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ZIP Code · FL

ZIP 32507

Pop. 32,226·Escambia County·482nd most expensive ZIP in Florida
Median rent (all units)
$1,843/mo
Year-over-Year
+3.0%
Month-over-Month
-1.9%
vs US Median
-$122
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 32507 · $1,843
More expensive than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,430
2 BR
$1,670
3 BR
$2,220
4 BR+
$2,700
Research median
$1,670/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,116/yr
At $1,843/mo median
Location
StateFL
CountyEscambia County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+3.0% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 32507 (Pensacola, FL) is majority owner-occupied, 32.9% of residents hold a bachelor's degree or higher.

Population
32,226
Median income
$73,540
Median age
43.6
Renters
34.6%
Age distribution
21.2%
19.6%
23.3%
16.6%
19.3%
Under 1821.2%
18–3419.6%
35–5423.3%
55–6416.6%
65+19.3%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
75.6%
White75.6%
Black9.4%
Hispanic7.7%
Asian1.9%
Other5.4%
Education (25+)
22.7%
37.2%
32.9%
No HS diploma7.3%
HS diploma22.7%
Some college37.2%
Bachelor's+32.9%
Housing tenure
65.4%
34.6%
Owner65.4%
Renter34.6%

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

2021 vs 2026

How ZIP 32507 in Pensacola, FL has changed in 5 years

Rent
$1,404 → $1,843
up 31.3%
Income
$58,443 → $73,540
up 25.8%
Population
33,615 → 32,226
down 4.1%
Renter share
38.3% → 34.6%
-3.7 pts
Bachelor's+
28.7% → 32.9%
+4.2 pts
Median age
39.1 → 43.6
+4.5 yrs

Rent in ZIP 32507 in Pensacola, FL has increased 31.3% since 2021, going from about $1,404 per month to roughly $1,843 today. Census figures show median household income at $73,540 today, compared with $58,443 five years earlier. Rent outpaced income growth by roughly 5.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 33,615 to 32,226 between 2021 and 2024, a 4.1% change. About 34.6% of households rent today, against 38.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 28.7% to 32.9%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 32507

Last updated: July 20, 2026

ZIP code 32507 covers Pensacola, FL. The median rent here is $1,843/mo as of July 2026. A 1-bedroom rents for a median of $1,430/mo. A 2-bedroom rents for a median of $1,670/mo.

At 30% of local median household income ($73,540/yr), ZIP 32507 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32507?

As of July 20, 2026, the median monthly rent in ZIP 32507 (Pensacola, FL) is $1,843. This is based on aggregated data from public sources and community submissions.

How does ZIP 32507 rent compare to the US average?

ZIP 32507's median rent of $1,843/mo is $122 (6%) below the US national median of $1,965/mo.

How does ZIP 32507 compare to other ZIPs in Florida?

ZIP 32507 is among the more affordable ZIP codes in Florida, ranking #482 out of 662 ZIPs at $1,843/mo.

How much income do you need to rent in ZIP 32507?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,843/mo in ZIP 32507. The local median household income is $73,540/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32507?

Rent in ZIP 32507 has increased 3.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 32507 an affordable place to rent?

ZIP 32507 is considered moderate for renters. At $1,843/mo, rent takes approximately 30% of the local median household income ($73,540/yr). The standard benchmark is 30%. ZIP 32507 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32507 residents rent vs. own?

According to Census data, approximately 34.6% of ZIP 32507 households are renters, while 65.4% are owner-occupied. ZIP 32507 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32507 compare to the rest of Pensacola?

ZIP 32507 is pricier than Pensacola as a whole. At $1,843/mo, it's $186 above the Pensacola citywide median of $1,657/mo.

When was rent data for ZIP 32507 last updated?

Rent data for ZIP 32507 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,843/mo, rent takes ~30% of ZIP 32507's median household income ($73,540/yr). The standard benchmark is 30%.

ZIP 32507 30%Benchmark 30%
State income taxNone
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Public schools near ZIP 32507 (Pensacola, FL)

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