The Tristan
1559 W Nine Mile Rd,
Pensacola, FL 32534
1-3 Beds | $1,310 - $2,710
Rental Market Trends in Pensacola, FL
What is the average rent in Pensacola, FL?
$1,309/month
Average Rent
728 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of December 2024, the average rent in Pensacola, FL is $1,309 per month. This is 16% lower than the national average rent of $1,560/month, making renting in Pensacola more affordable than most cities in the US. When you rent an apartment in Pensacola, you can expect to pay about $1,243 per month for a studio, $1,309 for a one-bedroom apartment, and around $1,502 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,815 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Pensacola, FL?
In the past year, rent has decreased by 0.4%, which averages out to $5 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Pensacola, FL
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
13%
$700 - $1,000/month
52%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
8%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Pensacola?
Based on current rent prices, Travis Park-Hunters Lake, Southeast Pensacola and West Pensacola are the most affordable neighborhoods in Pensacola.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Pensacola?
Based on current rent prices, Downtown Pensacola, Dunleith and Brent-NW Pensacola are the most expensive neighborhoods in Pensacola.
Neighborhood
Average Rent
Average Sq Ft
Which Pensacola neighborhoods have the most rentals available?
The neighborhoods in Pensacola with the most apartments available are Brent-NW Pensacola, Ferry Pass and Southwest Pensacola .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Pensacola, FL?
Because the average rent in Pensacola is $1,309, you’ll want to make about $4,363 per month or $52,356 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Pensacola, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Pensacola, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,851/month
One Bedroom
-
$1,721/month
Two Bedroom
-
$2,187/month
Three Bedroom
-
$3,180/month
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Methodology
† 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.
* Percentages may not total 100 due to rounding.