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?
$1,338/month
Average Rent
733 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of November 2024, the average rent in Pensacola, FL is $1,338 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Pensacola rent prices are 14% lower than the national average. When you rent an apartment in Pensacola, you can expect to pay about $1,235 per month for a studio, $1,338 for a one-bedroom apartment, and around $1,520 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,823 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 increased by 0.9%, which averages out to $13 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Pensacola, FL
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
13%
$700 - $1,000/month
47%
$1,001 - $1,500/month
29%
$1,501 - $2,000/month
7%
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 Ferry Pass 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 Ensley .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Pensacola, FL?
Because the average rent in Pensacola is $1,338, you’ll want to make about $4,460 per month or $53,520 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
-
$1,815/month
One Bedroom
-
$1,888/month
Two Bedroom
-
$2,236/month
Three Bedroom
-
$3,296/month
Nearby City Rent Trends
Apartment communities in Pensacola we think you'll love
Property Management Companies in Pensacola, FL
Willow Bridge
-
691
Communities
-
188,286
Units
-
314
Cities
4 Communities in Pensacola
Adcock Properties
-
17
Communities
-
2,002
Units
-
11
Cities
4 Communities in Pensacola
BH
-
317
Communities
-
90,296
Units
-
190
Cities
3 Communities in Pensacola
Westdale
-
112
Communities
-
29,994
Units
-
55
Cities
3 Communities in Pensacola
CLK Properties
-
60
Communities
-
17,581
Units
-
33
Cities
3 Communities in Pensacola
Pedcor Companies
-
38
Communities
-
8,308
Units
-
31
Cities
3 Communities in Pensacola
RAM Partners
-
271
Communities
-
71,456
Units
-
156
Cities
2 Communities in Pensacola
Pegasus Residential
-
138
Communities
-
34,196
Units
-
77
Cities
2 Communities in Pensacola
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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.