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 and have decreased by 23% since last year.

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 $1,374, whereas a house costs $1,672. 1-bedroom apartments in Shangri La Place run $1,195 on average, while 2-bedroom apartments are $1,313.


1 bedroom	$1,250	-	-
2 bedroom	$1,300	-	-
3 bedroom	$1,701	13%	No Change
4 bedroom	$2,100	-	-

		Listings
Gulf Beach	$2,975
Manchester	$1,800
Mulworth	$1,750
Perdido Estates	$1,895
Seaglades North	$1,975
The Cove	$1,995


Apartments	$1,374	-	No Change
Condos	$1,395	-	-
Houses	$1,672	13%	No Change

1 bedroom

Average rent

$1,250

2 bedroom

Average rent

$1,300

3 bedroom

Average rent

$1,701

Last 30 days

13%

Last year

No Change

4 bedroom

Average rent

$2,100

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$1,350

30%

lower than the national median

Median rent price$2,975

55%

higher than the national median

Takeaway

The median rent for all rentals in Shangri La Place, Pensacola, FL is 55% lower than the median rent in Gulf Beach, Pensacola, FL.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,975

$1,800

$1,895

$1,975

$1,995

$1,750

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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 $1,350 per month as of August 15, 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 and have decreased by 23% since last year.

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

Rent in Shangri La Place is 30% below the national average, which means renters are paying approximately $575 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 $54,000/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).