Apartments for Rent in Pensacola, FL

Prices and availability in Pensacola, FL were last updated on 15 May 2026.

The best apartments in Pensacola, FL are: The Ascend at Pensacola Bay, Bay Oaks Condominiums II, Savoy Place, The Overlook at Pensacola Bay 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 $1,655.

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

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 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.

Rental apartments in Pensacola come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 39% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Pensacola. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.