Apartments for Rent in Pensacola, FL

Prices and availability in Pensacola, FL were last updated on 29 May 2026.

The best apartments in Pensacola, FL are: The Ascend at Pensacola Bay, The Altair Senior Apartment Living, Bay Oaks Condominiums I, Bay Oaks Condominiums II and 4232 Bonway Drive.

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

The price range for a 1-bedroom apartment in Pensacola, FL is between $975 and $1,700.

The price range for a 2-bedroom apartment in Pensacola, FL is between $1,150 and $1,850.

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

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 average age of rental buildings in Pensacola is 39 years old, with 28% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 94% are garden-style apartment communities, 11% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.