Best Affordable Neighborhoods in Pensacola, FL
Some of the cheapest neighborhoods in Pensacola are Southeast Pensacola, Ferry Pass, and Southwest Pensacola. These neighborhoods offer some of the lowest rent prices in Pensacola, making them ideal for renters on a budget. As of December 24, 2025, the average rent in Pensacola is $1,328, which is 1.2% 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.
Southeast Pensacola
Average Rent
$1,296/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
22/100
Units Available
72 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Southeast Pensacola. The average rent is $1,296, compared to the city average of $1,328. Rent prices have decreased by 0.9%. Southeast Pensacola is convenient to Pensacola State Coll., Milton, The Shops Of East Hill, and Highland Terrace Shopping Center. The community is somewhat walkable with a WalkScore® of 51.
Ferry Pass
Average Rent
$1,323/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
5/100
Units Available
174 Rentals
Ferry Pass is an affordable neighborhood in Pensacola with an average rent price of $1,323. Compare this to the city average of $1,328. In the past year, rent prices have increased by 1.4%. Ferry Pass provides easy access to The University of West Florida, Pensacola State, Warrington, and Northcross Village. It’s a car-dependent neighborhood with a WalkScore® of 38.
Southwest Pensacola
Average Rent
$1,332/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
0/100
Units Available
80 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 $1,332, while the city’s average stands at $1,328. In the last year, prices have increased by 2.4%. Southwest Pensacola is near Big Lagoon State Park, Perdido Bay Market Shopping Center, and Park Plaza.
Ensley
Average Rent
$1,419/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
0/100
Units Available
78 Rentals
Ensley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ensley is $1,419 while the city average is $1,328. This is a 2.7% difference from last year. Residents enjoy convenient access to Pensacola State, Warrington, Lowes Shopping Center, and Pensacola State Coll.. The neighborhood is considered car-dependent with a WalkScore® of 37.
Marcus Pointe
Average Rent
$1,421/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Marcus Pointe. The average rent is $1,421, compared to the city average of $1,328. Marcus Pointe is convenient to Pensacola State Coll., Pensacola State, Warrington, and Bellview Plaza. The community is car-dependent with a WalkScore® of 7.
Summerfield
Average Rent
$1,435/Month
Units Available
10 Rentals
Summerfield is an affordable neighborhood in Pensacola with an average rent price of $1,435. Compare this to the city average of $1,328. Summerfield provides easy access to Lowes Shopping Center, Shoppes at Milestone, and Pensacola State Coll..
Brent-NW Pensacola
Average Rent
$1,470/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
0/100
Units Available
176 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 $1,470, while the city’s average stands at $1,328. In the last year, prices have decreased by 0.3%. Brent-NW Pensacola is near The University of West Florida, Pensacola International, and Shoppes at Milestone.
West Pensacola
Average Rent
$1,487/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
0/100
Units Available
16 Rentals
West Pensacola is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Pensacola is $1,487 while the city average is $1,328. This is a 0.3% difference from last year. Residents enjoy convenient access to Pensacola State Coll., Milton, Bellview Plaza, and Pensacola State, Warrington. The neighborhood is considered car-dependent with a WalkScore® of 23.
Newcastle Place
Average Rent
$1,524/Month
Units Available
16 Rentals
When you’re looking for a great Pensacola neighborhood on a budget, check out Newcastle Place. The average rent is $1,524, compared to the city average of $1,328. Newcastle Place is convenient to The University of West Florida, Pensacola International, and Pensacola State, Warrington.
South Pensacola
Average Rent
$1,704/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
15/100
Units Available
21 Rentals
South Pensacola is an affordable neighborhood in Pensacola with an average rent price of $1,704. Compare this to the city average of $1,328. In the past year, rent prices have decreased by 2.2%. South Pensacola provides easy access to Pensacola State, Warrington, The University of West Florida, and Peoples Plaza. It’s a somewhat walkable neighborhood with a WalkScore® of 52.
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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.