Homes & Apartments for Rent in 32506

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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 June 2026, Pensacola's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Pensacola's average rent is 26.2% ($551) lower than the Florida average of $2,100 and 13.8% ($248) lower than the U.S. average of $1,797.

Average Rent
$1,549
Monthly ChangeMonth Over Month Change
Decreased4.8% ($78)
Yearly ChangeYear Over Year Change
Decreased7.5% ($125)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,100 Increased0.8% ($9) Increased8.5% ($86)
2 Beds $1,371 Increased0.8% ($11) Increased2.9% ($38)
3 Beds $1,811 Decreased1% ($19) Increased2.2% ($39)
Nearby Cities Average Rent Avg. Rent vs. PensacolaAverage Rent vs. Pensacola Avg. Days on MarketAverage Days on Market
Gulf Breeze $1,679 Increased8.4% ($130) 35 days
Cantonment $1,417 Decreased8.5% ($132) 30 days
Milton $1,761 Increased13.7% ($212) 32 days
Orange Beach $1,350 Decreased12.8% ($199) 38 days
Robertsdale $1,272 Decreased17.9% ($277) 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 $1,549 per month.
Homes in Pensacola typically rent for between $770 and $2,354 per month, with an average of $1,549 per month.
In Pensacola, the average rent for a 1-bedroom home is $1,100 per month, for a 2-bedroom home, $1,371 per month, and a 3-bedroom home is $1,811 per month.
The average rent in Pensacola is 13.8% ($248) lower than the national average of $1,797 per month.
The average rent in Pensacola has decreased by 4.8% ($78) in the last month and decreased by 7.5% ($125) 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 255 rental properties available in Pensacola, FL.
Based on the current averages, a household would need an annual income of $54,840 to comfortably afford a 2-bedroom home in Pensacola.
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