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.