Low Income Apartments and Affordable Housing For Rent in Pensacola, FL

Discover affordable housing in Pensacola where there are 221+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Westminster Village III

1900 W Moreno Street, Pensacola, Florida 32501

accessibility Accessible

Westminster Village I

1700 N L St, Pensacola, Florida 32501

payment Subsidized

Westminster Village II

1800 W Moreno St, Pensacola, Florida 32501

Escambia County

1112 Wayne Ave, Pensacola, Florida 32507

The Moorings Apartments

8491 Old Spanish Trail Rd, Pensacola, Florida 32514

payment Subsidized

Caminitti Place Rentals ( Chdo Ceii )

Caminitti Ln, Pensacola, Florida 32514

Chdo - Masue Manor Rental Development Ceii

St Hoseph St and Int of C and Jackson, Pensacola, Florida 32501

308 N A St

308 N A St, Pensacola, Florida 32501

payment Subsidized

Gonzalez - Replacement

2800 N 9th Ave, Pensacola, Florida 32503

payment Subsidized
accessibility Accessible

Spirit Rental Housing ( Amr at Pensacola )

410 E Lloyd St, Pensacola, Florida 32503

Villa Barcelona II

1177 E Lloyd St, Pensacola, Florida 32503

Lillian Housing 97hr011

5016 Lillian Hwy, Pensacola, Florida 32506

Springhill

112 W LA Rua St, Pensacola, Florida 32501

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Pensacola Affordable

923 E LA Rua St, Pensacola, Florida 32501

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Oaktree Cottages 2

1410 N 52nd Ave, Pensacola, Florida 32506

Zarragossa 96hr025

1901 W Zarragossa St, Pensacola, Florida 32502

Front Porch Rentals ( Chdo Ceii )

701 W Gregory St, Pensacola, Florida 32502

Valcour Villas Housing

Valcour Villas Hsg 414 N Devillers, Pensacola, Florida 32501

Chdo Rental Gregory Street Housing

Gregory St, Pensacola, Florida 23501

Carr Cottages Home Chdo Rental Project

Various, Pensacola, Florida 32501

How To Identify Affordable Housing in Pensacola, Florida

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pensacola, Florida
$24.20/hour
$12.20 (+102%) more than Florida minimum wage and $16.95 (+234%) more than the Federal minimum wage.
Learn More About Pensacola, Florida Affordable Housing ↓

What HUD offices serve Pensacola, Florida?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Pensacola, Florida.

Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Pensacola.

How many renters live in Pensacola, Florida?

The City of Pensacola has people living in households.

There are renters living in renter households in this City. Renters make up 33.31 percent of the population living in Pensacola.

What is the rental market like in Pensacola, Florida?

There are an estimated housing units in the Pensacola area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pensacola, Florida, there are 1.05 rental units.

What is the vacancy rate for rentals in Pensacola?

The rental vacancy rate in Pensacola is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Pensacola for each bedroom size?

Occupied Rental Units by Size in Pensacola
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
556 1,993 4,123 2,490 166
Occupied Rental Units by Size in Pensacola

A large number of apartments in Pensacola have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Pensacola

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,048 to $2,167. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,048
One BR $1,098
Two BR $1,278
Three BR $1,747
Four BR $2,167
2024 Fair Market Rents in Pensacola, Florida

How many units are rented at Fair Market Rent (FMR) in Pensacola?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 376 68 percent
One BR 1,246 63 percent
Two BR 2,374 58 percent
Rental Units Below FMR in Pensacola, Florida

How many affordable rental units are in Pensacola?

There are a variety of federal affordable housing programs serving households in Pensacola, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Pensacola, Florida

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Pensacola, Florida

Pensacola features 2,411 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Pensacola, Florida

There are 1,823 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pensacola.

Housing Choice Vouchers in Pensacola, Florida

On average, Section 8 Housing Choice vouchers pay Pensacola landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Pensacola.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pensacola, Florida for a two-bedroom apartment is between $1,150 and $1,406.

Sourced from federal housing data and AffordableHousingOnline.com research.

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