What's a good cap rate in Pensacola?

In Pensacola, cap rates typically run around 5.8% (Florida state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Pensacola deal lands versus this benchmark.

What's the average rent for a rental in Pensacola?

A typical rental in Pensacola runs about $1,471–$1,952/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Florida?

Florida's effective property tax rate is about 0.89% of value per year — the figure TrueCap applies by default for Pensacola deals. You can override it with the exact local rate.

Pensacola, FL

Pensacola rental property analysis

Pensacola pairs Gulf Coast appeal with a large military presence (NAS Pensacola) and no state income tax — steady demand and tourism upside.

Pensacola market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

5.8%

Florida state median

Typical rent

$1,471–$1,952/mo

HUD FMR · 2–3BR · 2026

Typical price

$250,000–$340,000

est., all-in

Property tax

0.89%

Florida effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Pensacola a good place to buy rentals?

Military relocations keep occupancy stable, and short-term-rental demand adds upside near the beaches. Coastal insurance is the cost to watch.

See the full Floridainvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Pensacola

East Hill

Desirable, historic, steady demand.

Cordova

Central, family renters, low vacancy.

Pace / Gulf Breeze

Suburbs; newer stock, reliable tenants.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Pensacola deal in 60 seconds

Paste a Pensacola address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Florida tax and HUD rent so you start from the right assumptions.

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