Palmilla Apartments
51 S Coyle St,
Pensacola, FL 32502
$1,802 - $4,644 | Studio - 3 Beds
Downtown Pensacola is a refreshing blend of its historic roots, diverse community, and waterfront attractions. Recognized as “Florida’s Greatest Place,” Downtown Pensacola is a one-stop-shop for everything both tourists and residents alike could want. Stunning views of Pensacola Bay, proximity to the beautiful shoreline at Pensacola Beach, and abundant entertainment options are just a few of the benefits of renting in downtown. Art and history play a major part in the city and can be explored and admired at the Pensacola Museum of Art of the Plaza de Luna Memorial Monument.
For some fun by the water, check out Vince J. Whibbs Sr. Community Maritime Park, home to the Blue Wahoos Stadium, an open-air amphitheater, and abundant green space. Local restaurants and bars are top-notch in downtown, including the Ruby Slipper Café, the Fish House, and Seville Quarter. Apartments in Downtown Pensacola range from affordable to upscale, so there’s something for everyone in this highly sought-after commercial district.
As of February 2025, the average apartment rent in Downtown Pensacola is $1,780 for a studio, $2,069 for one bedroom, $2,395 for two bedrooms, and $3,323 for three bedrooms. Apartment rent in Downtown Pensacola has increased by 18.9% in the past year.
Studio
732 sq ft
Average Sq Ft
$1,780/month
Average Rent
1 BR
684 sq ft
Average Sq Ft
$2,069/month
Average Rent
2 BR
1,059 sq ft
Average Sq Ft
$2,395/month
Average Rent
3 BR
1,342 sq ft
Average Sq Ft
$3,323/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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