Most Affordable Neighborhoods in Pensacola, FL
Some of the cheapest neighborhoods in Pensacola are Travis Park-Hunters Lake, Southeast Pensacola, and Ferry Pass. These neighborhoods offer some of the lowest rent prices in Pensacola, making them ideal for renters on a budget. As of November 29, 2024, the average rent in Pensacola is $1,322, which is 0.5% higher 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 $1,322. Residents enjoy convenient access to Pensacola International, Pensacola State, Warrington, and Palmetto Centre. The neighborhood is considered car-dependent with a WalkScore® of 13.
Southeast Pensacola
Average Rent
$1,301/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
22/100
Units Available
38 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Southeast Pensacola. The average rent is $1,301, compared to the city average of $1,322. Rent prices have increased by 0.7%. Southeast Pensacola is convenient to Pensacola State Coll., Fort Pickens, and Highland Terrace Shopping Center. The community is somewhat walkable with a WalkScore® of 51.
Ferry Pass
Average Rent
$1,377/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
5/100
Units Available
131 Rentals
Ferry Pass is an affordable neighborhood in Pensacola with an average rent price of $1,377. Compare this to the city average of $1,322. In the past year, rent prices have increased by 2.3%. Ferry Pass provides easy access to Northcross Village, Pensacola State Coll., Milton, and The University of West Florida. It’s a car-dependent neighborhood with a WalkScore® of 38.
Southwest Pensacola
Average Rent
$1,388/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
0/100
Units Available
69 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 $1,388, while the city’s average stands at $1,322. In the last year, prices have increased by 2.8%. Southwest Pensacola is near Fort Pickens, Perdido Bay Market Shopping Center, and The University of West Florida.
Perdido Key
Average Rent
$1,400/Month
TransitScore® Rating
0/100
Units Available
1 Rentals
Perdido Key is a top choice for budget-conscious renters for a variety of reasons. The average rent in Perdido Key is $1,400 while the city average is $1,322. Residents enjoy convenient access to Pensacola International, Shops at Perdido Key, and Park Plaza. The neighborhood is considered car-dependent with a WalkScore® of 20.
West Pensacola
Average Rent
$1,472/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
0/100
Units Available
29 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out West Pensacola. The average rent is $1,472, compared to the city average of $1,322. Rent prices have increased by 2.6%. West Pensacola is convenient to Bellview Plaza, Pensacola State, Warrington, and The University of West Florida. The community is car-dependent with a WalkScore® of 23.
Ensley
Average Rent
$1,539/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
0/100
Units Available
68 Rentals
Ensley is an affordable neighborhood in Pensacola with an average rent price of $1,539. Compare this to the city average of $1,322. In the past year, rent prices have decreased by 3%. Ensley provides easy access to Pensacola State Coll., Milton, Lowes Shopping Center, and Pensacola International. It’s a car-dependent neighborhood with a WalkScore® of 37.
South Pensacola
Average Rent
$1,544/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
15/100
Units Available
25 Rentals
If you’re looking for a great, affordable neighborhood in Pensacola, South Pensacola might be the perfect place! It has an average rent price of $1,544, while the city’s average stands at $1,322. In the last year, prices have increased by 0.7%. South Pensacola is near Barnes, Fort Pickens, and The University of West Florida.
Brent-NW Pensacola
Average Rent
$1,647/Month
Year-Over-Year Rent Change
4.8%
TransitScore® Rating
0/100
Units Available
181 Rentals
Brent-NW Pensacola is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brent-NW Pensacola is $1,647 while the city average is $1,322. This is a -4.8% difference from last year. Residents enjoy convenient access to Pensacola State, Warrington, Pensacola State Coll., Milton, and Pine Forest Center. The neighborhood is considered car-dependent with a WalkScore® of 38.
Dunleith
Average Rent
$1,803/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
0/100
Units Available
7 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Dunleith. The average rent is $1,803, compared to the city average of $1,322. Rent prices have increased by 3.7%. Dunleith is convenient to The University of West Florida, Pensacola State Coll., Milton, and Pensacola State Coll.. The community is car-dependent with a WalkScore® of 23.
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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.