The Most Affordable Neighborhoods in West Pensacola, FL by Home Value

These days, finding an affordable place to live in the West Pensacola area can be challenging. Home prices in West Pensacola are now at a median cost of $123,945, lower than the Florida average of $396,783.

The average cost of rent is $1,236/mo in West Pensacola, primarily driven by the current value of real estate in the West Pensacola area. In West Pensacola, 51.07% of households rent, and 43.65% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in West Pensacola is $3,781 per month. Households that rent pay about 32.70% of their income on rent here. West Pensacola’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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