Last updated
Average Rent in Pensacola, FL & Rent Trends
Rent prices and market trends across 5 apartment communities in Pensacola, FL. Updated daily.
Market Average
$1,560/mo
▲ +34.8% from last month
Lowest Available
$803/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
115
available now
Price Cuts This Week in Pensacola, FL
7 listed units across 2 buildings in Pensacola, FL dropped their asking rent in the past 7 days, an average cut of $267/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Pensacola Furnished Apartments and Homes | Unit 8 | $2,350 | $1,700 | $650 |
| Pensacola Furnished Apartments and Homes | Unit 7 | $2,000 | $1,550 | $450 |
| Pensacola Furnished Apartments and Homes | Unit 9 | $2,375 | $2,000 | $375 |
| Pensacola Furnished Apartments and Homes | Unit 5 | $1,950 | $1,650 | $300 |
| Palmilla | Unit 108B | $1,892 | $1,838 | $54 |
| Pensacola Furnished Apartments and Homes | Unit 10 | $1,975 | $1,950 | $25 |
| Palmilla | Unit 217B | $2,995 | $2,978 | $17 |
Rent by Neighborhood in Pensacola, FL
Compare average rent across Pensacola, FL neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Downtown | $2,296 | ▲ $407 | $875 | 3 | 42 |
| Southeast Pensacola | $1,137 | ▼ $18 | $803 | 2 | 73 |
Is Rent Going Up or Down in Pensacola, FL?
As of August 2026, the average rent in Pensacola, FL is $1,560 per month across 5 apartment communities and 115 available units. Rents have increased $504 (34.8%) over the past month.
The most affordable option is Vista 17 at Cervantes starting at $803/mo. By unit type, a studio averages $1,600/mo, a 1-bedroom averages $1,830/mo, a 2-bedroom averages $1,296/mo, a 3-bedroom averages $2,412/mo, a 4-bedroom averages $2,591/mo.
Prices range from $803 to $5,000 per month. The most common price point is the $1,000 range, where 27 units are currently listed.
Pensacola, FL Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,438 | - | 5 |
| August 2026 | $1,951 | +$513 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Pensacola, FL
Rent Prices by Apartment in Pensacola, FL
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Vista 17 at Cervantes | $803/mo | $1,014/mo | 63 | 3 |
| Pensacola Bay Realty | $875/mo | $2,174/mo | 5 | 4.3 |
| Pensacola Furnished Apartments and Homes | $1,550/mo | $1,910/mo | 10 | 5 |
| Hometown Properties of the Gulf Coast | $1,600/mo | $2,364/mo | 10 | 4.6 |
| Palmilla | $1,727/mo | $2,293/mo | 27 | 4.3 |
Frequently Asked Questions About Rent in Pensacola, FL
What is the average rent in Pensacola, FL?
Is rent going up or down in Pensacola, FL?
What is the cheapest apartment in Pensacola, FL?
How much is a 1-bedroom apartment in Pensacola, FL?
How many apartments are available in Pensacola, FL?
What salary do I need to live comfortably in Pensacola, FL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$62,000/year
Based on the 30 percent rule, using our tracked average rent of $1,560/mo.
Comfortable income
$75,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($803/mo), you need to earn at least $32,000/year.
Median household income in Pensacola, FL is $72,699 , about 3% below the comfortable-living threshold.
Cost of living in Pensacola, FL
Overall prices in Pensacola, FL runs below the national average by about 4% (BEA Regional Price Parity index 95.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Pensacola, FL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,560 |
| Utilities | $364 |
| Groceries | $520 |
| Transportation | $868 |
| Healthcare | $423 |
| Other goods and services | $677 |
| Estimated total | $4,413/mo |
Population
54,011
Median household income
$72,699
Census median rent
$1,209/mo
Rent as % of income
29.5%
Median age
40.8
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Pensacola, FL Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Pensacola, FL Apartments
Browse all 5 communities with daily-updated pricing and availability.