911 N Spring St
PensacolaFL32501
Cheap Homes for Rent in Downtown Pensacola Neighborhood of Pensacola, FL from $900 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Pensacola area of Pensacola.
161 E Strong St
PensacolaFL32501
157 E Strong St
PensacolaFL32501
1017 W Belmont St
PensacolaFL32501
1214 N Hayne St
PensacolaFL32503
420 E Lloyd St
PensacolaFL32503
224 E Garden St
PensacolaFL32502
1808 W St Joseph Ave
PensacolaFL32501
410 E Lloyd St
PensacolaFL32503
2105 Magnolia Ave
PensacolaFL32503
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
312 E Brainerd St
PensacolaFL32503
1600 W Romana St
PensacolaFL32502
2389 N 18th Ave
PensacolaFL32503
1014 W Cervantes St
PensacolaFL32501
1215 N C St
PensacolaFL32501
2510 N Tarragona St
PensacolaFL32503
1111 N U St
PensacolaFL32505
1114 N Q St
PensacolaFL32505
Showing Results 1-18, Page 1 of 1
Downtown Pensacola, Pensacola, FL Local Guide
How much does it cost to rent a home in Downtown Pensacola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Pensacola 2 Bedroom Homes for Rent | $1,895 | $995 | $3,700 |
| Downtown Pensacola 3 Bedroom Homes for Rent | $2,209 | $1,250 | $3,750 |
| Downtown Pensacola 4 Bedroom Homes for Rent | $2,181 | $1,450 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Pensacola Neighborhood of Pensacola, FL.
Explore Pensacola
Downtown Pensacola, Pensacola, FL Local Guide
- Nearby Pensacola neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Downtown Pensacola Apartments for Rent
The cheapest available apartment rental in the Downtown Pensacola area of Pensacola, FL is a 1 Bed unit found at Alabaster Gardens - 55+ Community priced from $939. Ashley Club has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,189. Here are the most affordable Downtown Pensacola apartments for rent in Pensacola, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $939 |
| Ashley Club | 1x1 Large - Bay | 1BR,1BA | $1,189 |
| The Overlook at Pensacola Bay | B2 | 2BR,1BA | $1,299 |
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1,300 |
| Savoy Place | Belmont | 2BR,2BA | $1,585 |
Best Value Apartments for Rent in Downtown Pensacola, FL
As of April 17, 2025 the best value apartment in the Downtown Pensacola area is the $1.70 price per square foot B1 Model at The Overlook at Pensacola Bay in the in the Greater Pensacola neighborhood starting from $1,399. The second greatest value Downtown Pensacola apartment is the Belmont Model at Savoy Place starting at $1,585 with a $1.93 price per square foot in the Goulding SE Pensacola neighborhood. Here is today’s list of the best values for Downtown Pensacola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Overlook at Pensacola Bay | B1 | 2BR,1BA | $1.70 |
| Savoy Place | Belmont | 2BR,2BA | $1.93 |
| Marina Villas | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
| Palmilla Apartments | A1 | 1BR,1BA | $2.65 |
| Ashley Club | 1x1 - Bayou Upgrade | 1BR,1BA | $1.77 |
| Alabaster Gardens - 55+ Community | One Bedroom | 1BR,1BA | $1.42 |
| Southtowne Apartments | Palm | 1BR,1BA | $3.24 |
Quick 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.
Let everyone know!
Do you know the Downtown Pensacola area?
If you’re an expert on all things Downtown Pensacola, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Downtown Pensacola
What type of rentals are currently available in Downtown Pensacola?
There are currently 88 Apartments for Rent in Downtown Pensacola, FL with pricing that ranges from $939 to $3,256. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Pensacola ranging from $975 to $3,750.
What is the current price range for Rental Homes in Downtown Pensacola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Pensacola ranges from $975 to $3,750 with an average monthly rent of $1,928.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.
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.