How many apartments are available in 32503 on Rentable.co?
Rentable.co has 32 apartments available for rent in 32503.
What is the average rent for an apartment in 32503?
The average rent for an apartment in 32503 is around $1,550 per month.
What is the average rent for a two-bedroom apartment in 32503?
The average rent for a two-bedroom apartment in 32503 is around $1,350 per month.
Find an Apartment in 32503
Looking for apartments for rent in the 32503 zip code in Pensacola, FL? Look no further! Right now, there are 35 units available for rent in this area on Rentable. The average rent in 32503 is $1,500, with 1-bedroom units starting at $1,015.
The 32503 zip code in Pensacola, FL offers a variety of apartment options to suit your needs. Whether you're looking for a spacious one-bedroom or a cozy studio, Rentable has the perfect place for you.
Ready to find your next rental? Take a look at Rentable's apartments near 32503 and discover the one that perfectly matches what you're looking for. Start your search today and find your dream home in Pensacola, FL.
Pensacola: November Rent Report
Welcome to the November 2024 Pensacola Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
November 2024 key findings and figures for the Pensacola rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Pensacola and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Pensacola average rent prices in the chart below.
Monthly Rent Report
$1,350
$1,010
$680
$340
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR2 BR
Pensacola Rent Prices Decrease From October to November
Pensacola rent prices decreased over the last month. From October to November, the city experienced a -2.52% decrease for the price of a one-bedroom apartment. The rent price for a Pensacola one-bedroom apartments currently stands at $1,083.0.
When we take a look at the two-bedroom comparison from October to November, Pensacola experienced a 0.51% increase for the price of a two-bedroom apartment. The rent price for a Pensacola two-bedroom apartments currently stands at $1,184.0.
November Prices: Pensacola vs. Surrounding Areas
Orange Beach, AL
Pensacola, FL
Milton, FL
$1,401
$1,111
$717
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent
Rent Prices in Pensacola and Surrounding Areas
Rent prices have decreased in Pensacola over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Pensacola suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Orange Beach, AL .
Rent decreased in Milton, FL.
1 suburb is currently priced higher than the city of Pensacola.
1 suburb is currently priced lower than the city of Pensacola.
November 2024 Pricing Trends: Pensacola vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Pensacola, FL
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,111
$0
$1,400
$2,800
$4,200
$5,600
Median Rent
Pensacola Rent Prices More Affordable Than Major Cities
Rent growth in Pensacola over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Pensacola average rent prices appear to be
relatively affordable for local residents.
The price for a Pensacola one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Pensacola and surrounding area rent prices, take a look at the complete data set below.
Data set for Pensacola and suburbs
1 BR November
1 BR M/M % Change
2 BR November
2 BR M/M % Change
Pensacola, FL
$1,111.0
-1.86%
$1,178.0
-0.76%
Orange Beach, AL
$1,401.0
0.14%
$1,595.0
0.50%
Milton, FL
$717.0
-4.40%
$1,311.0
0.15%
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.