Cheap Apartments for Rent in 32407
124 rentals
- PET FRIENDLY
- PET FRIENDLY$1,193 - $1,896/mo1-3 Beds1-2 Baths10X Breakfast Point | 9700 Panama City Beach Pkwy,
Panama City Beach, FL 32407 - PET FRIENDLY$1,302 - $1,785/mo1-3 Beds1-2 BathsEdgewater Crossings | 204 Potters Bluff Dr,
Panama City Beach, FL 32407 - SPECIAL OFFERPET FRIENDLY$1,315 - $1,695/moStudio-2 Beds1-2 BathsThe Tyde Apartments | 1105 Clara Ave,
Panama City Beach, FL 32407 - NEW - 1 DAY AGOPET FRIENDLY$1,348 - $2,073/mo1-3 Beds1-2 BathsMAA Emerald Coast | 98 Paddock Club Dr,
Panama City Beach, FL 32407 - SPECIAL OFFERPET FRIENDLYTotal price$1,371 - $2,745/moStudio-3 Beds1-2 BathsPanama Flats | 800 Grand Panama Blvd,
Panama City Beach, FL 32407 - SPECIAL OFFERPET FRIENDLYFURNISHED$1,404 - $2,254/mo1-3 Beds1-2 BathsWatermark at Urban Blu | 8551 Panama City Beach Pkwy,
Panama City Beach, FL 32407 - Total price$2,025 - $2,240/mo2-3 Beds3 BathsCovey Homes Grand Lagoon | 7110 London St,
Panama City Beach, FL 32407 Save Search in 32407
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Average Rent Trends in 32407
Rent in 32407 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,200 |
| Dec 2025 | $2,200 |
| Jan 2026 | $2,200 |
| Feb 2026 | $2,200 |
| Mar 2026 | $2,275 |
| Apr 2026 | $2,200 |
| May 2026 | $2,450 |
| Jun 2026 | $2,400 |
| Jul 2026 | $2,400 |
| Aug 2026 | $2,300 |
| Sep 2026 | $2,350 |
| Oct 2026 | $2,400 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,861 | $2,200 | $2,350 | $2,800 | $2,450 |
| Townhomes | — | $2,200 | $2,500 | $2,395 | $2,300 |
| Apartments and Condos | $2,877 | $3,000 | $2,685 | $2,300 | $3,000 |
| Houses | $1,700 | $2,000 | $2,350 | $3,044 | $2,400 |
Frequently Asked Questions about Rentals in 32407
- What is the average rent of an apartment in 32407?The average rent of an apartment in 32407 is $2,320 per month. This is about 19% higher than the national average.
- What are the cheapest months to find an apartment to rent in 32407?Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $2,100 per month.
- How many cheap apartments are available in 32407?There are 66 apartments to rent that are cheaper than the city’s average rent of $2,450.
- When is the average rent most expensive in 32407?In the last year, the average rent in 32407 was highest in Jul 2025 when it was $2,386 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 32407?The average rent of a 1 bedroom apartment in 32407 is $1,861 per month. That is about $523 more than the cost of a studio apartment.
- What are some cities near 32407?Some nearby cities include: Panama City Beach, Lynn Haven, Southport, Springfield, Parker, Tyndall AFB. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 32407 - 306 Rentas | Trulia