Apartments for Rent in Pensacola, FL

Prices and availability in Pensacola, FL were last updated on 10 Jul 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 $1,015 and $1,500.

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

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.

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.