Homes for Rent in 32506

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Viewing 1-20 of 45 rentals in 32506
What to Know About

Living in 32506

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 February 2026, Pensacola's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Pensacola's average rent is 19.0% ($384) lower than the Florida average of $2,023 and 6.5% ($114) lower than the U.S. average of $1,753.

Average Rent
$1,639
Monthly ChangeMonth Over Month Change
Increased1.6% ($26)
Yearly ChangeYear Over Year Change
Increased0.6% ($9)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,105 Increased1.2% ($13) Increased6.7% ($69)
2 Beds $1,285 Increased0.2% ($3) Decreased1% ($13)
3 Beds $1,717 Increased2.1% ($35) Decreased1.4% ($24)
Nearby Cities Average Rent Avg. Rent vs. PensacolaAverage Rent vs. Pensacola Avg. Days on MarketAverage Days on Market
Gulf Breeze $1,862 Increased13.6% ($223) 35 days
Cantonment $1,752 Increased6.9% ($113) 30 days
Milton $1,339 Decreased18.3% ($300) 32 days
Orange Beach $1,330 Decreased18.9% ($309) 38 days
Robertsdale $1,187 Decreased27.6% ($452) 40 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.

The average rent in Pensacola, FL is $1,639 per month.
Homes in Pensacola typically rent for between $774 and $2,232 per month, with an average of $1,639 per month.
In Pensacola, the average rent for a 1-bedroom home is $1,105 per month, for a 2-bedroom home, $1,285 per month, and a 3-bedroom home is $1,717 per month.
The average rent in Pensacola is 6.5% ($114) lower than the national average of $1,753 per month.
The average rent in Pensacola has increased by 1.6% ($26) in the last month and increased by 0.6% ($9) over the past year.
The rental market in Pensacola, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 360 rental properties available in Pensacola, FL.
Based on the current averages, a household would need an annual income of $51,400 to comfortably afford a 2-bedroom home in Pensacola.
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