124 Luxury Apartments for rent in Pensacola, FL

Last updated January 21 at 4:56pm UTC
1601 E CERVANTES
Pensacola
Pensacola, FL
Updated January 4 at 12:17pm UTC
2 Bedrooms
$1,100
10600 TARA DAWN CIR
Maple Oaks
Pensacola, FL
Updated January 21 at 4:55pm UTC
3 Bedrooms
$1,100
825 BAYSHORE DR
Pensacola
Pensacola, FL
Updated January 21 at 4:56pm UTC
2 Bedrooms
$1,100
3377 MARCUS POINTE BLVD
Marcus Pointe
Pensacola, FL
Updated January 20 at 1:58am UTC
3 Bedrooms
$1,500
7317 GUNTER RD
Lake Francis
Pensacola, FL
Updated January 18 at 1:41am UTC
3 Bedrooms
$1,250
10437 SENEGAL DR
Maple Oaks West
Pensacola, FL
Updated January 3 at 11:23am UTC
3 Bedrooms
$1,200
1609 BAYOU BLVD
Cervello
Pensacola, FL
Updated January 13 at 1:24am UTC
3 Bedrooms
$1,500
5772 SCOTLAND RD
Pensacola
Pensacola, FL
Updated January 18 at 6:58pm UTC
4 Bedrooms
$1,050
93 SKYSTONE CT
Mariners Village
Pensacola, FL
Updated January 17 at 9:21am UTC
2 Bedrooms
$2,200
8641 RAMBLE WOODS DR
Fox Hollow
Pensacola, FL
Updated January 18 at 6:56pm UTC
3 Bedrooms
$1,275
5369 KEEL DR
The Estates at Emerald Shores
Pensacola, FL
Updated January 18 at 6:56pm UTC
4 Bedrooms
$1,645
5016 CHANDELLE DR
Chandelle First
Pensacola, FL
Updated January 3 at 11:25am UTC
4 Bedrooms
$2,000
154 ETHEL WINGATE DR
Pensacola
Pensacola, FL
Updated January 3 at 11:23am UTC
3 Bedrooms
$2,375
16036 Innerarity Point Rd
Innerarity Townhomes
Pensacola, FL
Updated January 21 at 11:56am UTC
2 Bedrooms
$1,645
4420 CREIGHTON RD
La Mirage
Pensacola, FL
Updated January 3 at 11:25am UTC
4 Bedrooms
$1,050
4060 INDIGO DR
Pensacola
Pensacola, FL
Updated January 20 at 5:12pm UTC
3 Bedrooms
$1,750
70 BOREAL CT
Mariners Village
Pensacola, FL
Updated January 3 at 11:23am UTC
3 Bedrooms
$1,370
2776 GLEN EDEN DR
Belle Meadow
Pensacola, FL
Updated January 18 at 6:58pm UTC
3 Bedrooms
$1,475
218 N SPRING ST
Downtown Pensacola
Pensacola, FL
Updated January 13 at 9:40am UTC
4 Bedrooms
$2,950
4131 CAPRI DR
Belvedere Park
Pensacola, FL
Updated January 18 at 10:06am UTC
3 Bedrooms
$1,100
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January 2018 Pensacola Rent Report

Welcome to the January 2018 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.

View full Pensacola Rent Report
Rent Report
Pensacola

January 2018 Pensacola Rent Report

Welcome to the January 2018 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 over the past month

Pensacola rents have declined 0.6% over the past month, but have increased significantly by 4.6% 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 3.7%, as well as the national average of 2.8%.

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, all of them have seen prices rise. The state as a whole logged rent growth of 3.7% 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 Florida cities that we have data for, all have seen rents rise year-over-year, with Port St. Lucie experiencing the fastest growth (+7.6%).
  • Orlando, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (6.8%, 6.2%, and 5.7%, respectively).

Pensacola rents more affordable than many large cities nationwide

As rents have increased significantly in Pensacola, a few 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 2.8% over the past year compared to the 4.6% increase in Pensacola.
  • While Pensacola's rents rose significantly over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will find more reasonable prices in Pensacola than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is nearly 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.