Pensacola is a beautiful city in the Florida Panhandle on the Gulf of Mexico. It is home to the Naval Air Station Pensacola and the University of West Florida. This coastal city boasts a rich history, stunning white sand beaches, historic forts, and a lively cultural scene. So take a step back in time and visit the Historic Pensacola, where you can explore the rich heritage of America's first multi-year settlement, Pensacola Lighthouse, or immerse yourself in the city's rich military history at the National Museum of Naval Aviation.

Pensacola offers miles of sugar-white sand beaches for outdoor enthusiasts, perfect for swimming, sunbathing, and fishing. Or, if you're looking for a more active experience, try kayaking through the Bayou Texar or hiking in the Gulf Islands National Seashore and the Big Lagoon State Park. In addition, with a thriving arts scene, including the Pensacola Museum of Art, Pensacola Little Theatre, and the Pensacola Opera, as well as local festivals and events such as the Pensacola Seafood Festival and the Pensacola Beach Air Show, Pensacola offers a rich cultural experience.

Pensacola is a unique city that offers its residents a superior quality of life and many exciting experiences.

Rental Market Trends

Pensacola, FL

As of May 2025, Pensacola's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Pensacola's average rent is 25.6% ($553) lower than the Florida average of $2,161 and 10.3% ($185) lower than the U.S. average of $1,793.

Average Rent

$1,608

Monthly ChangeMonth Over Month Change

0.6% ($9)

Yearly ChangeYear Over Year Change

3.7% ($61)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,046	4.6% ($46)	6.4% ($72)
2 Beds	$1,296	3.1% ($39)	2.8% ($38)
3 Beds	$1,760	1.3% ($22)	1% ($17)

Nearby Cities	Average Rent	Avg. Rent vs. PensacolaAverage Rent vs. Pensacola	Avg. Days on MarketAverage Days on Market
Gulf Breeze	$1,534	4.6% ($74)	35 days
Cantonment	$1,298	19.3% ($310)	30 days
Milton	$1,608	No change	32 days
Orange Beach	$1,318	18% ($290)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Pensacola Rental Market FAQs

Explore rental prices, market trends, and availability in Pensacola, FL.

What is the average rent in Pensacola, FL?

The average rent in Pensacola, FL is $1,608 per month.

What is the rental price range for homes in Pensacola, FL?

Homes in Pensacola typically rent for between $732 and $2,288 per month, with an average of $1,608 per month.

What is the average rent for different bedroom sizes in Pensacola, FL?

In Pensacola, the average rent for a 1-bedroom home is $1,046 per month, for a 2-bedroom home, $1,296 per month, and a 3-bedroom home is $1,760 per month.

How do rent prices in Pensacola, FL compare with the national average?

The average rent in Pensacola is 10.3% ($185) lower than the national average of $1,793 per month.

How have rent prices in Pensacola, FL changed recently?

The average rent in Pensacola has increased by 0.6% ($9) in the last month and decreased by 3.7% ($61) over the past year.

How competitive is the rental market in Pensacola, FL?

The rental market in Pensacola, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Pensacola, FL?

In Pensacola, FL, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Pensacola, FL?

There are currently 256 rental properties available in Pensacola, FL.

Can I afford to rent a home in Pensacola, FL?

Based on the current averages, a household would need an annual income of $51,840 to comfortably afford a 2-bedroom home in Pensacola.