Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Pensacola area can be challenging. Home prices in Downtown Pensacola are now at a median cost of $258,952, higher than the Pensacola average of $239,551.
The average cost of rent is $1,197/mo in Downtown Pensacola, primarily driven by the current value of real estate in the Downtown Pensacola area. While nearly 41.87% of residents own their homes outright in Downtown Pensacola, 43.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Pensacola is $4,750 per month. Households that rent pay about 25.20% of their income on rent here. Downtown Pensacola's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Midway, Gulf Breeze, FL: higher priced homes
- Port Dixie, Lake Lorraine, FL: less expensive homes
- Rickarby, Mobile, AL: less expensive homes
- Carlen, Mobile, AL: less expensive homes
- Gorgas, Mobile, AL: less expensive homes
- Navco, Mobile, AL: less expensive homes
- Park Place, Mobile, AL: less expensive homes
- Carver, Mobile, AL: less expensive homes
- Brookwood, Mobile, AL: less expensive homes
- Dauphin Acres, Mobile, AL: less expensive homes
Neighborhoods with Similar Populations
- Central Terry, Billings, MT: less expensive homes
- East San Gabriel, San Gabriel, CA: higher priced homes
- St. Dennis, Louisville, KY: less expensive homes
- Downtown High Point, High Point, NC: less expensive homes
- Sunset Heights, Orem, UT: higher priced homes
- Cherry Avenue, Tucson, AZ: less expensive homes
- Cartwright, Phoenix, AZ: less expensive homes
- Carmel Mountain, San Diego, CA: higher priced homes
- Parker Lane, Austin, TX: higher priced homes
- Liberty Area, Lexington, KY: equally priced homes
All Local Stats
Home Services
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