What's the average rent in Panama City, FL?

Rental Market Trends in Panama City, FL

Search for Apartments in Panama City, FL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Panama City, FL is $1,895 per month, which is 4% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,895

0.0%No change month over month

-5.3%-$105 decrease year-over-year

AVAILABLE RENTALS

218

APARTMENTS

$1,364

HOUSES

$2,200

TOWNHOUSES

$1,500

As of August 2026, apartments are the most affordable rental option in Panama City, FL at $1,364 per month, while houses are the most expensive at $2,200 per month. Townhomes average $1,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,307
2 Bedrooms	$1,350
3 Bedrooms	$1,939
4 Bedrooms	$2,300
All	$1,895

As of August 2026, the average rent for a 1 bedroom rental in Panama City, FL is $1,307 per month, followed by $1,350 for a 2 bedroom rental, $1,939 for a 3 bedroom rental, and $2,300 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,350
3 Bedrooms	$1,795
4 Bedrooms	—
All	$1,500

As of August 2026, the average rent for a 2 bedroom townhome in Panama City, FL is $1,350 per month, followed by $1,795 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,345
2 Bedrooms	$1,300
3 Bedrooms	$1,695
4 Bedrooms	$2,500
All	$1,495

As of August 2026, the average rent for a 1 bedroom apartment in Panama City, FL is $1,345 per month, followed by $1,300 for a 2 bedroom apartment, $1,695 for a 3 bedroom apartment, and $2,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,594
3 Bedrooms	$2,100
4 Bedrooms	$2,310
All	$2,200

As of August 2026, the average rent for a 1 bedroom house in Panama City, FL is $1,400 per month, followed by $1,594 for a 2 bedroom house, $2,100 for a 3 bedroom house, and $2,310 for a 4 bedroom house.