Apartments in Pensacola

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3885 James Stovall Dr Pensacola, FL
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How much does it cost to rent an apartment in Pensacola?

Pensacola Apartments
Bed Type Average Rent Range
Studio $1,300 $880 - $2,770
1BR $1,050 $800 - $1,980
2BR $1,280 $1,100 - $1,830
3BR $1,800 $1,210 - $2,480
4+BR $2,080 $1,670 - $2,690

Find a Pensacola Apartment

Pensacola is located in the panhandle of Florida. It is a part of Escambia County and has an estimated population of about 52,000 people. Pensacola rests on the Pensacola Bay and is home to the University of West Florida. The base of the Blue Angels is located to the southwest of Pensacola. The climate in this area is a humid sub-tropical climate so you can expect extremely warm and humid summers and relatively cool and short winters. In addition to being a college town, Pensacola is also a military town. It is the home for the Naval Air Station Pensacola.

When to Search

Pensacola is a popular area. Therefore you need to stay on top of when units become available. This is an area that attracts new residents each and every year. Begin your search as soon as it is confirmed that you will be moving to the area. Check local apartment complexes as well as realtors for any private listings that become available.

Staying in the Know

Landlords in Pensacola are very selective. Be prepared to have your employment and references verified. In addition some places may request that you submit to a background check. This is a college and military town so there is a big demand for housing. Check with the complex you like to make sure that they don't mind students living there. You may want to look for complexes that cater to the student body population.

Life in Pensacola

Transportation

It is preferred that you have reliable transportation of your own to get around Pensacola successfully. This town is a good size so it is not friendly for those who don't have a vehicle. The city however does have public transportation available. The CAT can get you to almost anywhere you need to go in the city. Check their website at https://goecat.com/ for schedules and fare information.

Where to play

There is so much to see and do in Pensacola. Naturally for all the beach lovers out there you have Pensacola beach practically out your backdoor. This lends itself to some great sailing, fishing and skiing. For history buffs you can take advantage of some of the historical tours that are available. Nightlife is amazing. There are a variety of clubs and bars that provide DJ's as well as live entertainment for your enjoyment.

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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 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
$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.