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City · 54,036 residents · Escambia County, Florida

Pensacola , Florida

In Pensacola, a typical home is worth $314,400 and typical rent is $1,322 a month. Compared with all of Escambia County, the typical home value is 22% higher and typical household income is 10% higher.

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  • Typical home value

    $314,400

    22% above the county

    12% below Florida

    • Pensacola
    • Escambia
    • Florida

  • Typical rent

    $1,322a month

    About the same as the county

    21% below Florida

    • Pensacola
    • Escambia
    • Florida

  • Typical household income

    $74,212a year

    10% above the county

    About the same as Florida

    • Pensacola
    • Escambia
    • Florida

  • Households that own their home

    64%

    1 points below the county

    3 points below Florida

    • Pensacola
    • Escambia
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$264,868
1.2% more than 12 months ago
Typical rent
$1,640 a month
2.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Pensacola is in Escambia County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Escambia County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Pensacola apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in West Pensacola, the typical home value is $116,100: 63% less than in Pensacola ($314,400).

  2. The typical home in Pensacola is worth $314,400, 22% more than in Escambia County as a whole ($257,200).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Pensacola

What homes there are in Pensacola, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

As in Escambia County, most homes in Pensacola are detached houses (70%).

Year built

In Pensacola, half of the homes were built before 1972; in Escambia County, before 1984.

In Pensacola, 12% of homes have 1 bedroom or none (studios); 61% have 3 bedrooms or more, against 67% in Escambia County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

By price, most homes in Pensacola sit under the FHA limit for Escambia County ($541,287): about 82%.

Monthly rent with utilities

By rent, most homes in Pensacola cost less than HUD's 2-bedroom fair market rent ($1,548): about 71%.

With a mortgage

$1,804 a month

Escambia County: $1,654 a month

Without a mortgage

$637 a month

Escambia County: $539 a month

Owners with a mortgage

57%

Escambia County: 58%

The typical cost for an owner with a mortgage in Pensacola is $1,804 a month, more than in Escambia County ($1,654); without one, $637.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Pensacola rose 72%; in Escambia County, it rose 76%.

Rents in Pensacola rose faster than in Escambia County: 39% since 2015–2019, against 34%.

To compare: typical income in Pensacola rose 47%; the home, +72%; the rent, +39%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePensacolaEscambia CountyFloridaUnited States
Rental vacancy 4.3%5.6%7.6%5.5%
Homeowner vacancy Unreliable estimate2.3%1.4%0.9%
More than one person per room 1.2%2.1%3.3%3.4%
People per household 2.122.382.512.53
Drive alone 73%70%70%69%
Carpool 6%9%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate5%2%3%
Work from home 17%14%16%15%
Other means 2%2%2%2%
Typical commute 10 to 19 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

There is little rental housing open in Pensacola: only 4.3% is empty and offered for rent, against 5.6% in Escambia County.

Much as in Escambia County, 1.2% of households in Pensacola have more than one person per room.

Households in Pensacola are smaller: 2.12 people on average; in Escambia County, 2.38.

Working from home is more common in Pensacola: 17%, against 14% in Escambia County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Pensacola?

A typical home costs more than the typical income allows

We start with a typical home in Pensacola, worth $314,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 41% of the typical household income in Pensacola, which is $74,212 a year. For that payment to be 28% of income, a household would need to earn about $107,825 a year.

The calculator's FHA and conventional loan limits are those of all of Escambia County.

Your numbers

Local data
$

Starts at the typical home value in Pensacola. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $11,004 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,516

at 7.18% · 30 years

Loan amount
$308,705
Total interest
$444,155
Paid off in
November 2056

Includes $5,309 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,732 a month

  • Tight

    $1,732 to $2,226 a month

  • Hard

    more than $2,226 a month

    Your payment · 41%

Compared with the typical household income in Pensacola ($74,212 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,516
Principal & interest$2,091
Property tax$155
Home insurance$131
FHA mortgage insurance (MIP)$139

You need at least $11,004 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Pensacola and Escambia County

Pensacola is in Escambia County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Pensacola's own numbers

Typical home value
$314,400
Typical monthly rent
$1,322
Typical yearly household income
$74,212
Households that own their home
64%
Effective property tax rate
0.59%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Escambia County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,548
Price change over 5 years (FHFA)
+53%
Homes in a high flood-risk zone
6.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Escambia County.

Everything about Escambia County

Buying

Buying a home in Pensacola

A typical home in Pensacola is worth $314,400: 22% above the county and 12% below Florida. With the typical household income in Pensacola ($74,212 a year), a typical home costs 4.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Pensacola 4.2 years
  • Escambia 3.8 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Escambia County

According to FHFA’s house price index, home prices in Escambia County rose 119% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Escambia County.

