Abrazo at Pathstone
3350 Fallschase Blvd,
Pensacola, FL 32526
Studio - 3 Beds | Call for Rent
Rental Market Trends in Pensacola, FL
Updated September 2026
The average rent in Pensacola, FL is $1,368/month.
Rent in Pensacola is 18% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,368/month
Average Rent
735 Sq Ft
Average Size
+2%
Change / Year
1,896
Available Apartments
Pensacola rent varies by unit size and layout:
- Studio apartments in Pensacola average $1,303 per month.
- One-bedroom apartments in Pensacola average $1,368 per month.
- Two-bedroom apartments in Pensacola average $1,571 per month.
- Three-bedroom apartments in Pensacola average $1,926 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Pensacola, FL?
In the past year, rent has increased by 2%, which averages out to $28 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Pensacola, FL
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
12%
$700 - $1,000/month
48%
$1,001 - $1,500/month
31%
$1,501 - $2,000/month
8%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Pensacola?
Based on current rent prices, Southeast Pensacola, Southwest 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, South Pensacola and Ensley 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 Southwest Pensacola .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Pensacola, FL?
Because the average rent in Pensacola is $1,368, you’ll want to make about $4,560 per month or $54,720 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.
Cost of Living
The cost of living in Pensacola, FL is 2.0% lower than the national average. Generally, housing in Pensacola is 10.7% less expensive than the national average, with rent falling between $1,303 - $1,926. You can expect to pay 1.2% more for groceries, 6.7% less for utilities, and 3.1% less for transportation.
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.
View the Pensacola Area GuideStudio
-
$850/month
One Bedroom
$1,173/month
$1,276/month
Two Bedroom
$1,341/month
$1,446/month
Three Bedroom
$1,293/month
$1,851/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Pensacola We Think You'll Love
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Frequently Asked Questions
What is the average rent in Pensacola?
The average rent in Pensacola is $1,368 per month, which is 17.8% lower than the national average of $1,665.
What is the average rent for a house in Pensacola?
The average rent for a house in Pensacola, FL is $1,878 per month.
What is the average rent for a townhome in Pensacola?
The average rent for a townhome in Pensacola, FL is $1,375 per month.
What is the average rent for a condo in Pensacola?
The average rent for a condo in Pensacola, FL is $1,220 per month.
Are rents going up or down in Pensacola?
Rents in Pensacola, FL are increasing, with prices up 2.0% year-over-year and $28 more per month.
What rent range is most common in Pensacola?
In Pensacola, FL, 48% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† 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 September 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.
* Percentages may not total 100 due to rounding.