
Cheap Apartments for Rent in Pensacola, FL from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Pensacola.


Lillian Square Apartments

Alabaster Gardens - 55+ Community

Chapins Landing

WillowBrook Apartments

Sandstones Apartments

Ember Ridge Apartments

Northwoods (C.H.A.M.)

The Pines at Warrington

Bay Oaks Condominiums

Hunters Pointe

3525 N Blue Angel Pkwy

5205 Charbar Dr

The Fountains Apartments - Phase I & II
Pensacola, FL Local Guide

How much does it cost to rent an apartment in Pensacola?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Pensacola Studio Apartments | $1,762 | $959 | $4,770 |
Cheap Pensacola 1 Bedroom Apartments | $1,543 | $900 | $2,788 |
Cheap Pensacola 2 Bedroom Apartments | $1,676 | $884 | $3,672 |
Cheap Pensacola 3 Bedroom Apartments | $2,012 | $700 | $4,793 |
Cheap Pensacola 4 Bedroom Apartments | $2,233 | $734 | $2,793 |
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Pensacola, FL Local Guide

- Pensacola Neighborhoods
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Cheapest Neighborhoods for Apartments in Pensacola, FL
Pricing Updated: 03/08/2025Current apartment rentals in the Pensacola, FL area range in price from $700 to $4,793 with an overall median price of $2,379. The three Pensacola neighborhoods with the lowest median rent pricing are Southeast Pensacola at $959, North Central Pensacola at $700, and Ferry Pass at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Pensacola Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Southeast Pensacola | $1,590 | $959 | 648 |
North Central Pensacola | $1,664 | $700 | 747 |
Ferry Pass | $1,685 | $700 | 2587 |
Greater Pensacola | $1,685 | $939 | 1059 |
Airport NE Pensacola | $1,702 | $720 | 1570 |
Northeast Pensacola | $1,721 | $959 | 1063 |
Ensley N Central Pensacola | $1,723 | $700 | 3156 |
Goulding SE Pensacola | $1,740 | $959 | 717 |
Travis Park Hunters Lake | $1,810 | $720 | 904 |
West Pensacola | $2,075 | $1,095 | 44 |
Cheapest Available Pensacola Apartments for Rent
 The cheapest available apartment rental in Pensacola, FL is a 3 Beds unit found at Arbours at Ensley in the North Central Pensacola neighborhood priced from $700. Lillian Square Apartments in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Pensacola apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Arbours at Ensley | 3X2 | 3BR,2BA | $700 |
Lillian Square Apartments | 1 Bedroom | 1BR,1BA | $900 |
Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $939 |
WillowBrook Apartments | Palm | 1BR,1BA | $1,000 |
Northwoods (C.H.A.M.) | 1br | 1BR,1BA | $1,065 |
Bay Oaks Condominiums | A21 | 1BR,1BA | $1,080 |
The Papillon | A1 | 1BR,1BA | $1,099 |
Whispering Woods | One Bed One Bath | 1BR,1BA | $1,100 |
The Laurel | A1 | 1BR,1BA | $1,109 |
Best Value Apartments for Rent in Pensacola, FL
As of March 09, 2025 the best value apartment in the Pensacola area is the $0.75 price per square foot 1912 Pinebrake Ln Model at 1912 Pinebrake Ln in the in the Airport NE Pensacola neighborhood starting from $1,850. The second greatest value Pensacola apartment is the 1912 Pinebrake Ln Model at 1912 Pinebrake Ln starting at $1,850 with a $0.75 price per square foot in the Airport NE Pensacola neighborhood. Here is today’s list of the best values for Pensacola apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1912 Pinebrake Ln | 1912 Pinebrake Ln | 4BR,3BA | $0.75 |
1912 Pinebrake Ln | 1912 Pinebrake Ln | 4BR,3BA | $0.75 |
1449 Little Creek Dr | 1449 Little Creek Dr | 3BR,2BA | $1.16 |
Pensacola Grand | 2 Bedroom | 2BR,2BA | $1.11 |
8435 Chisholm Rd | 8435 Chisholm Rd | 3BR,2BA | $1.08 |
122 Beech St | 122 Beech St | 2BR,1BA | $1.01 |
122 Beech St | 122 Beech St | 2BR,1BA | $1.01 |
Angel Cove | 2 Bedroom Ensuite | 2BR,2BA | $1.13 |
Parkside Grand | 1x1 | 1BR,1BA | $1.13 |
Arbours at Ensley | 2X2 | 2BR,2BA | $0.96 |
Three Angels Apartments | 2/2 Unit | 2BR,2BA | $1.16 |
College Vue | 2BR/2BA - A | 2BR,2BA | $1.14 |
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Pensacola Overview
In a seaport city that connects to the gorgeous Gulf of Mexico, Pensacola apartments are considered by many to be among some of the most desirable in all of the Florida panhandle region. Boasting the 'Whitest Sand Beaches in the World', this seaside hotspot effortlessly combines amenities and cultural relevance in equal measure.
Why live in Pensacola, FL?
Home to a number of scenic state parks, including the heralded Blue Lagoon Park, apartments in Pensacola have been on the rise in popularity for years. With a large number of retail and tourism-based jobs in the vicinity, this growing hot spot is a great place for families as well as young professionals to call home. From the excitement of the thriving downtown district to the quaint beach side shops and eateries that cater to the visitors, Pensacola is a gem of the Florida scene.
Pet Friendly LifestylePensacola, FL
Ranked #13
Among cities in Florida for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Pensacola, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pensacola, FL Rentals by Map
See the most popular apartments and homes in Pensacola, FL
Getting Around Pensacola, FL
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
Transit Score®
9 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Pensacola Apartments
What is the Cheapest Studio apartment in Pensacola?
Currently the most affordable Cheap Studio Apartment in Pensacola is at The 52 listed at $1,225.
How much is rent for a Cheap One Bedroom Pensacola Apartment?
The lowest price for a Cheap One Bedroom Pensacola Apartment is $900 at Lillian Square Apartments.
What is the lowest price for a Cheap Two Bedroom Pensacola Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pensacola is starting from $1,075 at Arbours at Ensley.
What is the most affordable Pensacola Three Bedroom Apartment?
The best deal on a cheap Pensacola Three Bedroom Apartment rental is at Arbours at Ensley and starts from $700.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.