Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pensacola area can be challenging. Home prices in Pensacola are now at a median cost of $239,551, lower than the Florida average of $278,762.
The average cost of rent is $1,326/mo in Pensacola, primarily driven by the current value of real estate in the Pensacola area. While nearly 38.54% of residents own their homes outright in Pensacola, 30.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pensacola is $6,194 per month. Households that rent pay about 21.41% of their income on rent here. Pensacola's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- West Pensacola, FL: less expensive homes
- Bellview, FL: less expensive homes
- Myrtle Grove, FL: less expensive homes
- Goulding, FL: less expensive homes
- Brent, FL: less expensive homes
- Warrington, FL: less expensive homes
- Ensley, FL: less expensive homes
- Ferry Pass, FL: less expensive homes
- Gonzalez, FL: less expensive homes
- Beulah, FL: equally priced homes
Cities with Similar Populations
- Carmel, IN: higher priced homes
- Canyon Country, CA: higher priced homes
- Caguas, PR: less expensive homes
- Camarillo, CA: higher priced homes
- Canton, OH: less expensive homes
- Castle Rock, CO: higher priced homes
- Canton, MI: higher priced homes
- Canton, GA: higher priced homes
- Cedar Park, TX: higher priced homes
- Casas Adobes, AZ: higher priced homes
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