Pensacola, FL Rental Market Trends
What is the average rent in Pensacola?
The average rent for an apartment in Pensacola is $1,299, a 18% increase compared to the previous year.
Average Rent in Pensacola, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,299||18%||1,000 sq. ft.|
What is the average apartment size in Pensacola?
The average size for a Pensacola, FL apartment is 1,000 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Pensacola, FL Apartment Rent Ranges
Pensacola, FL Occupied Housing Units
10,201 or 46% of the households in Pensacola, FL are renter-occupied while 11,879 or 53% are owner-occupied.
Pensacola, FL Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Aug / 2021|
Average Rent in Pensacola, FL By Neighborhood
|Seville Historic District - Aragon||$1,689|
|St. John's Coalition||$1,261|
|Brittany Forge - Bay Cliff Estates||$1,251|
|D'evereux - La Belle Terre||$1,251|
|Woodcliff - Scenic Hills||$1,251|
|Reserve At Carpenters Creek||$1,194|
|East Pensacola Heights||$1,116|
|Palafox Industrial Park||$1,096|
What are the most affordable neighborhoods in Pensacola?
The most affordable neighborhoods in Pensacola are Pensacola Beach, where the average rent goes for $880/month, Bayou Grove, where renters pay $1,054/mo on average, and Palafox Industrial Park, where the average rent goes for $1,096/mo. If you’re looking for other great deals, check out the listings from East Hill ($1,116), East Pensacola Heights ($1,116), and Inverness ($1,116), where the asking prices are below the average Pensacola rent of $1,299/mo.
What are the most expensive neighborhoods in Pensacola?
The most expensive neighborhoods in Pensacola are Dunmire Woods ($1,288), Downtown Pensacola ($1,689) and Seville Historic District - Aragon ($1,689).
What are the most popular neighborhoods in Pensacola?
The most popular neighborhood in Pensacola is Downtown Pensacola, where there are 2 verified RENTCafé listings with an average rent of $1,689. Next up is Eastgate, where apartments go for $1,251/month, followed by Mallory Heights with $1,116 If you’re looking to rent in Pensacola’s most popular neighborhoods, make sure to also check out North Hill, where renters pay $1,116 on average, and Scenic Heights, where the average monthly rent is $1,251.
Pensacola | Rent Comparison by Neighborhood
Rent in Bay Oaks is 19% higher than in Bayou Grove
Bay Oaks rent is 4% lower than Pensacola average
Bayou Grove rent is 19% lower than Pensacola average
How Pensacola Compares to Other Cities
|Average Rent||Y-o-Y Change|
|Panama City Beach||$1,664||15%|
|Fort Walton Beach||$1,330||13%|