$1,425 Per Month
- 3 Beds
- 2 Baths
- 1,128 Sq Ft
- House for Rent
509 Wood Crest Way, Pensacola, FL 32506
509 Wood Crest Way, Pensacola, FL 32506
Frequently Asked Questions
How much does it cost to rent a single-family home in Pensacola, FL?
The median rent for a single-family home in Pensacola, FL is $1,850 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Pensacola, FL?
To comfortably afford the median rent in Pensacola, FL, a household needs to earn roughly $70,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,750 per month in Pensacola, FL, renters typically need to show $5,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Pensacola, FL?
In Pensacola, FL, the price-to-rent ratio is 13.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Pensacola, FL are best for renting a single-family home?
The best neighborhood for renting in Pensacola, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Warrington, Southwest Pensacola and Beulah, each with its own character and price range.
