Apartments for Rent in Pensacola, FL

Prices and availability in Pensacola, FL were last updated on 30 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 $3,000.

The price range for a 3-bedroom apartment in Pensacola, FL is between $1,700 and $4,250.

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.

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.