124 Luxury Apartments for rent in Pensacola, FL

Last updated September 22 at 4:17AM
3341 SUGARTREE ST
Cervello
Pensacola, FL
Updated September 15 at 3:45AM
2 Bedrooms
$1,125
6960 KLONDIKE RD
Pensacola
Pensacola, FL
Updated September 21 at 10:55AM
4 Bedrooms
$1,300
1802 CYPRESS ST
Renz-anna Villa
Pensacola, FL
Updated September 15 at 3:45AM
3 Bedrooms
$1,825
14500 River Road #208
Gulf Beach
Pensacola, FL
Updated September 22 at 4:17AM
3 Bedrooms
$2,750
423 SCHUBERT DR
Pensacola
Pensacola, FL
Updated September 19 at 2:02AM
4 Bedrooms
$1,175
48 SKYSTONE CT
Mariners Village
Pensacola, FL
Updated September 22 at 2:11AM
3 Bedrooms
$2,840
8758 KENNEDY DR
Southwoods
Pensacola, FL
Updated September 21 at 10:44AM
4 Bedrooms
$1,675
8021 SAPPHIRE BLVD
Crown Pointe Estates
Pensacola, FL
Updated August 29 at 10:49AM
3 Bedrooms
$1,300
1742 BEACHSIDE DR
Tarkiln Ridge Estates
Pensacola, FL
Updated September 21 at 2:11AM
4 Bedrooms
$1,650
1010 LA PAZ DR
Santa Marina
Pensacola, FL
Updated September 14 at 9:37AM
4 Bedrooms
$1,595
2317 CADDY SHACK LN
Creekside Oaks
Pensacola, FL
Updated September 21 at 6:58PM
3 Bedrooms
$1,275
10127 SINTON DR
Pensacola
Pensacola, FL
Updated September 19 at 1:54AM
3 Bedrooms
$1,850
8115 IMPERIAL DR
Carracres West
Pensacola, FL
Updated September 21 at 10:55AM
3 Bedrooms
$1,050
4103 SPINNAKER PL
Emerald Shores
Pensacola, FL
Updated September 9 at 2:17AM
3 Bedrooms
$1,195
6770 BUNKER HILL CIR
Heritage Lakes
Pensacola, FL
Updated September 4 at 6:18PM
3 Bedrooms
$1,995
1443 LITTLE CREEK DR
Little Creek
Pensacola, FL
Updated September 15 at 5:37PM
3 Bedrooms
$1,650
913 BARKLEY ST
Manchester
Pensacola, FL
Updated September 16 at 9:42AM
4 Bedrooms
$1,795
555 BATTEN BLVD
Emerald Shores
Pensacola, FL
Updated September 21 at 6:58PM
3 Bedrooms
$1,300
8598 MEADOWBROOK DR
Scenic Hills Country Club Estates
Pensacola, FL
Updated September 21 at 6:57PM
4 Bedrooms
$1,575
3069 TURNERS MEADOW RD
Turner's Meadow
Pensacola, FL
Updated September 21 at 6:56PM
4 Bedrooms
$1,425
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Rent Report
Pensacola

September 2017 Pensacola Rent Report

Welcome to the September 2017 Pensacola Rent Report. Pensacola rents declined over the past month. In this report, we'll evaluate trends in the Pensacola rental market, including comparisons to cities throughout the state and nation.

Pensacola rents declined significantly over the past month

Pensacola rents have declined 0.5% over the past month, but have increased moderately by 2.6% in comparison to the same time last year. Currently, median rents in Pensacola stand at $830 for a one-bedroom apartment and $990 for a two-bedroom. Pensacola's year-over-year rent growth lags the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Pensacola, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • Orlando, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (6.4%, 5.6%, and 4.6%, respectively).

Pensacola rents more affordable than many large cities nationwide

Rent growth in Pensacola has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Pensacola is still more affordable than most large cities across the country.

  • Pensacola's median two-bedroom rent of $990 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 2.6% rise in Pensacola.
  • While rents in Pensacola remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%); note that median 2BR rents in these cities go for $1,710, $1,020, and $1,350 respectively.
  • Renters will find more reasonable prices in Pensacola than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three times the price in Pensacola.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.