Apartments For Rent in Panama City, FL
195 rentals
Use arrow keys to navigate$1,290 - $1,905/mo
1-3 Beds
1-2 BathsExchange at North Bay | 3625 Frankford Ave #11208,
Panama City, FL 32405
Use arrow keys to navigateSPECIAL OFFER$1,440 - $1,604/mo2 Beds2 BathsPointe Grand Panama City | 723 W 19th St #6-6308,
Panama City, FL 32405
Use arrow keys to navigateNEW - 10 HRS AGOPET FRIENDLY
Use arrow keys to navigateNEW - 6 HRS AGOPET FRIENDLY$1,348 - $1,652/mo1-2 Beds1-2 BathsNorth Bay Landings | 4800 N Star Ave #2301,
Panama City, FL 32404
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY$1,200 - $1,550/mo1-2 Beds1-2 BathsThe Lory of Panama City Apartments | 2121 Harrison Ave #R1,
Panama City, FL 32405
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,430 - $2,162/mo1-3 Beds1-2 BathsResidences at SweetBay | 3100 Sweetbay Ave #2-2301,
Panama City, FL 32405
SPECIAL OFFERPET FRIENDLYTotal price$2,081 - $2,705/mo3-5 Beds2-3 BathsSunset Village | 5284 Emma Grace Dr #4875620,
Panama City, FL 32404
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,449 - $2,260/mo1-3 Beds1-2 BathsThe Kelly at 23rd Luxury Apartments | 2002 Wilson Ave #714,
Panama City, FL 32405
NEW - 1 DAY AGOPET FRIENDLYTotal price$1,135 - $1,630/mo1-3 Beds1-2 BathsTurtle Lake | 4324 W 20th St #B-B208,
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 decreased in Jun 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,900 |
| Aug 2025 | $2,000 |
| 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 |
Average Rent By Bedroom and Home Type
In June 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 | $1,225 | $1,500 | $1,999 | $2,300 | $1,800 |
| Townhomes | $1,345 | $1,500 | $1,650 | — | $1,550 |
| Apartments and Condos | $1,225 | $1,562 | $1,850 | — | $1,485 |
| Houses | $1,100 | $1,600 | $2,100 | $2,300 | $2,150 |
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 $1,311 per month. This is about 33% lower than the national average.
- What is the average rent of a house in Panama City, FL?The average rent of a house in Panama City, FL is $2,200 per month. This is about 13% higher than the national average.
- What is the average rent of a townhome in Panama City, FL?The average rent of a townhome in Panama City, FL is $1,575 per month. This is about 19% 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 $1,225 per month. That is about $1,275 less than the cost of a studio apartment.
- How many available rental listings are in Panama City, FL?There are 220 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.