Most Affordable Neighborhoods in Pensacola, FL
Some of the cheapest neighborhoods in Pensacola are Ferry Pass, Southeast Pensacola, and Southwest Pensacola. These neighborhoods offer some of the lowest rent prices in Pensacola, making them ideal for renters on a budget. As of April 25, 2025, the average rent in Pensacola is $1,318, which is 2.4% 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.
Ferry Pass
Average Rent
$1,269/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
5/100
Units Available
171 Rentals
Ferry Pass is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ferry Pass is $1,269 while the city average is $1,318. This is a -2.6% difference from last year. Residents enjoy convenient access to Northcross Village, The University of West Florida, and Pensacola State Coll.. The neighborhood is considered car-dependent with a WalkScore® of 38.
Southeast Pensacola
Average Rent
$1,273/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
22/100
Units Available
55 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Southeast Pensacola. The average rent is $1,273, compared to the city average of $1,318. Rent prices have decreased by 3.6%. Southeast Pensacola is convenient to Fort Pickens, The Shops Of East Hill, and Pensacola State Coll., Milton. The community is somewhat walkable with a WalkScore® of 51.
Southwest Pensacola
Average Rent
$1,325/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
0/100
Units Available
104 Rentals
Southwest Pensacola is an affordable neighborhood in Pensacola with an average rent price of $1,325. Compare this to the city average of $1,318. In the past year, rent prices have decreased by 0.7%. Southwest Pensacola provides easy access to Sorrento Plaza, Pensacola State, Warrington, and Pensacola International. It’s a car-dependent neighborhood with a WalkScore® of 35.
West Pensacola
Average Rent
$1,346/Month
Year-Over-Year Rent Change
4.9%
TransitScore® Rating
0/100
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Pensacola, West Pensacola might be the perfect place! It has an average rent price of $1,346, while the city’s average stands at $1,318. In the last year, prices have decreased by 4.9%. West Pensacola is near Pine Forest Center, Point Crossing, and Pensacola State Coll..
South Pensacola
Average Rent
$1,508/Month
Year-Over-Year Rent Change
6.7%
TransitScore® Rating
15/100
Units Available
29 Rentals
South Pensacola is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Pensacola is $1,508 while the city average is $1,318. This is a 6.7% difference from last year. Residents enjoy convenient access to Tarkiln Bayou Preserve State Park, Pensacola International, and The University of West Florida. The neighborhood is considered somewhat walkable with a WalkScore® of 52.
Ensley
Average Rent
$1,631/Month
Year-Over-Year Rent Change
4.1%
TransitScore® Rating
0/100
Units Available
54 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Ensley. The average rent is $1,631, compared to the city average of $1,318. Rent prices have decreased by 4.1%. Ensley is convenient to The University of West Florida, Pensacola State Coll., Milton, and Pensacola International. The community is car-dependent with a WalkScore® of 37.
Brent-NW Pensacola
Average Rent
$1,693/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
0/100
Units Available
192 Rentals
Brent-NW Pensacola is an affordable neighborhood in Pensacola with an average rent price of $1,693. Compare this to the city average of $1,318. In the past year, rent prices have decreased by 1.7%. Brent-NW Pensacola provides easy access to Pensacola International, Pensacola State Coll., and Shoppes at Milestone. It’s a car-dependent neighborhood with a WalkScore® of 38.
Downtown Pensacola
Average Rent
$1,949/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
35/100
Units Available
39 Rentals
If you’re looking for a great, affordable neighborhood in Pensacola, Downtown Pensacola might be the perfect place! It has an average rent price of $1,949, while the city’s average stands at $1,318. In the last year, prices have decreased by 2.6%. Downtown Pensacola is near Pensacola State, Warrington, Pensacola State Coll., Milton, and Gregory Center.
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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.