Cheap Apartments for Rent in 32407
139 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,248 - $1,853/mo
1-3 Beds
1-2 Baths10X Breakfast Point | 9700 Panama City Beach Pkwy #1317,
Panama City Beach, FL 32407
Use arrow keys to navigatePET FRIENDLY$1,325 - $1,847/mo1-3 Beds1-2 BathsEdgewater Crossings | 204 Potters Bluff Dr #1-25201,
Panama City Beach, FL 32407
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,349 - $2,154/mo1-3 Beds1-2 BathsWatermark at Urban Blu | 8551 Panama City Beach Pkwy #5-5205,
Panama City Beach, FL 32407
Use arrow keys to navigatePET FRIENDLY$1,355 - $1,620/mo1-2 Beds1-2 BathsWhite Sands | 302 Cabana Blvd #1-1809,
Panama City Beach, FL 32407
Use arrow keys to navigateNEW - 19 HRS AGOSPECIAL OFFERPET FRIENDLY$1,379 - $1,993/mo1-3 Beds1-2 BathsMAA Emerald Coast | 98 Paddock Club Dr #171706,
Panama City Beach, FL 32407
Use arrow keys to navigate
Use arrow keys to navigate
SPECIAL OFFERPET FRIENDLYTotal price$1,408 - $2,372/mo1-3 Beds1-2 BathsSea Sound | 10400 Panama City Beach Pkwy #4-4306,
Panama City Beach, FL 32407
SPECIAL OFFERPET FRIENDLY$1,424 - $2,175/mo1-3 Beds1-2 BathsLegends at Clara | 900 Clara Ave #8-8203,
Panama City Beach, FL 32407
PET FRIENDLY$1,495 - $2,649/moStudio-3 Beds1-2 BathsPanama Flats | 800 Grand Panama Blvd #1-202,
Panama City Beach, FL 32407
SPECIAL OFFERPET FRIENDLY$1,499 - $2,099/mo1-3 Beds1-2 BathsThe Tyde Apartments | 1105 Clara Ave #1311,
Panama City Beach, FL 32407
NEW - 2 DAYS AGOPET FRIENDLY
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SPECIAL OFFERPET FRIENDLYTotal price$1,900 - $2,017/mo2 Beds3 BathsCovey Homes Grand Lagoon | 7110 London St #14-7277,
Panama City Beach, FL 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 May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,272 |
| Jul 2025 | $2,386 |
| Aug 2025 | $2,325 |
| Sep 2025 | $2,300 |
| Oct 2025 | $2,300 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $2,986 | $2,300 | $2,250 | $2,600 | $2,450 |
| Townhomes | — | $1,875 | $2,200 | — | $2,155 |
| Apartments and Condos | $3,086 | $3,509 | $2,900 | $2,400 | $3,057 |
| Houses | $9,092 | $1,900 | $2,200 | $2,650 | $2,200 |
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 $2,364 per month. This is about 22% higher than the national average.
- What is the average rent of a house in 32407?The average rent of a house in 32407 is $2,200 per month. This is about 14% higher than the national average.
- What is the average rent of a townhome in 32407?The average rent of a townhome in 32407 is $2,155 per month. This is about 12% higher than the national average.
- When is the average rent cheapest in 32407?In the last year, the average rent in 32407 was lowest in Mar 2025 when it was $2,100 per month.
- 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 $2,986 per month. That is about $1,453 more than the cost of a studio apartment.
- How many available rental listings are in 32407?There are 156 available rental listings in 32407.
- 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.