Period County Florida U.S.
Last year (2025) −0.4% −0.5% +2.9%
5 years (2020–2025) +53% +60% +47%
10 years (2015–2025) +119% +127% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Pensacola next to Escambia County, Florida and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Pensacola $314,400
  • Escambia $257,200
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Pensacola $1,322
  • Escambia $1,321
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Pensacola $74,212
  • Escambia $67,500
  • Florida $74,568
  • United States $80,734
See the full table
Pensacola next to Escambia County and Florida
Measure Pensacola Escambia County Florida U.S.
Typical home value $314,400 $257,200 $359,000 $332,700
Typical monthly rent $1,322 $1,321 $1,669 $1,413
Typical yearly household income $74,212 $67,500 $74,568 $80,734
Households that own their home 64% 65% 68% 65%
Typical yearly property tax $1,852 $1,495 $2,730 $3,119
Effective property tax rate 0.59% 0.58% 0.76% 0.94%
Renters with high rent for their income 52% 56% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Escambia County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Pensacola

For a typical $314,400 home in Pensacola, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Pensacola's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,516a month

    Least cash to close
    Down payment
    $11,004
    Cash to close
    $20,436
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $139

  • Conventional, 5% down $2,458a month

    Down payment
    $15,720
    Cash to close
    $25,152
    Rate
    7.18%
    Mortgage insurance
    PMI · $149

  • Conventional, 20% down, no PMI $1,989a month

    Down payment
    $62,880
    Cash to close
    $72,312
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,280a month

    Down payment
    $47,160
    Cash to close
    $56,592
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Pensacola and for Escambia County.

Property tax

Effective rate in Pensacola

0.59%of the home’s value each year

$1,852 a year for the typical owner in Pensacola.

  • Pensacola 0.59%
  • Escambia 0.58%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Escambia County

FEMA does not publish these numbers by city: they are for all of Escambia County.

Homes in the high-risk zone
6.5%
7,909
Of those, with NFIP insurance
62%
County Florida U.S.
Homes in the high-risk zone 6.5% 13% 3.5%
Of those, with NFIP insurance 62% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Pensacola

Typical rent in Pensacola is $1,322 a month: about the same as the county. In Pensacola, 52% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Escambia County, by unit size. To pay the 2-bedroom one ($1,548 a month) without spending more than 30% of your income, you would need to earn $29.77 an hour working full time.

HUD fair market rent for all of Escambia County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,154 $22.19 $46,160
1 bedroom $1,359 $26.13 $54,360
2 bedrooms $1,548 $29.77 $61,920
3 bedrooms $2,034 $39.12 $81,360
4 bedrooms $2,435 $46.83 $97,400

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Pensacola

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Pensacola has 4 ZIP codes with their own.

For 2 bedrooms it runs from $1,330 in 32501 to $1,580 in 32502.

1 of the 4 is above the fair market rent for Escambia County ($1,548).

  • 32501 $1,330$1,760
  • 32502 $1,580$2,080
  • 32503 $1,500$1,970
  • 32504 $1,530$2,010

3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Pensacola when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Pensacola

HUD lists 36 buildings with rents for lower incomes in Pensacola. These are the largest.

  • Westminster Village I-V 1700 N L St, Pensacola 32501 356 low-income homes · For older adults (850) 433-5035
  • Oakwood Terrace I 700 Truman Ave, Pensacola 32505 300 low-income homes · For families (850) 434-2721
  • Stoddert Place 150 Tiger Lily Dr, Pensacola 32506 320 homes, 252 low-income · 1 bd: 24 · 2 bd: 129 · 3 bd: 167 · In service since 1998 · For families
  • Peachtree Commons 4600 Twin Oaks Dr, Pensacola 32506 218 low-income homes · 1 bd: 142 · 2 bd: 76 · In service since 1993 · For families
  • Forest Creek Apartments 34 Patton Dr, Pensacola 32507 200 low-income homes · For families (850) 455-8017

See all 40 buildings in Escambia County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Pensacola

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Escambia County; none says it serves in Spanish.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Pensacola

No down payment, repair or rent-help program on our list is for Pensacola or Escambia County. The ones below are statewide in Florida: they work in Pensacola the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Pensacola

The HUD-approved agencies closest to the center of Pensacola, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Pensacola Habitat for Humanity

    300 W Leonard St, Pensacola · 2 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (850) 434-5456

  • Community Enterprise Investments, Incorporated

    302 North Barcelona St, Pensacola · 2 miles away

    • Mortgage delinquency workshops
    • Budget and financial counseling
    • and 10 more
    850-595-6234-206

  • City of Panama City Community Development Corporation

    501 Harrison Ave, Panama City · 93 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (850) 872-7231

Every agency in Escambia County All counseling agencies in Florida

Help in Spanish near Pensacola

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Pensacola

HUD’s record names them for Pensacola or Escambia County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • City of Pensacola Housing Division Section 8 vouchers (850) 858-0350

One other authority has an office in Escambia County: see the list Source: HUD

Cities

Other cities in Escambia County

These cities are also in Escambia County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Escambia County Housing in Florida

Nearby cities

The cities closest to Pensacola, with the typical home value.

Neighboring counties

If Escambia County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Pensacola.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Pensacola

Short answers with the numbers for Pensacola and all of Escambia County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Pensacola?

The typical home value in Pensacola is $314,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Escambia County it is $257,200.

How much does it cost to rent in Pensacola?

Typical rent in Pensacola is $1,322 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Escambia County is $1,548.

What is the FHA loan limit in Pensacola?

Pensacola uses the FHA limit for all of Escambia County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Pensacola?

The typical homeowner in Pensacola pays $1,852 a year, according to the U.S. Census Bureau. That is 0.59% of the home’s value; in Escambia County, the rate is 0.58%.

Where can I find free help to buy or rent in Pensacola?

There are 2 HUD-approved counseling agencies with an office in Escambia County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).