Most Affordable Neighborhoods in Pensacola, FL
Some of the cheapest neighborhoods in Pensacola are Travis Park-Hunters Lake, South Pensacola, and Southeast Pensacola. These neighborhoods offer some of the lowest rent prices in Pensacola, making them ideal for renters on a budget. As of January 1, 2025, the average rent in Pensacola is $1,309, which is 0.5% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Travis Park-Hunters Lake
Average Rent
$1,225/Month
TransitScore® Rating
0/100
Units Available
1 Rentals
Travis Park-Hunters Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Travis Park-Hunters Lake is $1,225 while the city average is $1,309. Residents enjoy convenient access to Pensacola State, Warrington, The University of West Florida, and Palmetto Centre. The neighborhood is considered car-dependent with a WalkScore® of 13.
South Pensacola
Average Rent
$1,312/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
15/100
Units Available
25 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out South Pensacola. The average rent is $1,312, compared to the city average of $1,309. Rent prices have decreased by 4.3%. South Pensacola is convenient to Peoples Plaza, Fort Pickens, and Pensacola International. The community is somewhat walkable with a WalkScore® of 52.
Southeast Pensacola
Average Rent
$1,330/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
22/100
Units Available
45 Rentals
Southeast Pensacola is an affordable neighborhood in Pensacola with an average rent price of $1,330. Compare this to the city average of $1,309. In the past year, rent prices have increased by 1.3%. Southeast Pensacola provides easy access to The University of West Florida, Pensacola State Coll., and Pensacola International. It’s a somewhat walkable neighborhood with a WalkScore® of 51.
Southwest Pensacola
Average Rent
$1,372/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
0/100
Units Available
70 Rentals
If you’re looking for a great, affordable neighborhood in Pensacola, Southwest Pensacola might be the perfect place! It has an average rent price of $1,372, while the city’s average stands at $1,309. In the last year, prices have increased by 3.2%. Southwest Pensacola is near Perdido Key State Park, The University of West Florida, and Park Plaza.
Ferry Pass
Average Rent
$1,382/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
5/100
Units Available
140 Rentals
Ferry Pass is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ferry Pass is $1,382 while the city average is $1,309. This is a 0.9% difference from last year. Residents enjoy convenient access to Pensacola State Coll., Milton, Northcross Village, and Pensacola State, Warrington. The neighborhood is considered car-dependent with a WalkScore® of 38.
West Pensacola
Average Rent
$1,432/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
0/100
Units Available
8 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out West Pensacola. The average rent is $1,432, compared to the city average of $1,309. Rent prices have increased by 1.9%. West Pensacola is convenient to Pine Forest Center, Tarkiln Bayou Preserve State Park, and The University of West Florida. The community is car-dependent with a WalkScore® of 23.
Ensley
Average Rent
$1,534/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
0/100
Units Available
60 Rentals
Ensley is an affordable neighborhood in Pensacola with an average rent price of $1,534. Compare this to the city average of $1,309. In the past year, rent prices have decreased by 5.8%. Ensley provides easy access to Plaza North Shopping Center, Nine Mile Square, and Pensacola International. It’s a car-dependent neighborhood with a WalkScore® of 37.
Brent-NW Pensacola
Average Rent
$1,622/Month
Year-Over-Year Rent Change
4.1%
TransitScore® Rating
0/100
Units Available
193 Rentals
If you’re looking for a great, affordable neighborhood in Pensacola, Brent-NW Pensacola might be the perfect place! It has an average rent price of $1,622, while the city’s average stands at $1,309. In the last year, prices have decreased by 4.1%. Brent-NW Pensacola is near The University of West Florida, Pensacola State Coll., Milton, and Pine Forest Center.
Dunleith
Average Rent
$1,806/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
0/100
Units Available
7 Rentals
Dunleith is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dunleith is $1,806 while the city average is $1,309. This is a 2.2% difference from last year. Residents enjoy convenient access to Pensacola State Coll., Pensacola State Coll., Milton, and Pine Forest Center. The neighborhood is considered car-dependent with a WalkScore® of 23.
Downtown Pensacola
Average Rent
$1,819/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
35/100
Units Available
40 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Downtown Pensacola. The average rent is $1,819, compared to the city average of $1,309. Rent prices have increased by 2.7%. Downtown Pensacola is convenient to Pensacola State Coll., Pensacola International, and Pensacola State Coll., Milton. The community is walkable with a WalkScore® of 74.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.