Apartments for Rent in Pensacola, FL

Prices and availability in Pensacola, FL were last updated on 22 Jun 2026.

The best apartments in Pensacola, FL are: The Ascend at Pensacola Bay, The Overlook at Pensacola Bay, The Altair Senior Apartment Living, Savoy Place and Bay Oaks Condominiums I.

The average rent in Pensacola, FL is $1,572.

The price range for a 1-bedroom apartment in Pensacola, FL is between $959 and $1,500.

The price range for a 2-bedroom apartment in Pensacola, FL is between $1,150 and $2,250.

The price range for a 3-bedroom apartment in Pensacola, FL is between $1,700 and $2,500.

In Pensacola, 36% of the residents are renting compared to 64% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Pensacola's rentals, 54% are small-scale complexes with under 50 units, and 30% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Pensacola are about 39 years old, on average. Of these, 28% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 94% of the rental communities here are low-rise, garden-style communities, 11% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Pensacola are around 2% of rentals, while 1-bedroom floor plans represent 39% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.