How many apartments are available in 32514 on Rentable.co?

Rentable.co has 31 apartments available for rent in 32514.

What is the average rent for an apartment in 32514?

The average rent for an apartment in 32514 is around $1,400 per month.

What is the average rent for a two-bedroom apartment in 32514?

The average rent for a two-bedroom apartment in 32514 is around $1,360 per month.

What is the average rent for a one-bedroom apartment in 32514?

The average rent for a one-bedroom apartment in 32514 is around $1,081 per month.

Apartments in 32514

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

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 BR 2 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

$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

$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.