House for rent

5+ Days Ago

4812 Cherokee Heights Rd #1
4812 Cherokee Heights Rd #1, Panama City, FL 32404, USA

Monthly rent	$2,300
Beds	3
Baths	2
Sqft	1,431

Monthly rent	$2,300
Beds	3
Baths	2
Sqft	1,431

5+ Days Ago

Location

4812 Cherokee Heights Rd #1, Panama City, FL 32404, USA|Cherokee Heights

Tour 4812 Cherokee Heights Rd #1

Contact

Susan Tucker

HRE Property Management LLC

(844) 329-3493 ext. 6304

Policies and fees

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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About 4812 Cherokee Heights Rd #1

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Houses in Panama City

Cherokee Heights

4812 Cherokee Heights Rd #1, Panama City, FL 32404, USA

Spacious unfurnised 3 Bed 2 Bath home with open floor plan, privacy fenced back yard, master bath 2 sinks and walk in closet. Location close to shopping, restaurants, sports park and easy commute to Tyndall AFB. Kitchen equipped with stainless steel appliances, pantry and entry to laundry room. The back yard is privacy fenced with outdoor kitchen and spacious patio. Pet friendly with approval of pet and refundable pet fee.

Property highlights

How 4812 Cherokee Heights Rd #1 compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 0.4 mile away
Elementary school nearby: There is an elementary school 0.4 mile away
More space: The 3-bedroom is 159 sqft larger than other listings nearby

Considerations

Greater distance from high schools: The nearest high school is farther than 5 miles away

Address details

Neighborhood	Cherokee Heights
Zip code	32404
Type	House for rent

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Rent trends in Cherokee Heights

3-bedroom apartments at 4812 Cherokee Heights Rd #1 cost about 77% more than the average rent price for 3-bedroom apartments in Panama City.

Median rents as of Jan 17 2026.

Cherokee Heights

Panama City

A table of 3-bedroom apartment rental data trends in Panama City
Month	Median Rent
February 2024	$1,875
March 2024	$1,932
April 2024	$1,939
May 2024	$1,901
June 2024	$1,981
July 2024	$2,010
August 2024	$2,000
September 2024	$2,000
October 2024	$2,000
November 2024	$1,985
December 2024	$1,898
January 2025	$1,890
February 2025	$1,894
March 2025	$1,875
April 2025	$1,843
May 2025	$1,820
June 2025	$1,812
July 2025	$1,897
August 2025	$1,949
September 2025	$1,949
October 2025	$1,870
November 2025	$1,830
December 2025	$1,873
January 2026	$1,899

A table of 3-bedroom apartment rental data trends in Cherokee Heights
Month	Median Rent
February 2018	$1,300
March 2018	$1,300

Affordability calculator

Can I afford to live at 4812 Cherokee Heights Rd #1?

Bedrooms

3 bedrooms

Rent-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

$92,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 3-bedrooms monthly rent price of $2,300.

For more information on rent affordability, visit our rent calculator.

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