
Cheap Apartments for Rent in the Southwest Pensacola Neighborhood of Pensacola, FL from $500 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Pensacola area of Pensacola.


4400 Lillian Hwy

5221 Statler Ave

Willowbrook

Lillian Square Apartments

The Pines at Warrington

908 N 57th Ave

Marina Sol

Alabaster Gardens - 55+ Community

The Laurel
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.

The Landings at Tiger Lily

Ember Ridge Apartments

1715 N S St

Total Monthly Price
8 Rowland Ct, Unit B

Myrtle Grove Villas

485 N Fairfield Dr

The Presidio

Total Monthly Price
696 S 72nd Ave, Unit D (upstairs)

Three Waters Green

Brownsville Manor Senior
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.

Forest Creek Apartments

The Altair Senior Apartment Living

Crow Road

Villas West

West Park Village

5020 Lillian Hwy

7318 Hayward Ave

510 N Q St

4 Ellis Dr

3903 W Gadsden St
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.

Morris Court II

2203 Eliasberg St

Oak Ridge Apartments

Belmont

718 Mills Ave

Broadmoor Manor

1218 N Kirk St

Whispering Woods

852 Garnet St

6366 W Fairfield Dr
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.

Marina Villas

509 Palomar Dr

56 Norwood Dr

Cypress Ridge Apartments

406 N S St

89 S Garfield Dr

601 N 61st Ave

The Palmiere

Jackson Street

2624 W De Soto St
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

How much does it cost to rent an apartment in Southwest Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Pensacola Studio Apartments | $3,339 | $3,339 | $3,339 |
| Southwest Pensacola 1 Bedroom Apartments | $1,421 | $950 | $2,132 |
| Southwest Pensacola 2 Bedroom Apartments | $1,660 | $964 | $5,364 |
| Southwest Pensacola 3 Bedroom Apartments | $1,823 | $1,360 | $3,928 |
| Southwest Pensacola 4 Bedroom Apartments | $3,664 | $1,900 | $5,428 |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 3 mile radius of the Southwest Pensacola Neighborhood of Pensacola, FL.
See all Apartments in PensacolaExplore Pensacola
Southwest Pensacola, Pensacola, FL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lillian Square Apartments | 1 Bedroom | 1BR,1BA | $950 |
| West Park Village | 1 Bed 1 Bath | 1BR,1BA | $975 |
| Marina Sol | 1x1 | 1BR,1BA | $999 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $1,002 |
| The Laurel | A1 | 1BR,1BA | $1,010 |
| Willowbrook | 2x1 | 2BR,1BA | $1,050 |
| Ember Ridge Apartments | 1x1B | 1BR,1BA | $1,099 |
| The Palmiere | A2 | 1BR,1BA | $1,199 |
| Jackson Street | 2 Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Presidio | C1- Three Bedroom | 3BR,2.5BA | $1.25 |
| The Landings at Tiger Lily | SPBZ | 2BR,2BA | $1.20 |
| Hunters Pointe | 2A - Spruce | 2BR,1BA | $1.30 |
| Whispering Woods | Two Bedroom One Bath | 2BR,1BA | $1.33 |
| The Lakes at Nottingham | 2 Bedroom / 1 Bathroom Gold | 2BR,1BA | $1.47 |
| 696 S 72nd Ave, Unit D (upstairs) | 696 S 72nd Ave | 2BR,1BA | $1.32 |
| Willowbrook | 2x1 | 2BR,1BA | $1.12 |
| Lillian Square Apartments | 2 Bedroom | 2BR,1BA | $1.41 |
| Jackson Street | 2 Bedroom | 2BR,1BA | $1.41 |
| Marina Sol | 1x1 | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSouthwest Pensacola, Pensacola, FL
Ranked #5
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southwest Pensacola, Pensacola, FL
School data provided by Great Schools
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

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.

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.

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.

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.