5+ Days Ago
Location
116 Cheri Ln, Panama City, FL 32404, USA
Tour 116 Cheri Ln
Contact
Palm Realty And Property Management Services, LLC
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Renter hub
Property management
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Property Overview
Located in Panama City, this property is within close proximity to a highly rated elementary school, just 0.38 miles away. It offers pet-friendly living with no breed or pet restrictions, complemented by the availability of two pet hospitals nearby. These features create an appealing environment for those seeking convenience and a welcoming atmosphere for pets.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
Great for
Pet owners
Amenities for 116 Cheri Ln
Community
| Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 116 Cheri Ln
116 Cheri Ln cost $1,300 per month. Located at 116 Cheri Ln, Panama City, FL 32404, USA, this unit has 2 bedrooms and 1 bathroom. Based on the average rent price of 2 bedrooms in Panama City, renting this apartment is 2% more expensive per month.Other available apartments to lease near Panama City around the same price include but are not limited to: 905 Ruby Pl, 719 Berthe AvenueUnit #243, 1113 Mckenzie Ave Unit B
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 116 Cheri Ln compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.4 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
Address details
| Zip code | 32404 |
|---|---|
| Type | House for rent |
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Rent trends in Panama City
2-bedroom apartments at 116 Cheri Ln cost about 2% more than the average rent price for 2-bedroom apartments in Panama City.
Median rents as of Apr 4 2026.
Panama City
| Month | Median Rent |
|---|---|
| April 2024 | $1,500 |
| May 2024 | $1,465 |
| June 2024 | $1,490 |
| July 2024 | $1,550 |
| August 2024 | $1,553 |
| September 2024 | $1,512 |
| October 2024 | $1,428 |
| November 2024 | $1,475 |
| December 2024 | $1,525 |
| January 2025 | $1,529 |
| February 2025 | $1,508 |
| March 2025 | $1,424 |
| April 2025 | $1,335 |
| May 2025 | $1,323 |
| June 2025 | $1,312 |
| July 2025 | $1,330 |
| August 2025 | $1,380 |
| September 2025 | $1,319 |
| October 2025 | $1,294 |
| November 2025 | $1,300 |
| December 2025 | $1,287 |
| January 2026 | $1,253 |
| February 2026 | $1,276 |
| March 2026 | $1,283 |
| April 2026 | $1,280 |
Affordability calculator
Can I afford to live at 116 Cheri Ln?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 years ago | $1,550 |
Schools near 116 Cheri Ln
Parker Elementary School
640 s hwy 22 a
panama city, FL, 32404
PK, K-5Public
C+
Margaret K. Leweis in Millville
203 n east ave
panama city, FL, 32401
PK, K-12Public
Chapman Early Education Center
2928 east 11th st
panama city, FL, 32401
PKPublic
Rosenwald High School
924 bay ave
panama city, FL, 32401
PK, 6-12Public
C-
Bay Virtual Franchise
1515 june ave
panama city, FL, 32405
K-12Public
C+
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Internet available near 116 Cheri Ln
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Panama City near 116 Cheri Ln
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 116 Cheri Ln, Panama City
Groceries
3/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
0/10
No high schools within a 30-minute walk
Nightlife
2/10
Few or no bars within walking distance
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