Updated 5+ Days Ago
Highlights
- Stainless-style appliances
- Separate laundry room
- Dark wood cabinetry
- Fenced yard
Location
7131 Penn Way #1, Panama City, FL 32404, USA
Tour 7131 Penn Way #1
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Property Overview
Stainless-style appliances, dark wood cabinetry, a separate laundry room, and a fenced yard add practical appeal, while 60 photos provide a helpful visual overview. With the nearest grocery store just 0.713 miles away, the location also offers convenient access to everyday shopping.
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
Grocery store nearby- Images Available
- Laundry available on site
Great for
Pet owners
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 7131 Penn Way #1
Attractive single-family home on 7131 Penn Way in Panama City with strong curb appeal, a covered entry and an attached two-car garage. The interior offers an open-concept flow from the kitchen into the living area; dark wood cabinetry paired with stainless-style appliances. A dedicated office/den with window provides workspace, and a separate laundry room houses full-size washer and dryer. Outside features include a fenced yard, manicured planting beds and a concrete driveway. The front entry includes a keyed electronic lock for added convenience. Schedule a viewing to tour this Panama City rental today.
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 7131 Penn Way #1 compares to other nearby properties.
Positives
- Grocery store nearby
- Only 0.7 miles from the nearest store
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 2.4 miles away
- Priced higher than average
- 3-bedrooms are $305 more than the median rent in this area
Address details
| Zip code | 32404 |
|---|---|
| Type | House for rent |
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Rent trends in Panama City
3-bedroom apartments at 7131 Penn Way #1 cost about 22% more than the average rent price for 3-bedroom apartments in Panama City.
Median rents as of Oct 24 2026.
Panama City
| Month | Median Rent |
|---|---|
| November 2024 | $1,981 |
| 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 |
| February 2026 | $1,882 |
| March 2026 | $1,853 |
| April 2026 | $1,850 |
| May 2026 | $1,850 |
| June 2026 | $1,886 |
| July 2026 | $1,916 |
| August 2026 | $1,879 |
| September 2026 | $1,836 |
| October 2026 | $1,811 |
Affordability calculator
Can I afford to live at 7131 Penn Way #1?
Bedrooms
3 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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 7131 Penn Way #1
Tommy Smith Elementary School
5044 tommy smith dr
panama city, FL, 32404
PK, K-5Public
B
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-
Margaret K. Leweis in Millville
203 n east ave
panama city, FL, 32401
PK, K-12Public
Bay Virtual Franchise
1515 june ave
panama city, FL, 32405
K-12Public
C+
Neighborhood
Getting around Panama City near 7131 Penn Way #1
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 7131 Penn Way #1, Panama City
Groceries
1/10
Few or no groceries within a short drive
Shopping
1/10
Few or no shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
3/10
Some restaurants within a short drive
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Few or no bars within a short drive
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