Panama City, FL Apartments For Rent
191 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,440 - $2,323/mo
1-3 Beds
1-2 BathsResidences at SweetBay | 3100 Sweetbay Ave,
Panama City, FL 32405
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Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$1,151 - $1,322/mo2-3 Beds2 BathsTranquility at Saint Andrews | 1318 Saint Andrews Blvd,
Panama City, FL 32405
PET FRIENDLYINCOME RESTRICTED$1,037 - $1,453/mo1-3 Beds1-2 BathsAndrews Place Apartments | 1914 Frankford Ave,
Panama City, FL 32405
SPECIAL OFFERPET FRIENDLYTotal price$2,307 - $2,599/mo3-5 Beds2-3 BathsSunset Village | 5284 Emma Grace Dr,
Panama City, FL 32404
NEW - 1 DAY AGOPET FRIENDLY$1,299 - $1,525/mo1-2 Beds1-2 BathsThe Lory of Panama City | 2121 Harrison Ave,
Panama City, FL 32405
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NEW - 1 DAY AGOPET FRIENDLY$1,385 - $2,269/mo1-3 Beds1-2 BathsThe Kelly at 23rd Luxury Apartments | 2002 Wilson Ave,
Panama City, FL 32405
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What Locals Say about Panama City
Review Highlights
Panama City buzzes with beach life, bay views, quick commutes, and easy access to downtown. People love friendly vibes, beaches and festivals, easy drives, and walkable St. Andrews. They dislike post-hurricane costs and damage, speeding traffic, noise, theft, and scarce sidewalks.
AI-generated summary of moderated reviews.
Average Rent Trends in Panama City, FL
Rent in Panama City, FL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,900 |
| Oct 2025 | $1,850 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,700 |
| Mar 2026 | $1,790 |
| Apr 2026 | $1,800 |
| May 2026 | $1,850 |
| Jun 2026 | $1,800 |
| Jul 2026 | $1,900 |
| Aug 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In August 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 | $1,395 | $1,350 | $1,900 | $2,300 | $1,933 |
| Townhomes | $1,345 | $1,525 | $1,650 | — | $1,650 |
| Apartments and Condos | $2,000 | $1,300 | $1,499 | $2,500 | $1,450 |
| Houses | $1,600 | $1,350 | $1,995 | $2,300 | $2,200 |
Frequently Asked Questions about Rentals in Panama City, FL
- What is the average rent of an apartment in Panama City, FL?The average rent of an apartment in Panama City, FL is $1,383 per month. This is about 30% lower than the national average.
- When is the average rent cheapest in Panama City, FL?In the last year, the average rent in Panama City, FL was lowest in Apr 2025 when it was $1,695 per month.
- When is the average rent most expensive in Panama City, FL?In the last year, the average rent in Panama City, FL was highest in Aug 2025 when it was $2,000 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Panama City, FL?The average rent of a 1 bedroom apartment in Panama City, FL is $1,395 per month. That is about $695 more than the cost of a studio apartment.
- How many available rental listings are in Panama City, FL?There are 201 available rental listings in Panama City, FL.
- What are some neighborhoods in Panama City, FL?
- What are some zip codes in Panama City, FL?
- What are some cities near Panama City, FL?Some nearby cities include: Callaway, Springfield, Parker, Tyndall AFB, Lynn Haven. These cities may have more rental options to explore.
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