Cheap Apartments for Rent in the Greater Pensacola Neighborhood of Pensacola, FL from $800 (27 Rentals)

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

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Fairfield Manor
1 to 2 Bedroom Apartments

Fairfield Manor

3390 West Park PlPensacola, FL 32501
Senior Living
  • Utilities Included
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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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Villas of East Hill
1 Bedroom Apartments

Villas of East Hill

1177 E Lloyd StPensacola, FL 32503
  • Utilities Included
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Royce Village
2 Bedroom Apartments

Royce Village

538 Royce StPensacola, FL 32503
  • Utilities Included

Greater Pensacola, Pensacola, FL Local Guide

Cheapest Available Greater Pensacola Apartments for Rent

 

The cheapest available apartment rental in the Greater Pensacola area of Pensacola, FL is a 1 Bed unit found at Alabaster Gardens - 55+ Community priced from $939. Courtyard Apartments at Cordova has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,115. Here are the most affordable Greater Pensacola apartments for rent in Pensacola, FL:

Apartment ListingModel NameBed/BathPriced From
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$939
Courtyard Apartments at CordovaOne Bedroom1BR,1BA$1,115
Chapins Landing1x11BR,1BA$1,123
Beauclerc1 Bedroom1BR,1BA$1,150
Acasa Cordova Regency1 Bed 1 Bath1BR,1BA$1,200
Jamestown EstatesBayfront1BR,1BA$1,203
Tanglewood Luxury Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,256
Sterling Hills1 Bedroom/1 Bathroom-Gold1BR,1BA$1,265
The Overlook at Pensacola BayB22BR,1BA$1,299
Marcus Pointe Grande Apartment HomesWestchase1BR,1BA$1,349

Best Value Apartments for Rent in Greater Pensacola, FL

As of March 30, 2025 the best value apartment in the Greater Pensacola area is the $1.68 price per square foot 2x2 Upgrade Model at Arbor Club in the in the Greater Pensacola neighborhood starting from $1,641. The second greatest value Greater Pensacola apartment is the Westchase Model at Marcus Pointe Grande Apartment Homes starting at $1,349 with a $1.43 price per square foot in the Greater Pensacola neighborhood. Here is today’s list of the best values for Greater Pensacola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor Club2x2 Upgrade2BR,2BA$1.68
Marcus Pointe Grande Apartment HomesWestchase1BR,1BA$1.43
The Overlook at Pensacola BayB12BR,1BA$1.70
Acasa Cordova Regency1 Bed 1 Bath1BR,1BA$1.55
Courtyard Apartments at CordovaOne Bedroom1BR,1BA$1.44
Sterling Hills1 Bedroom/1 Bathroom-Gold1BR,1BA$1.69
Beauclerc1 Bedroom1BR,1BA$1.53
Alabaster Gardens - 55+ CommunityOne Bedroom1BR,1BA$1.42
Chapins Landing1x11BR,1BA$1.73
Jamestown EstatesBayfront1BR,1BA$1.96

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Pet Friendly Lifestyle
Greater Pensacola, Pensacola, FL

Ranked #12

Among neighborhoods in Pensacola, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Greater Pensacola Apartments

What is the price of a cheap apartment in Greater Pensacola?

The cheapest apartment in Greater Pensacola is Alabaster Gardens - 55+ Community which is listed at $939, while the average apartment in Greater Pensacola costs $1,702.

What types of apartments are the cheapest in Greater 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 12 regular apartments in Greater 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 Greater Pensacola?

Cheap apartments in Greater Pensacola have an average cost of $102 which is $1,600 cheaper than the average rent for all rentals in Greater Pensacola.

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.