Most Affordable Neighborhoods in Pensacola, FL
Some of the cheapest neighborhoods in Pensacola are Travis Park-Hunters Lake, West 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 February 1, 2025, the average rent in Pensacola is $1,329, 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 an affordable neighborhood in Pensacola with an average rent price of $1,225. Compare this to the city average of $1,329. Travis Park-Hunters Lake provides easy access to Pensacola State Coll., Northview Shopping Center, and Palmetto Centre. It’s a car-dependent neighborhood with a WalkScore® of 13.
West Pensacola
Average Rent
$1,317/Month
Year-Over-Year Rent Change
8%
TransitScore® Rating
0/100
Units Available
6 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 $1,317, while the city’s average stands at $1,329. In the last year, prices have decreased by 8%. West Pensacola is near Pensacola State Coll., Milton, Pensacola State Coll., and Pensacola State, Warrington.
Ferry Pass
Average Rent
$1,330/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
5/100
Units Available
137 Rentals
Ferry Pass is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ferry Pass is $1,330 while the city average is $1,329. This is a 1% difference from last year. Residents enjoy convenient access to Pensacola International, Ferry Pass Plaza, and Pensacola State Coll., Milton. The neighborhood is considered car-dependent with a WalkScore® of 38.
Southeast Pensacola
Average Rent
$1,345/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
22/100
Units Available
43 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Southeast Pensacola. The average rent is $1,345, compared to the city average of $1,329. Rent prices have increased by 3.4%. Southeast Pensacola is convenient to Pensacola State, Warrington, The University of West Florida, and Fort Pickens. The community is somewhat walkable with a WalkScore® of 51.
Southwest Pensacola
Average Rent
$1,370/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
0/100
Units Available
72 Rentals
Southwest Pensacola is an affordable neighborhood in Pensacola with an average rent price of $1,370. Compare this to the city average of $1,329. In the past year, rent prices have increased by 1.2%. Southwest Pensacola provides easy access to The University of West Florida, Big Lagoon State Park, and Tarkiln Bayou Preserve State Park. It’s a car-dependent neighborhood with a WalkScore® of 35.
South Pensacola
Average Rent
$1,478/Month
Year-Over-Year Rent Change
6.3%
TransitScore® Rating
15/100
Units Available
24 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 $1,478, while the city’s average stands at $1,329. In the last year, prices have increased by 6.3%. South Pensacola is near Fort Pickens, Pensacola State, Warrington, and Barnes.
Ensley
Average Rent
$1,580/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
0/100
Units Available
61 Rentals
Ensley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ensley is $1,580 while the city average is $1,329. This is a -0.5% difference from last year. Residents enjoy convenient access to Pensacola State Coll., Milton, Nine Mile Square, and Lowes Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 37.
Brent-NW Pensacola
Average Rent
$1,644/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
0/100
Units Available
197 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Brent-NW Pensacola. The average rent is $1,644, compared to the city average of $1,329. Rent prices have decreased by 4.6%. Brent-NW Pensacola is convenient to Pensacola State Coll., Pensacola International, and Point Crossing. The community is car-dependent with a WalkScore® of 38.
Downtown Pensacola
Average Rent
$2,002/Month
Year-Over-Year Rent Change
11.7%
TransitScore® Rating
35/100
Units Available
40 Rentals
Downtown Pensacola is an affordable neighborhood in Pensacola with an average rent price of $2,002. Compare this to the city average of $1,329. In the past year, rent prices have increased by 11.7%. Downtown Pensacola provides easy access to Peoples Plaza, Pensacola State Coll., and Fort Pickens. It’s a walkable neighborhood 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.