Cheap Apartments for Rent near Perdido Key, FL from $950 (35 Rentals)

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

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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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
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Crow Road
2 Bedroom Apartments

Crow Road

290 Crow RdPensacola, FL 32506
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West Park Village
Studio to 2 Bedroom Apartments

West Park Village

4712 W Fairfield DrPensacola, FL 32506
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Morris Court II
1 to 3 Bedroom Apartments

Morris Court II

1200 N M StPensacola, FL 32501
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Belmont
2 Bedroom Apartments

Belmont

2110-2180 Belmont St WPensacola, FL 32505
  • Utilities Included

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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The Laurel
1 to 3 Bedroom Apartments

The Laurel

1665 Dogwood Place ApartmentsPensacola, FL 32505
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Whispering Woods
1 to 2 Bedroom Apartments

Whispering Woods

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

Marina Villas

1275 Mahogany Mill RdPensacola, FL 32507
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Jackson Street
Studio to 2 Bedroom Apartments

Jackson Street

4607 W Jackson StPensacola, FL 32506
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The Presidio
1 to 3 Bedroom Apartments

The Presidio

100 Redwood CirPensacola, FL 32506
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Angel Cove
1 to 3 Bedroom Apartments

Angel Cove

9890 N Loop RdPensacola, FL 32507
Corporate Housing

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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Villas West
Studio to 2 Bedroom Apartments

Villas West

9 Villa DrPensacola, FL 32506
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Showing Results 1-35, Page 1 of 1

Perdido Key, FL Local Guide

Cheapest Available Perdido Key Apartments for Rent and Nearby

 

The cheapest available apartment rental in Perdido Key, FL is a 1 Bed unit found at Marina Sol in the Southwest Pensacola neighborhood priced from $999. The Landings at Tiger Lily in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,037. Here is today’s list of the most affordable Perdido Key apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Marina Sol1x11BR,1BA$999
The Landings at Tiger LilySPAZ1BR,1BA$1,037
Willowbrook2x12BR,1BA$1,050
Ember Ridge Apartments1x1 Bearcat1BR,1BA$1,099
Angel Cove1 Bedroom1BR,1BA$1,239
West Park Village2 Bed 2 Bath2BR,2BA$1,250
Marina Villas2 Bed 2 Bath2BR,2BA$1,300
Whispering WoodsTwo Bedroom One Bath2BR,1BA$1,300
Hunters PointeWillow2BR,1BA$1,330
Angel Landing1 Bedroom Balcony1BR,1BA$1,350

Best Value Apartments for Rent in Perdido Key, FL and Nearby

As of September 05, 2026 the best value apartment in the Perdido Key area is the $1.41 price per square foot Carson Model at Preserve at Perdido Apartments in the in the Southwest Pensacola neighborhood starting from $1,953. The second greatest value Perdido Key apartment is the Three Bedroom Two Bath Model at The Pines at Warrington starting at $1,500 with a $1.24 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.
Preserve at Perdido ApartmentsCarson3BR,2BA$1.41
The Pines at WarringtonThree Bedroom Two Bath3BR,2BA$1.24
Angel Landing2 Bedroom Balcony2BR,2BA$1.39
Crystal LakeWaverly2BR,2BA$1.51
Whispering WoodsTwo Bedroom One Bath2BR,1BA$1.33
The Lakes at Nottingham2 Bedroom / 1 Bathroom Gold2BR,1BA$1.49
Angel Cove1 Bedroom (HC Accessible)1BR,1BA$1.34
Marina Sol1x11BR,1BA$1.28
The Landings at Tiger LilySPAZ1BR,1BA$1.34
Willowbrook1x11BR,1BA$1.55

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Perdido Key, FL Rentals by Map

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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 $999 at Marina Sol.

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 $1,099 at Marina Sol.

What is the most affordable Perdido Key Three Bedroom Apartment?

The best deal on a cheap Perdido Key Three Bedroom Apartment rental is at The Landings at Tiger Lily and starts from $1,419.

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

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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.

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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.

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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.

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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.