola, FL

As of September 08, 2026 the best value apartment in the Southwest Pensacola area is the $0.94 price per square foot 3/2.5 TH w 1 car garage Model at Three Angels Apartments in the in the Southwest Pensacola neighborhood starting from $1,625. The second greatest value Southwest Pensacola apartment is the 2 Bedroom Sunroom Model at Angel Landing starting at $1,551 with a $1.25 price per square foot in the Southwest Pensacola neighborhood. Here is today’s list of the best values for Southwest Pensacola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Three Angels Apartments3/2.5 TH w 1 car garage3BR,2.5BA$0.94
Angel Landing2 Bedroom Sunroom2BR,2BA$1.25
The Pines at WarringtonThree Bedroom Two Bath3BR,2BA$1.24
Whispering WoodsTwo Bedroom One Bath2BR,1BA$1.33
The PalmiereB12BR,1.5BA$1.33
696 S 72nd Ave, Unit D (upstairs)696 S 72nd Ave2BR,1BA$1.26
Angel Cove1 Bedroom (HC Accessible)1BR,1BA$1.33
Myrtle Grove Villas2 Bed 1 Bath2BR,1BA$1.35
Marina Sol1x11BR,1BA$1.28
The Landings at Tiger LilySPAZ1BR,1BA$1.34

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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
Southwest Pensacola, Pensacola, FL

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Pensacola. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, places to raise kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Southwest Pensacola Apartments

What is the price of a cheap apartment in Southwest Pensacola?

The cheapest apartment in Southwest Pensacola is Marina Sol which is listed at $999, while the average apartment in Southwest Pensacola costs $1,495.

What types of apartments are the cheapest in Southwest 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 20 regular apartments in Southwest 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 Southwest Pensacola?

Cheap apartments in Southwest Pensacola have an average cost of $159 which is $1,336 cheaper than the average rent for all rentals in Southwest 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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.