Pensacola, FL Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Pensacola is $1,460, a 0.22% decrease compared to the previous year, when the average rent was $1,463.
Studio Apartments at $1,424 offer the most budget-friendly option with 498 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 710 square feet for $1,308, balancing privacy and affordability.
Two-beedroom units at $1,531 offer 1,013 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,416 sq ft) for $2,253, suitable for larger households.
Average rent in Pensacola, FL
Last updated: February 21, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,460 | 886 sq. ft. |
| Studio | $1,424 | 498 sq. ft. |
| 1 Bed | $1,308 | 710 sq. ft. |
| 2 Beds | $1,531 | 1,013 sq. ft. |
| 3 Beds | $2,253 | 1,416 sq. ft. |
Pensacola, FL rent trends
Rental prices in Pensacola, FL have decreased by 0.22% over the past year. The average rent moved from $1,463 to $1,460.
What's the typical rent budget in Pensacola, FL?
The largest share of rentals in Pensacola, FL (71%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Pensacola, FL?
9,120 or 37% of the households in Pensacola, FL are renter-occupied while 15,859 or 63% are owner-occupied.
Most affordable neighborhoods in Pensacola?
Dunmire Woods $1,259/month
Whispers $1,295/month
East Pensacola Heights $1,310/month
All of these neighborhoods fall below the city wide average of $1,460/month.Average Rent in Pensacola, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Pensacola | $2,115 |
| College Heights | $1,530 |
| East Pensacola Heights | $1,310 |
| Whispers | $1,295 |
| Dunmire Woods | $1,259 |
/
Pensacola | Rent Comparison by Neighborhood
Rent in College Heights is 28% lower than in Downtown Pensacola
$1,530
College Heights rent is 5% higher than Pensacola average
Average Rent
$1,530
$2,115
Downtown Pensacola rent is 45% higher than Pensacola average
Average Rent
$2,115
How Pensacola Compares to Other Cities
| City | Average Rent |
|---|---|
| Pensacola | $1,460 |
| Jacksonville | $1,489 |
| Cape Coral | $1,691 |
| Kissimmee | $1,813 |
| Tampa | $1,997 |
| Miami | $2,710 |
| Fort Myers | $1,741 |
| North Port | $1,715 |
| Lakeland | $1,507 |
| Orlando | $1,793 |
| Port St. Lucie | $2,146 |
| Mobile, AL | $1,167 |
| Foley, AL | $1,507 |
| Daphne, AL | $1,384 |
| Fort Walton Beach, FL | $1,557 |
| Gulf Shores, AL | $1,461 |
| Fairhope, AL | $1,558 |
| Orange Beach, AL | $1,763 |
| Destin, FL | $1,941 |
| Milton, FL | $1,455 |
| Spanish Fort, AL | $1,592 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Pensacola apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.