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.

2301 W Michigan Ave

2301 W Michigan Ave, Pensacola, Florida 32526

bed 2
payment $1175/mo.

225 N New Warrington Rd

225 N New Warrington Rd, Pensacola, Florida 32506

bed 3
payment $1350/mo.

3040 Donley St

3040 Donley St, Pensacola, Florida 32526

bed 2
payment $1250/mo.

1915 W Wright St

1915 W Wright St, Pensacola, Florida 32501

bed 2
payment $1250/mo.

10931 Country Ostrich Dr

10931 Country Ostrich Dr, Pensacola, Florida 32534

bed 4
payment $2100/mo.

8117 Stonebrook Dr

8117 Stonebrook Dr, Pensacola, Florida 32514

bed 2
payment $1195/mo.

121 Drew Cir

121 Drew Cir, Pensacola, Florida 32503

bed 3
payment $1675/mo.

4660 Christy Dr

4660 Christy Dr, Pensacola, Florida 32504

bed 5
payment $1900/mo.

9565 Sunnehanna Blvd

9565 Sunnehanna Blvd, Pensacola, Florida 32514

bed 2
payment $1240/mo.

624 N Fairfield Dr

624 N Fairfield Dr, Pensacola, Florida 32506

bed 3
payment $1300/mo.

4955 Catalina Cir

4955 Catalina Cir, Pensacola, Florida 32506

bed 4
payment $1800/mo.

295 Chestnut St

295 Chestnut St, Pensacola, Florida 32506

bed 3
payment $1500/mo.

104 N L St

104 N L St, Pensacola, Florida 32502

bed 3
payment $1650/mo.

5812 Nashville Ave

5812 Nashville Ave, Pensacola, Florida 32526

bed 3
payment $1550/mo.

10685 Silver Creek Dr

10685 Silver Creek Dr, Pensacola, Florida 32506

bed 4
payment $1850/mo.

6327 Harvard Ct

6327 Harvard Ct, Pensacola, Florida 32504

bed 3
payment $1449/mo.

1905 Doctor M.L.K. Jr Dr

1905 Doctor M.L.K. Jr Dr, Pensacola, Florida 32503

bed 3
payment $1600/mo.

118 Metalmark Dr

118 Metalmark Dr, Pensacola, Florida 32503

bed 4
payment $2160/mo.

910 Crystal Springs Ave

910 Crystal Springs Ave, Pensacola, Florida 32505

bed 3
payment $1345/mo.

233 Willow St

233 Willow St, Pensacola, Florida 32506

bed 2
payment $1095/mo.

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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