Pensacola, FL housing market
Typical home value
$265K
▲ 1.2% 1 yr
Typical rent
$1,640/mo
▲ 2.6% 1 yr
Gross rent yield
7.4%
U.S. 6.3%
5-year home value change
+17%
U.S. +20%
Key takeaways
- 1The typical home in Pensacola is worth $264,868, up 1.2% over the past year and up 17% over five years.
- 2Typical rent is $1,640 a month (+2.6% YoY), a gross rent yield of 7.4% (above the Pensacola, FL metro's 6.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,456/mo, $184 less than typical rent.
- 4Zillow forecasts the Pensacola, FL metro's home values to change +0.8% over the next 12 months.
Market temperature (Pensacola, FL metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 48/100, #163 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Pensacola compares
| Measure | Pensacola | Pensacola, FL metro | United States |
|---|---|---|---|
| Typical home value | $264,868 | $308,972 | $366,157 |
| Home value, 1-yr change | +1.2% | +1.6% | +1.2% |
| Typical rent | $1,640 | $1,735 | $1,932 |
| Rent, 1-yr change | +2.6% | +2.5% | +2.7% |
| Gross rent yield | 7.4% | 6.7% | 6.3% |
| Price-to-rent ratio | 13.5 | 14.8 | 15.8 |
| Mortgage P&I, typical home | $1,456 | $1,698 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Pensacola rental, pre-filled.
Rent vs buy in Pensacola
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $265K home.
Landlord in Florida? See Florida deposit, late fee and notice rules.
Other cities in the Pensacola, FL metro
Milton, FL
$286K home$1,800 rent
▲ 1.8% 1 yr
Navarre, FL
$417K home$2,106 rent
▲ 1.8% 1 yr
Cantonment, FL
$326K home$1,746 rent
▲ 0.8% 1 yr
Pace, FL
$326K home$1,929 rent
▲ 0.9% 1 yr
Gulf Breeze, FL
$479K home$2,075 rent
▲ 1.2% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.