The Romero
390 S Clubbs St,
Pensacola, FL 32502
Call for Rent
1-3 Beds
Downtown Pensacola is a refreshing blend of its historic roots, diverse community, and waterfront attractions. Recognized as “Florida’s Greatest Place,” Downtown Pensacola is a one-stop-shop for everything both tourists and residents alike could want. Stunning views of Pensacola Bay, proximity to the beautiful shoreline at Pensacola Beach, and abundant entertainment options are just a few of the benefits of renting in downtown. Art and history play a major part in the city and can be explored and admired at the Pensacola Museum of Art of the Plaza de Luna Memorial Monument.
For some fun by the water, check out Vince J. Whibbs Sr. Community Maritime Park, home to the Blue Wahoos Stadium, an open-air amphitheater, and abundant green space. Local restaurants and bars are top-notch in downtown, including the Ruby Slipper Café, the Fish House, and Seville Quarter. Apartments in Downtown Pensacola range from affordable to upscale, so there’s something for everyone in this highly sought-after commercial district.
As of May 2026, the average apartment rent in Downtown Pensacola is $1,603 for a studio, $1,775 for one bedroom, $2,197 for two bedrooms, and $2,922 for three bedrooms. Apartment rent in Downtown Pensacola has decreased by -2.3% in the past year.
Studio
547 sq ft
Average Sq Ft
$1,603/month
Average Rent
1 BR
684 sq ft
Average Sq Ft
$1,775/month
Average Rent
2 BR
1,058 sq ft
Average Sq Ft
$2,197/month
Average Rent
3 BR
1,359 sq ft
Average Sq Ft
$2,922/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Pensacola - Pensacola, FL is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Very Drivable
Drivability
Fairly Bikeable
Bikeability
Downtown Pensacola - Pensacola, FL offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Get a sense of what it’s like to live in Downtown Pensacola - Pensacola, FL from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.