Cheap Apartments for Rent in 32405
81 rentals
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Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$973 - $1,168/mo
1-2 Beds
1-2 BathsSiena Gardens Apartments | 901 W 19th St #4-105,
Panama City, FL 32405
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NEW - 1 DAY AGOPET FRIENDLYTotal price$1,135 - $1,545/mo1-3 Beds1-3 BathsTurtle Lake | 4324 W 20th St #N-N250,
Panama City, FL 32405
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SPECIAL OFFERPET FRIENDLY$1,200 - $1,550/mo1-2 Beds1-2 BathsThe Lory of Panama City Apartments | 2121 Harrison Ave #G6,
Panama City, FL 32405
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,299 - $1,850/mo1-3 Beds1-2 BathsWaterstone at Jenks | 3502 Jenks Ave #1306,
Panama City, FL 32405
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SPECIAL OFFERPET FRIENDLY$1,309 - $1,770/mo1-3 Beds1-2 BathsEagles Landing Apartments PC | 2870 Harrison Ave #9c4d4a0b3,
Panama City, FL 32405
$1,311 - $1,871/mo1-3 Beds1-2 BathsExchange at North Bay | 3625 Frankford Ave #2101,
Panama City, FL 32405
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SPECIAL OFFERPET FRIENDLY$1,419 - $2,100/mo1-3 Beds1-2 BathsResidences at SweetBay | 3100 Sweetbay Ave #5-5215,
Panama City, FL 32405
SPECIAL OFFERPET FRIENDLY$1,445 - $2,260/mo1-3 Beds1-2 BathsThe Kelly at 23rd Luxury Apartments | 2002 Wilson Ave #814,
Panama City, FL 32405
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Average Rent Trends in 32405
Rent in 32405 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,628 |
| Jul 2025 | $1,675 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,734 |
| Oct 2025 | $1,725 |
| Nov 2025 | $1,775 |
| Dec 2025 | $1,756 |
| Jan 2026 | $1,600 |
| Feb 2026 | $1,593 |
| Mar 2026 | $1,600 |
| Apr 2026 | $1,637 |
| May 2026 | $1,670 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,307 | $1,395 | $1,850 | $2,400 | $1,600 |
| Townhomes | $1,200 | $1,375 | $1,850 | — | $1,700 |
| Apartments and Condos | $1,400 | $1,195 | $1,395 | — | $1,200 |
| Houses | — | $1,650 | $1,850 | $2,400 | $1,850 |
Frequently Asked Questions about Rentals in 32405
- What is the average rent of an apartment in 32405?The average rent of an apartment in 32405 is $1,465 per month. This is about 24% lower than the national average.
- What is the average rent of a house in 32405?The average rent of a house in 32405 is $1,850 per month. This is about 4% lower than the national average.
- What is the average rent of a townhome in 32405?The average rent of a townhome in 32405 is $1,700 per month. This is about 12% lower than the national average.
- When is the average rent cheapest in 32405?In the last year, the average rent in 32405 was lowest in Jun 2025 when it was $1,628 per month.
- When is the average rent most expensive in 32405?In the last year, the average rent in 32405 was highest in Jan 2025 when it was $1,800 per month.
- How many available rental listings are in 32405?There are 88 available rental listings in 32405.
- What are some cities near 32405?Some nearby cities include: Lynn Haven, Springfield, Southport, Parker, Callaway, Tyndall AFB. These cities may have more rental options to explore.