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.