Cheap Apartments for Rent in 32503
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Average Rent Trends in 32503
Rent in 32503 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,750 |
| Jul 2025 | $1,850 |
| Aug 2025 | $1,717 |
| Sep 2025 | $1,799 |
| Oct 2025 | $1,763 |
| Nov 2025 | $1,700 |
| Dec 2025 | $1,710 |
| Jan 2026 | $1,750 |
| Feb 2026 | $1,729 |
| Mar 2026 | $1,600 |
| Apr 2026 | $1,650 |
| May 2026 | $1,650 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,340 | $1,495 | $2,350 | $2,500 | $1,600 |
| Townhomes | — | $1,295 | $2,495 | — | $1,400 |
| Apartments and Condos | $1,650 | $1,295 | $2,194 | — | $1,395 |
| Houses | $1,395 | $1,745 | $2,300 | $2,500 | $2,050 |
Frequently Asked Questions about Rentals in 32503
- What is the average rent of an apartment in 32503?The average rent of an apartment in 32503 is $1,310 per month. This is about 32% lower than the national average.
- What is the average rent of a house in 32503?The average rent of a house in 32503 is $2,050 per month. This is about 6% higher than the national average.
- What is the average rent of a townhome in 32503?The average rent of a townhome in 32503 is $1,400 per month. This is about 27% lower than the national average.
- When is the average rent cheapest in 32503?In the last year, the average rent in 32503 was lowest in Apr 2025 when it was $1,500 per month.
- When is the average rent most expensive in 32503?In the last year, the average rent in 32503 was highest in Jul 2025 when it was $1,850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 32503?The average rent of a 1 bedroom apartment in 32503 is $1,340 per month. That is about $10 less than the cost of a studio apartment.
- How many available rental listings are in 32503?There are 85 available rental listings in 32503.
- What are some cities near 32503?Some nearby cities include: Pensacola, Gulf Breeze, Cantonment, Pace, Lillian, Seminole. These cities may have more rental options to explore.