Nearby rentals
Renter hub
Property management
Features
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Garage Parking | Outdoor Space |
Other
| Exterior Type: Brick Veneer |
One-time.
One-time. Refundable.
Property Status: Active Don't miss out on this beautiful home in the Cambria subdivision. Available for move in on 5 June 2026. It is within walking distance to Bennett Russell Elementary and Avalon Middle School. Conveniently located 3 miles from I10, making any commute a breeze. It is also less than 5 miles to all shopping/amenities Pace and Milton have to offer. Downtown Pensacola, NAS Pensacola, Whiting Field, Pensacola Beach, UWF, PSC, Airports, and more are all within a 30 minute drive. It is zoned in an A-rated school district. The home is also located on a quiet cul de sac street. Features include a kitchen dining combo with a nice open floor plan with Master suite split from the other three bedrooms. Master suite includes a large walk-in closet, double vanity, and a walk in shower. The kitchen is loaded with granite countertops, stainless steel appliances, and large pantry. This home is equipped with smart home technology features to include smart light switches, keyless front entry, and more. The backyard is fully fenced. The large two car garage is perfect for your parking needs. All kitchen appliances, washer, and dryer are included. This is the home you have been looking for. Schedule your tour today!! Office Phone: (504) 810-3927 Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 5468 Merlin Way compares to other nearby properties.
Positives
Considerations
| Neighborhood | Pace |
|---|---|
| Zip code | 32583 |
| Type | House for rent |
4-bedroom apartments at 5468 Merlin Way cost about 7% more than the average rent price for 4-bedroom apartments in Wallace.
| Month | Median Rent |
|---|---|
| April 2024 | $2,110 |
| May 2024 | $2,150 |
| June 2024 | $2,200 |
| July 2024 | $2,212 |
| August 2024 | $2,126 |
| September 2024 | $1,998 |
| October 2024 | $2,057 |
| November 2024 | $2,067 |
| December 2024 | $2,052 |
| January 2025 | $2,053 |
| February 2025 | $2,050 |
| March 2025 | $2,097 |
| April 2025 | $2,125 |
| May 2025 | $2,190 |
| June 2025 | $2,162 |
| July 2025 | $2,115 |
| August 2025 | $2,114 |
| September 2025 | $2,093 |
| October 2025 | $2,064 |
| November 2025 | $2,036 |
| December 2025 | $1,995 |
| January 2026 | $1,971 |
| February 2026 | $2,020 |
| March 2026 | $2,056 |
| April 2026 | $2,050 |
| Month | Median Rent |
|---|---|
| April 2024 | $2,110 |
| May 2024 | $2,150 |
| June 2024 | $2,200 |
| July 2024 | $2,212 |
| August 2024 | $2,126 |
| September 2024 | $1,998 |
| October 2024 | $2,057 |
| November 2024 | $2,067 |
| December 2024 | $2,052 |
| January 2025 | $2,053 |
| February 2025 | $2,050 |
| March 2025 | $2,097 |
| April 2025 | $2,125 |
| May 2025 | $2,190 |
| June 2025 | $2,162 |
| July 2025 | $2,115 |
| August 2025 | $2,114 |
| September 2025 | $2,093 |
| October 2025 | $2,064 |
| November 2025 | $2,036 |
| December 2025 | $1,995 |
| January 2026 | $1,971 |
| February 2026 | $2,020 |
| March 2026 | $2,056 |
| April 2026 | $2,050 |
Can I afford to live at 5468 Merlin Way?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$88,000/yr
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