Cheap Apartments for Rent in Pensacola, FL from $400 (54 Rentals)

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

property at 7706 Kipling St

7706 Kipling St

PensacolaFL32514
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Palafox Landing
2 to 3 Bedroom Apartments

Palafox Landing

7220 N Palafox StPensacola, FL 32503
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Crow Road
2 Bedroom Apartments

Crow Road

290 Crow RdPensacola, FL 32506
Corporate Housing
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Stoddert Place
1 to 3 Bedroom Apartments

Stoddert Place

150 Tiger Lily DrPensacola, FL 32506
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Villas West
2 Bedroom Apartments

Villas West

12 Villa DrPensacola, FL 32506
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Fairfield Manor
1 to 2 Bedroom Apartments

Fairfield Manor

3390 West Park PlPensacola, FL 32501
Senior Living
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Broadview Oaks
1 Bedroom Apartments

Broadview Oaks

6101 College PkyPensacola, FL 32504
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Villa Barcelona
Studio to 2 Bedroom Apartments

Villa Barcelona

220 Chase StPensacola, FL 32502
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West Park Village
Studio to 1 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 Gardens
1 Bedroom Apartments

Belmont Gardens

222 W Belmont StPensacola, FL 32501
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Essex Point
1 to 2 Bedroom Apartments

Essex Point

4501 E Johnson AvePensacola, FL 32514
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Belmont
2 Bedroom Apartments

Belmont

2110-2180 Belmont St WPensacola, FL 32505
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Oak Ridge Apartments
1 to 2 Bedroom Apartments

Oak Ridge Apartments

7201 Bruner StPensacola, FL 32526
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The Papillon
1 to 2 Bedroom Apartments

The Papillon

7270 Hilburn RdPensacola, FL 32504
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Whispering Woods
1 to 2 Bedroom Apartments

Whispering Woods

585 S 72nd AvePensacola, FL 32506
Senior Living
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Showing Results 1-50, Page 1 of 2

Pensacola, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Pensacola, FL

Pricing Updated: 03/26/2025

Current apartment rentals in the Pensacola, FL area range in price from $800 to $5,000 with an overall median price of $2,532. The three Pensacola neighborhoods with the lowest median rent pricing are Brownsville South Pensacola at $1,195, West Pensacola at $800, and Downtown Pensacola at $995. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Pensacola Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Brownsville South Pensacola$1,872$1,195131
West Pensacola$1,975$800121
Downtown Pensacola$2,000$995352
South Pensacola$2,047$1,195151
Northwest Pensacola$2,147$850348
Southeast Pensacola$2,222$995253
Ensley N Central Pensacola$2,300$1,095481
Goulding SE Pensacola$2,300$995459
Greater Pensacola$2,300$995300
North Central Pensacola$2,300$1,095213

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. The Pines at Warrington in the Southwest Pensacola neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $896. Here is today’s list of the most affordable Pensacola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbours at Ensley3X23BR,2BA$700
The Pines at WarringtonOne Bedroom One Bath1BR,1BA$896
WillowBrook ApartmentsPalm1BR,1BA$899
Lillian Square Apartments1 Bedroom1BR,1BA$900
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$939
West Park Village1 Bed 1 Bath1BR,1BA$975
Jasmine Creek Apartments1 BEDROOM/1 BATHROOM1BR,1BA$1,059
Northwoods (C.H.A.M.)1br1BR,1BA$1,075
Bay Oaks CondominiumsA221BR,1BA$1,080

Best Value Apartments for Rent in Pensacola, FL

As of March 26, 2025 the best value apartment in the Pensacola area is the $1.07 price per square foot The Hayden Model at Rock Ridge Estates in the in the Cantonement neighborhood starting from $2,785. The second greatest value Pensacola apartment is the 1449 Little Creek Dr Model at 1449 Little Creek Dr starting at $2,100 with a $1.11 price per square foot in the Southwest Pensacola neighborhood. Here is today’s list of the best values for Pensacola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rock Ridge EstatesThe Hayden5BR,3BA$1.07
1449 Little Creek Dr1449 Little Creek Dr3BR,2BA$1.11
Parkside Grand2x22BR,2BA$1.02
Arena Villas at Blue AngelHavana Townhome2BR,2.5BA$1.16
1507 Iroquois Ct1507 Iroquois Ct3BR,2.5BA$1.10
8435 Chisholm Rd8435 Chisholm Rd3BR,2BA$1.03
Arbours at Ensley2X22BR,2BA$0.96
Three Angels Apartments2/2 Unit2BR,2BA$1.16
College Vue2BR/2BA - A2BR,2BA$1.14
The Pines at WarringtonOne Bedroom One Bath1BR,1BA$1.12

Quick Rent Budget Calculator

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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 Lifestyle
Pensacola, FL

Ranked #17

Among cities in Florida for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Pensacola, FL

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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 $1,324.

How much is rent for a Cheap One Bedroom Pensacola Apartment?

The lowest price for a Cheap One Bedroom Pensacola Apartment is $896 at The Pines at Warrington.

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.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.

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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.