Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Pensacola area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Pensacola, FL

1 - 1 of 1 Result
28
$420
Brownsville Manor Senior
2910 W Desoto St Pensacola, FL
1 BR | Available Now
Contact
Air Conditioning
1 - 1 of 1 Results

All Apartments in Pensacola, FL

30 Results
33
$800
Fairfield Manor
3390 W Park Pl Pensacola, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
41
$3,240
Pensacola
4034 Barrancas Ave Pensacola, FL
Studio | Ask for Availability
Contact
Air Conditioning
Covered Parking
12
$1,362 - 1,629
Briarwood Condominiums
Deal
1040 E Olive Rd Pensacola, FL
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
24
$1,575
Pensacola - University Mall
809 Bloodworth Ln Pensacola, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
12
$1,053 - 1,660
Jasmine Creek Apartments
Deal
1878 E Nine Mile Rd Pensacola, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
24
$1,391
Pensacola - Northeast
12050 Scenic Hwy Pensacola, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
29
$1,451
Pensacola - Northwest
2310 W Detroit Blvd Pensacola, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
0
$2,200
Lakeshore Preserve
7486 Oak Lake Blvd Pensacola, FL
4 BR | Available Now
Contact
Dog Friendly
House
Dishwasher
29
$2,195
New Construction Home Near Downtown Pensacola
1011 N K St Pensacola, FL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
19
$1,347 - 2,017
Pensacola Grand
9091 Airway Dr Pensacola, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
14
$1,295
261 Chestnut Street Pensacola. Move In Special!! $250 Off 1st Months Rent!!!
261 Chestnut St Pensacola, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
9
$795
1 Bedroom 1 Bath Apartment For Rent In Pensacola - All Utilities Included!
3206 W Gadsden St Pensacola, FL
1 BR | Available Now
Contact
House
30
$1,631 - 2,332
Angel Landing
9885 N Loop Rd Pensacola, FL
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
20
$1,435 - 2,245
Parkside Grand
9095 Airway Dr Pensacola, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
16
$1,195
N. 61st Ave. 1440
1440 N 61st Ave Pensacola, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
26
$1,925
West Pensacola Charm
1931 Coral Island RD Pensacola, FL
3 BR | Available Now
Contact
Dog Friendly
House
Dishwasher
42
$749 - 909
PER
ROOM
College Vue
Deal
9823 Utopia Dr Pensacola, FL
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
11
$1,274
3809 Creighton RD
Pensacola, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
15
3D Tour
$720 - 865
PER
ROOM
The Edge
10300 University Parkway Pensacola, FL
3 - 5 BR | Aug. 15, 2025
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
18
$1,295
Bloodworth Ln 1129
1129 Bloodworth Ln Pensacola, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
Pool
21
$1,975
Pensacola Beautiful
254 Cottage View Dr Pensacola, FL
4 BR | Available Now
Contact
Dog Friendly
House
Storage
Dishwasher
21
$1,395
905 W Belmont St. Move In Special!! $250 Off 1st Months Rent!!!
905 W Belmont St Pensacola, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Disability Access
25
$1,271 - 1,769
Angel Cove
9890 N Loop Rd Pensacola, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$2,095
A Classic On Classic 3bd/2ba Single Family Home!
3009 Classic Dr Pensacola, FL
3 BR | Available Now
Contact
Dog Friendly
House
Balcony/Deck/Patio
Storage
Dishwasher
22
$1,301
Tanglewood Luxury Apartments
4470 Spanish Trail Pensacola, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
5
$1,050
4353 Perdido St Unit D
Pensacola, FL
1 BR | Available Now
Contact
Air Conditioning
5
$1,050
7706 W Fairfield Dr Unit 5
Pensacola, FL
1 BR | Available Now
Contact
Air Conditioning
1
$1,395
105 Georgia Dr: Move In Special!! $250 Off 1st Months Rent!!!
105 Georgia Dr Pensacola, FL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Disability Access
5
$1,050
7706 W Fairfield Dr Unit 6
Pensacola, FL
1 BR | Available Now
Contact
Air Conditioning
1
$1,295
8170 Kause Rd
Pensacola, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
  1. Home
  2. Pensacola
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Pensacola, FL on Rentable.co?

There is 1 apartment under $500 in Pensacola currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Pensacola?

Rentable.co has 1 studio apartment under $500 available for rent in Pensacola.

How many one-bedroom apartments under $500 are available in Pensacola?

Rentable.co has 106 one-bedroom apartments under $500 available for rent in Pensacola.

How many two-bedroom apartments under $500 are available in Pensacola?

Rentable.co has 259 two-bedroom apartments under $500 available for rent in Pensacola.

Can I afford a apartment under $500 in Pensacola, FL?

To comfortably afford a apartment under $500 in Pensacola based on average rent prices, a household would need an annual income of $17,000.

Apartments Under $500 in Pensacola, FL: December Rental Information

Welcome to the December 2024 Pensacola Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Pensacola rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Pensacola and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for affordable apartments in Pensacola.

This report aims to assist prospective renters in making informed decisions about their housing options in the Pensacola area, taking into account their budget constraints and preferences. Whether you are a student on a tight budget or simply seeking affordable housing, this report will provide valuable information to help you find an apartment under $500 in Pensacola.
0 5 10 15 20 <$800 $840 $920 $1,000 $1,080 $1,160 $1,240 $1,320 $1,400 $1,480 $1,560 $1,640 $1,720 $1,800 $1,880 $1,960
This month, the typical cost to rent a one-bedroom apartment in Pensacola stands at $1,050, with the majority falling between $820 and $1,970. Out of the 419 one-bedroom apartments currently on the market in Pensacola, 3 are priced below $500, accounting for 1% of the total available one-bedroom units in Pensacola.

Available Apartments Under $500: Pensacola vs. Surrounding Areas

Pensacola, FL
4
In December 2024, Rentable's apartment search website has found a total of 4 available apartments under $500 in the Pensacola, FL metro area. This area includes the city of Pensacola as well as its surrounding cities such as Orange Beach, Gulf Breeze, Milton, Cantonment, Navarre, Pace, and Lillian. These apartments offer an affordable option for those looking to live in this vibrant coastal region without breaking the bank. With a variety of options available, prospective renters can easily find an apartment that suits their needs and budget.

Apartments Under $500 Now vs. Last Month: Pensacola and Surrounding Areas

City Apartments Under $500 in December M/M % Change
Pensacola, FL 5 +1.09%

Looking for Apartments Under $500 in Pensacola?

Available apartments under $500 384
Top amenities Dishwasher, Balcony/Deck/Patio, Business Center, Off Street Parking, Garage Detached
Pet friendly 1
1 Bedroom 3
2 Bedroom 1
4 Bedroom 1
Browse Pensacola Apartments
Pensacola Apartments by Bedrooms
Pensacola Apartments by Affordability
Pensacola Apartments with Amenities
Pensacola Apartments by Type
Colleges Near Pensacola
Pensacola Apartments by Zip Code