Average Rent in Shangri-la-place, Pensacola, FL and Rent Price Trends

Rent trends in Shangri-la-place, Pensacola, FL

Average rent prices in Shangri La Place have increased by 13% over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Shangri-la-place, Pensacola, FL

Rent prices in Shangri La Place vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Shangri La Place is $1,350, whereas a house costs $1,695. 1-bedroom apartments in Shangri La Place run $1,195 on average, while 2-bedroom apartments are $1,300.


1 bedroom	$1,195	-	-
2 bedroom	$1,300	-	-
3 bedroom	$1,722	13%	-
4 bedroom	$2,150	-	-

		Listings
Gulf Beach	$2,700
Manchester	$1,775
Mulworth	$1,450
Perdido Estates	$2,000
Seaglades North	$1,750
The Cove	$2,194


Apartments	$1,350	-	No Change
Condos	$962	-	-
Houses	$1,695	13%	-

1 bedroom

Average rent

$1,195

2 bedroom

Average rent

$1,300

3 bedroom

Average rent

$1,722

Last 30 days

13%

4 bedroom

Average rent

$2,150

The table above reflects average rent prices in Shangri-la-place, Pensacola, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Shangri La Place, Pensacola, FL compare to other neighborhoods?

Compare median rent prices in Shangri La Place and Gulf Beach by all bedroom counts and property types.

Shangri La Place

Median rent price$1,510

23%

lower than the national median

Median rent price$2,700

38%

higher than the national median

Takeaway

The median rent for all rentals in Shangri La Place, Pensacola, FL is 44% lower than the median rent in Gulf Beach, Pensacola, FL.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,700

$1,775

$2,000

$1,750

$2,194

$1,450

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Frequently asked questions for Shangri-la-place, Pensacola, FL

Quick answers to common questions about the Shangri La Place rental market.

How much is rent in Shangri La Place?

The average rent in Shangri La Place is $1,510 per month as of May 9, 2026.

Is rent up or down in Shangri La Place?

Average rent prices in Shangri La Place have increased by 13% over the last month.

How does Shangri La Place rent compare to the national average?

Rent in Shangri La Place is 23% below the national average, which means renters are paying approximately $440 less per month.

What salary do I need to afford rent in Shangri La Place?

To comfortably afford rent in Shangri La Place, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).