Cheap Apartments for Rent in the Southwest Pensacola Neighborhood of Pensacola, FL from $500 (63 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

Total Monthly Price

Base Rent
$700 - $975

Total Monthly Price
$700 - $975

1 Bedroom, 1 Bath Home for Rent

Available Now

555 N 68th Ave

PensacolaFL32506
property at 4400 Lillian Hwy

$750 - $950

Total Monthly Price

Total Monthly Price

Base Rent
$750 - $950

Total Monthly Price
$750 - $950

Studio, 1 Bath Home for Rent

Available Now

4400 Lillian Hwy

PensacolaFL32506

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.

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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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.

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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
property at 718 Mills Ave

$995

2 Bedroom, 1 Bath Home for Rent

Available Now

718 Mills Ave

PensacolaFL32507
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Broadmoor Manor
1 Bedroom Apartments

Broadmoor Manor

216 Broadmoor LnPensacola, FL 32507
property at 1218 N Kirk St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

1218 N Kirk St

PensacolaFL32505
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Whispering Woods
1 to 2 Bedroom Apartments

Whispering Woods

585 S 72nd AvePensacola, FL 32506
  • Utilities Included
property at 852 Garnet St

$1,150

3 Bedroom, 1.5 Bath Home for Rent

Available Now

852 Garnet St

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.

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Marina Villas
1 to 2 Bedroom Apartments

Marina Villas

1275 Mahogany Mill RdPensacola, FL 32507
  • Utilities Included
property at 601 N 61st Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 2 Bath Townhome for Rent

Available Now

601 N 61st Ave

PensacolaFL32506
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The Palmiere
1 to 3 Bedroom Apartments

The Palmiere

4435 Marlane DrPensacola, FL 32526
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Jackson Street
Studio to 2 Bedroom Apartments

Jackson Street

4607 W Jackson StPensacola, FL 32506

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 1 Bed unit found at Lillian Square Apartments priced from $950. West Park Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Southwest Pensacola apartments for rent in Pensacola, FL:

Apartment ListingModel NameBed/BathPriced From
Lillian Square Apartments1 Bedroom1BR,1BA$950
West Park Village1 Bed 1 Bath1BR,1BA$975
Marina Sol1x11BR,1BA$999
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$1,002
The LaurelA11BR,1BA$1,010
Willowbrook2x12BR,1BA$1,050
Ember Ridge Apartments1x1B1BR,1BA$1,099
The PalmiereA21BR,1BA$1,199
Jackson Street2 Bedroom2BR,1BA$1,200

Best Value Apartments for Rent in Southwest Pensacola, FL

As of July 25, 2026 the best value apartment in the Southwest Pensacola area is the $1.25 price per square foot C1- Three Bedroom Model at The Presidio in the in the Southwest Pensacola neighborhood starting from $1,475. The second greatest value Southwest Pensacola apartment is the SPBZ Model at The Landings at Tiger Lily starting at $1,233 with a $1.20 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.
The PresidioC1- Three Bedroom3BR,2.5BA$1.25
The Landings at Tiger LilySPBZ2BR,2BA$1.20
Hunters Pointe2A - Spruce2BR,1BA$1.30
Whispering WoodsTwo Bedroom One Bath2BR,1BA$1.33
The Lakes at Nottingham2 Bedroom / 1 Bathroom Gold2BR,1BA$1.47
696 S 72nd Ave, Unit D (upstairs)696 S 72nd Ave2BR,1BA$1.32
Willowbrook2x12BR,1BA$1.12
Lillian Square Apartments2 Bedroom2BR,1BA$1.41
Jackson Street2 Bedroom2BR,1BA$1.41
Marina Sol1x11BR,1BA$1.28

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
Southwest Pensacola, Pensacola, FL

Ranked #5

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 Lillian Square Apartments which is listed at $950, while the average apartment in Southwest Pensacola costs $16,564.

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 17 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 $140 which is $16,424 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 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.