Last updated
Average Rent in Pensacola, FL & Rent Trends
Rent prices and market trends across 1 apartment community in Pensacola, FL. Updated daily.
Market Average
$2,863/mo
▼ 1.9% from last month
Lowest Available
$2,518/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Is Rent Going Up or Down in Pensacola, FL?
As of May 2026, the average rent in Pensacola, FL is $2,863 per month across 1 apartment community and 2 available units. Rents have decreased $46 (1.9%) over the past month.
The most affordable option is Palmilla starting at $2,518/mo. By unit type, a 2-bedroom averages $2,863/mo.
Prices range from $2,518 to $3,207 per month. The most common price point is the $2,400 range, where 1 units are currently listed.
Pensacola, FL Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Pensacola, FL
Rent Prices by Apartment in Pensacola, FL
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Palmilla | $2,518/mo | $2,863/mo | 2 | 4.3 |
Google Search Trends for Pensacola, FL Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Pensacola, FL
What is the average rent in Pensacola, FL?
Is rent going up or down in Pensacola, FL?
What is the cheapest apartment in Pensacola, FL?
How many apartments are available in Pensacola, FL?
What salary do I need to live comfortably in Pensacola, FL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$115,000/year
30 percent rule -- using our average rent of $2,863/mo.
Comfortable income
$137,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,518/mo), you need to earn at least $101,000/year.
Median household income in Pensacola, FL is $72,699 , about 47% below the comfortable-living threshold.
Cost of living in Pensacola, FL
Overall prices in Pensacola, FL runs below the national average by about 4% (BEA Regional Price Parity index 95.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Pensacola, FL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,863 |
| Utilities | $364 |
| Groceries | $520 |
| Transportation | $868 |
| Healthcare | $423 |
| Other goods and services | $677 |
| Estimated total | $5,716/mo |
Population
54,011
Median household income
$72,699
Census median rent
$1,209/mo
Rent as % of income
29.5%
Median age
40.8
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Pensacola, FL Apartments
Browse all 1 communities with daily-updated pricing and availability.