133 Luxury Apartments for rent in Pensacola, FL

Last updated November 22 at 5:25pm UTC
10505 WILDERNESS LN
Maple Oaks West
Pensacola, FL
Updated November 9 at 9:47am UTC
3 Bedrooms
$1,075
503 N Alcaniz St
Downtown Pensacola
Pensacola, FL
Updated November 1 at 10:27am UTC
2 Bedrooms
$1,700
7653 WOOD STREAM DR
Kensington
Pensacola, FL
Updated October 31 at 2:17am UTC
4 Bedrooms
$1,795
762 MARLINSPIKE DR
Emerald Shores
Pensacola, FL
Updated November 4 at 1:56am UTC
3 Bedrooms
$1,250
6052 ELYSIAN AVE
Sunset Pass
Pensacola, FL
Updated November 14 at 1:17am UTC
3 Bedrooms
$1,800
1518 BAKALANE AVE
Walden
Pensacola, FL
Updated November 16 at 9:36am UTC
4 Bedrooms
$1,365
673 MOZINGO LN
Airway Oaks
Pensacola, FL
Updated November 18 at 9:33am UTC
3 Bedrooms
$1,275
536 CARRIER DR
Mariners Village
Pensacola, FL
Updated November 9 at 9:46am UTC
3 Bedrooms
$1,370
6931 WEATHERWOOD DR
Weatherwood West
Pensacola, FL
Updated November 17 at 5:30pm UTC
2 Bedrooms
$1,000
7910 LE JEUNE DR
Kensington
Pensacola, FL
Updated November 22 at 5:25pm UTC
3 Bedrooms
$1,250
113 SE GILLILAND RD
Navy Point
Pensacola, FL
Updated November 11 at 4:59pm UTC
4 Bedrooms
$1,200
6770 BUNKER HILL CIR
Heritage Lakes
Pensacola, FL
Updated November 11 at 2:01am UTC
3 Bedrooms
$1,850
1103 N 69TH AVE
Pensacola
Pensacola, FL
Updated November 9 at 9:46am UTC
4 Bedrooms
$1,095
3017 KNOTTY PINE DR
Pensacola
Pensacola, FL
Updated November 13 at 11:30am UTC
3 Bedrooms
$1,550
7110 TANNEHILL DR
Crystal Creek
Pensacola, FL
Updated November 14 at 5:29pm UTC
3 Bedrooms
$1,300
4260 BRIGHTON DR
Brittany Forge
Pensacola, FL
Updated November 16 at 1:10am UTC
4 Bedrooms
$1,500
5450 PONTE VERDE RD
Grande Lagoon Lakes
Pensacola, FL
Updated November 19 at 1:10am UTC
4 Bedrooms
$1,800
7732 BEECHWOOD DR
Charter Oaks
Pensacola, FL
Updated November 22 at 5:25pm UTC
3 Bedrooms
$1,250
3148 Two Sisters Way
Villages at Marcus Lake
Pensacola, FL
Updated November 2 at 4:13am UTC
3 Bedrooms
$1,100
2010 East Avery
Pensacola
Pensacola, FL
Updated November 16 at 12:06pm UTC
3 Bedrooms
$1,425
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November 2017 Pensacola Rent Report

Welcome to the November 2017 Pensacola Rent Report. In this report, we'll evaluate trends in the Pensacola rental market, including comparisons to cities throughout the state and nation.

View full Pensacola Rent Report
Rent Report
Pensacola

November 2017 Pensacola Rent Report

Welcome to the November 2017 Pensacola Rent Report. In this report, we'll evaluate trends in the Pensacola rental market, including comparisons to cities throughout the state and nation.

Pensacola rents increase sharply over the past month

Pensacola rents have increased 1.9% over the past month, and are up significantly by 4.4% in comparison to the same time last year. Currently, median rents in Pensacola stand at $840 for a one-bedroom apartment and $1,010 for a two-bedroom. Pensacola's year-over-year rent growth leads the state average of 3.5%, as well as the national average of 2.7%.

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 3.5% 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 $2,380; 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 (-0.2%).
  • Orlando, St. Petersburg, and Port St. Lucie have all experienced year-over-year growth above the state average (6.4%, 5.8%, and 5.8%, respectively).

Pensacola rents more affordable than many large cities nationwide

As rents have increased significantly in Pensacola, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Pensacola is still more affordable than most large cities across the country.

  • Pensacola's median two-bedroom rent of $1,010 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 4.4% rise in Pensacola.
  • While Pensacola's rents rose significantly over the past year, some cities nationwide saw decreases, including DC (-0.6%) and New York (-0.2%).
  • 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.