Yeah, you're a bit far out. Worry about getting through OCS first. Closest alligator and all. Not to mention I'm sure there's a ton of content on this forum dedicated to this question.
But I'll try to give you an unbiased assessment of Pensacola living: a lot of people live out the back gate. Why? It's super close to NASP. That's an advantage. Downside: you live out the back gate (and that gate is usually only open during "workday" hours). It's also far from anything fun in Pensacola, not to mention nicer dining, etc. It's the boondocks. I never lived here and rarely made it over to back gate country because it was such a haul from my place.
Perdido: it's closer to the beach and the world famous Flora-bama, but far from downtown (even farther from Pensacola Beach) and still a solid 15-20 minutes from base depending how far out in Perdido you live. If you have buddies who live on the other side of town (like near downtown which is the heart of the dining/bar scene in Pensacola proper), it's quite the drive (and you probably won't make it too often, good luck ubering from downtown bars). I never lived here.
Warrington (including West Pensacola): it's closer to main base (10-15 minute drive), and right next to Corry Station. It's near some strip malls/fast food dining and a stone's throw from downtown (not an expensive uber). Downside: while there certainly are nice places and I had some buddies live there (looking at you:
@Mike Leach's Air Raid), there's a lot of seedy neighborhoods with cars up on blocks nearby and considerable crime in certain hotspots, again Mike Leach can speak to that firsthand ?. YMMV.
East Hill/Scenic Heights: one of Pensacola's consistently nicer neighborhoods and a lot of military do live there. Close to downtown and the nightlife, it's safe and quaint. I lived there, loved it. Downside: about a 20-25 minute drive from the front gate - so a little further than back gate life but has a ton of nice amenities that's a short drive away.
Near the airport (KPNS): that's where I live now. Again, quaint areas with nice subdivisions. Further north is UWF area where I know some live (especially if they have roommates who work/fly in Milton). It's a 25-35 minute drive depending on where you live, which is a downside. (My commute is 20 minutes early in the morning, 25 in heavy traffic and the drive isn't bad - quite nice if you take Scenic Drive.)
So, Back gate, Perdido, Warrington, East Hill/Scenic, and Airport and beyond (including Ferry Pass) are common places to live. Each have good reasons to live there and bad reasons. Make an assessment: do you want to live closer to where you work (and have to drive far to get to fun places), or live near fun places (and drive farther to get to work). The choice is yours.
EDIT: Oh yeah and there's downtown. Upside: you live amongst all the fun action/nightlife. Not a bad commute. Downside: when there's a festival/hockey game/Blue Wahoos game going on, foot traffic and parking can be a nightmare. And, it's very expensive if you want a nice place (like a posh apartment). May need to heavily roommate it up.