Most Affordable ZIP Codes in Pensacola-Ferry Pass-Brent, FL (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 32505 Pensacola, FL $144,691 $1,440 7.76% 3.3%
2 32535 Century, FL $200,535 $1,305 5.08% 4.3%
3 32534 Pensacola, FL $239,660 $1,631 5.31% 3.9%
4 32506 Pensacola, FL $246,560 $1,590 5.03% 4.7%
5 32514 Pensacola, FL $261,924 $1,580 4.71% 4.5%
6 32501 Pensacola, FL $267,025 $1,623 4.74% 3.9%
7 32504 Pensacola, FL $272,183 $1,451 4.16% 3.9%
8 32565 Jay, FL $276,290 $1,305 3.68% 4.4%
9 32570 Milton, FL $278,380 $1,718 4.81% 5.2%
10 32526 Pensacola, FL $283,109 $1,840 5.07% 4.0%
11 32568 Mc David, FL $289,721 $1,305 3.51% 6.4%
12 32583 Milton, FL $292,189 $2,000 5.34% 4.3%
13 32503 Pensacola, FL $297,280 $1,800 4.72% 4.1%
14 32533 Cantonment, FL $328,408 $1,801 4.28% 4.3%
15 32571 Pace, FL $330,382 $1,953 4.61% 4.0%
16 32502 Pensacola, FL $333,763 $2,021 4.72% 4.1%
17 32577 Molino, FL $375,862 $1,305 2.71% 5.8%
18 32563 Gulf Breeze, FL $406,683 $1,964 3.77% 3.3%
19 32566 Navarre, FL $421,657 $2,123 3.93% 4.1%
20 32561 Gulf Breeze, FL $686,211 $2,770 3.15% 4.6%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →