Downtown Pensacola

Pensacola, FL

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Downtown Pensacola - Pensacola, FL

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A refreshing blend of big-city charm and waterfront relaxation

Waterfront Urban Restaurants Tourism Shopping Historic

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.

Rent Trends

As of March 2025, the average apartment rent in Downtown Pensacola is $1,813 for a studio, $2,050 for one bedroom, $2,442 for two bedrooms, and $3,825 for three bedrooms. Apartment rent in Downtown Pensacola has increased by 18.2% in the past year.

  • Studio

  • 732 sq ft

    Average Sq Ft

  • $1,813/month

    Average Rent

  • 1 BR

  • 684 sq ft

    Average Sq Ft

  • $2,050/month

    Average Rent

  • 2 BR

  • 1,059 sq ft

    Average Sq Ft

  • $2,442/month

    Average Rent

  • 3 BR

  • 1,342 sq ft

    Average Sq Ft

  • $3,825/month

    Average Rent

Transportation

74

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

35

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

67

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.