Apartments for Rent in Pensacola, FL

Prices and availability in Pensacola, FL were last updated on 18 May 2026.

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

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

The price range for a 1-bedroom apartment in Pensacola, FL is between $959 and $1,655.

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 $2,350.

In Pensacola 36% of the housing is rented out compared to 64% of homes are owned, according to the most recent Census Bureau estimates. 16% of Pensacola's apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 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.