RentDataNowRentDataNow
ZIP Code · FL

ZIP 32503

Pop. 33,559·Escambia County·581st most expensive ZIP in Florida
Median rent (all units)
$1,630/mo
Year-over-Year
+1.9%
Month-over-Month
+6.1%
vs US Median
-$335
Rising (Monthly)
Be the first to discuss 32503 rents ↓
Most AffordableMost Expensive
ZIP 32503 · $1,630
More affordable than 64% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,310
2 BR
$1,530
3 BR
$2,030
4 BR+
$2,470
Research median
$1,530/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$19,560/yr
At $1,630/mo median
Location
StateFL
CountyEscambia County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+1.9% YoY, +6.1% MoM), not inventory.
Demographics

Who lives here

ZIP 32503 (Pensacola, FL) is majority owner-occupied, skews toward younger working-age adults, 42.2% of residents hold a bachelor's degree or higher.

Population
33,559
Median income
$71,411
Median age
34.8
Renters
30.8%
Age distribution
16.5%
33.8%
21.3%
18.1%
Under 1816.5%
18–3433.8%
35–5421.3%
55–6410.2%
65+18.1%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
66.4%
18.9%
White66.4%
Black18.9%
Hispanic6.5%
Asian3.2%
Other5%
Education (25+)
20.7%
30.4%
42.2%
No HS diploma6.7%
HS diploma20.7%
Some college30.4%
Bachelor's+42.2%
Housing tenure
69.2%
30.8%
Owner69.2%
Renter30.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 32503 in Pensacola, FL has changed in 5 years

Income
$56,486 → $71,411
up 26.4%
Population
32,950 → 33,559
up 1.8%
Renter share
33.6% → 30.8%
-2.8 pts
Bachelor's+
37.3% → 42.2%
+4.9 pts

Median household income rose from $56,486 to $71,411 between 2021 and 2024, a 26.4% shift. The population has grown by 1.8% since 2021, moving from about 32,950 residents to roughly 33,559. Renters now make up 30.8% of households, compared with 33.6% five years ago. College-educated residents now make up 42.2% of adults here, versus 37.3% in 2021.

Community

Discussions about ZIP 32503

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 32503

About renting in ZIP 32503

Last updated: July 20, 2026

ZIP code 32503 covers Pensacola, FL. The median rent here is $1,630/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,530/mo.

At 27% of local median household income ($71,411/yr), ZIP 32503 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32503?

As of July 20, 2026, the median monthly rent in ZIP 32503 (Pensacola, FL) is $1,630. This is based on aggregated data from public sources and community submissions.

How does ZIP 32503 rent compare to the US average?

ZIP 32503's median rent of $1,630/mo is $335 (17%) below the US national median of $1,965/mo.

How does ZIP 32503 compare to other ZIPs in Florida?

ZIP 32503 is among the more affordable ZIP codes in Florida, ranking #581 out of 662 ZIPs at $1,630/mo.

How much income do you need to rent in ZIP 32503?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,630/mo in ZIP 32503. The local median household income is $71,411/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 32503?

Rent in ZIP 32503 has increased 1.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 32503 an affordable place to rent?

ZIP 32503 is considered affordable for renters. At $1,630/mo, rent takes approximately 27% of the local median household income ($71,411/yr). The standard benchmark is 30%. ZIP 32503 falls comfortably within that range.

What percentage of ZIP 32503 residents rent vs. own?

According to Census data, approximately 30.8% of ZIP 32503 households are renters, while 69.2% are owner-occupied. ZIP 32503 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32503 compare to the rest of Pensacola?

ZIP 32503 is more affordable than Pensacola overall. At $1,630/mo, it's $27 below the Pensacola citywide median of $1,657/mo.

When was rent data for ZIP 32503 last updated?

Rent data for ZIP 32503 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,630/mo, rent takes ~27% of ZIP 32503's median household income ($71,411/yr). The standard benchmark is 30%.

ZIP 32503 27%Benchmark 30%
State income taxNone
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 32503 (Pensacola, FL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.