Most Affordable Neighborhoods in Pensacola, FL

Some of the cheapest neighborhoods in Pensacola are Southeast Pensacola, Belvedere Park, and Ferry Pass. These neighborhoods offer some of the lowest rent prices in Pensacola, making them ideal for renters on a budget. As of September 19, 2025, the average rent in Pensacola is $1,325, which is 1.2% 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.

Southeast Pensacola

Average Rent

$1,316/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

22/100

Units Available

35 Rentals

Southeast Pensacola is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southeast Pensacola is $1,316 while the city average is $1,325. This is a 1.8% difference from last year. Residents enjoy convenient access to Pensacola International, Pensacola State Coll., and The University of West Florida. The neighborhood is considered somewhat walkable with a WalkScore® of 51.

Belvedere Park

Average Rent

$1,318/Month

Units Available

11 Rentals

When you’re looking for a great Pensacola neighborhood on a budget, check out Belvedere Park. The average rent is $1,318, compared to the city average of $1,325. Belvedere Park is convenient to Pensacola State Coll., Milton, Pensacola International, and Dunmire Village.

Ferry Pass

Average Rent

$1,321/Month

Year-Over-Year Rent Change

1.6%

TransitScore® Rating

5/100

Units Available

139 Rentals

Ferry Pass is an affordable neighborhood in Pensacola with an average rent price of $1,321. Compare this to the city average of $1,325. In the past year, rent prices have decreased by 1.6%. Ferry Pass provides easy access to Pensacola International, The University of West Florida, and Ferry Pass Plaza. It’s a car-dependent neighborhood with a WalkScore® of 38.

Marcus Pointe

Average Rent

$1,383/Month

TransitScore® Rating

0/100

Units Available

16 Rentals

If you’re looking for a great, affordable neighborhood in Pensacola, Marcus Pointe might be the perfect place! It has an average rent price of $1,383, while the city’s average stands at $1,325. Marcus Pointe is near Bellview Plaza, Pensacola State Coll., Milton, and W Street Plaza.

Southwest Pensacola

Average Rent

$1,426/Month

Year-Over-Year Rent Change

8%

TransitScore® Rating

0/100

Units Available

80 Rentals

Southwest Pensacola is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southwest Pensacola is $1,426 while the city average is $1,325. This is a 8% difference from last year. Residents enjoy convenient access to Big Lagoon State Park, Sorrento Plaza, and Pensacola International. The neighborhood is considered car-dependent with a WalkScore® of 35.

Brent-NW Pensacola

Average Rent

$1,460/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

0/100

Units Available

220 Rentals

When you’re looking for a great Pensacola neighborhood on a budget, check out Brent-NW Pensacola. The average rent is $1,460, compared to the city average of $1,325. Rent prices have decreased by 2.1%. Brent-NW Pensacola is convenient to Pine Forest Center, Pensacola State, Warrington, and Shoppes at Milestone. The community is car-dependent with a WalkScore® of 38.

West Pensacola

Average Rent

$1,496/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

0/100

Units Available

21 Rentals

West Pensacola is an affordable neighborhood in Pensacola with an average rent price of $1,496. Compare this to the city average of $1,325. In the past year, rent prices have decreased by 2.2%. West Pensacola provides easy access to Pensacola State, Warrington, Bellview Plaza, and Pensacola International. It’s a car-dependent neighborhood with a WalkScore® of 23.

Summerfield

Average Rent

$1,514/Month

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Pensacola, Summerfield might be the perfect place! It has an average rent price of $1,514, while the city’s average stands at $1,325. Summerfield is near Lowes Shopping Center, Pensacola State, Warrington, and Shoppes at Milestone.

Coral Creek

Average Rent

$1,528/Month

Units Available

10 Rentals

Coral Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Coral Creek is $1,528 while the city average is $1,325. Residents enjoy convenient access to Tarkiln Bayou Preserve State Park, West Palm Plaza, and Fort Pickens.

Ensley

Average Rent

$1,542/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

0/100

Units Available

62 Rentals

When you’re looking for a great Pensacola neighborhood on a budget, check out Ensley. The average rent is $1,542, compared to the city average of $1,325. Rent prices have decreased by 0.6%. Ensley is convenient to Plaza North Shopping Center, The University of West Florida, and Pensacola International. The community is car-dependent with a WalkScore® of 37.

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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.