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The average monthly rent in Panama City is up 4.88% compared to last month and up 8.19% year-over-year.
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16h ago
Verified
2401 Stanford Road, Panama City, FL 32405
In unit laundry | Air conditioning | On site laundry
1–3 beds
1–2 baths
$1,386–$1,940
Apartment for rent
Available Apr 5
4d ago
Verified
2002 Wilson Ave, Panama City, FL 32405
In unit laundry | Swimming pool | Fitness center
1–3 beds
1–2 baths
$1,446–$2,781
Apartment for rent
3h ago
4324 W 20th St, Panama City, FL 32405
In unit laundry | Air conditioning | On site laundry
1–3 beds
1–2 baths
$1,147–$1,719
Apartment for rent
5d+ ago
Verified
305 S Wells St #NA, Panama City, FL 32413
Air conditioning | Assigned parking | Hardwood floor
2 beds
1 bath
$2,150
House for rent
Available Mar 7
5d+ ago
Verified
662 Cypress Ave #NA, Panama City, FL 32401
Air conditioning | Assigned parking | Storage
3 beds
1 bath
$2,200
House for rent
Available Jan 30
18h ago
Verified
1 bed
1 bath
$3,540
$3,160
Price drop
Apartment for rent
1h ago
3100 Sweetbay Ave, Panama City, FL 32405
Assigned parking | Swimming pool | Fitness center
1–2 beds
1–2 baths
$1,480–$2,296
Apartment for rent
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12h ago
1–3 beds
1–2 baths
$1,199–$1,650
Apartment for rent
5d+ ago
Apartment for rent in Panama City
1104 Baldwin Rowe Cir, Panama City, FL 32405
Dishwasher | Microwave
3 beds
2 baths
$1,795
Apartment for rent
Outdoor Space
On Site Laundry
Dishwasher
In Unit Laundry
5d+ ago
Apartment for rent in Panama City
3 beds
2 baths
$2,295
Apartment for rent
Available Apr 1
2h ago
1930 Pleasant Manor - 1930 W 24Th St, Panama City, FL 32405
Outdoor space
2 beds
1 bath
$1,050
Apartment for rent
2h ago
House for rent in Panama City
4865 Conner Ln, Panama City, FL 32404
In unit laundry | Garage parking | On site laundry
4 beds
2 baths
$2,600
House for rent
Available Jun 1
5h ago
600 Bob Little Rd, Panama City, FL 32404
In unit laundry | Air conditioning | Ceiling fan
1 bed
1 bath
$895
Apartment for rent
10h ago
2 beds
1 bath
$875
Apartment for rent
10h ago
House for rent in Panama City
4 beds
2 baths
$2,395
House for rent
12h ago
2203 Beck Ave, Panama City, FL 32405
Air conditioning | On site laundry | Swimming pool
1–2 beds
1 bath
$1,230–$1,575
Apartment for rent
14h ago
Townhouse for rent in Panama City
2 beds
2 baths
$1,450
House for rent
15h ago
2 beds
1 bath
$1,200
Apartment for rent
19h ago
2 beds
1 bath
$1,150–$1,300
Apartment for rent
22h ago
2 beds
1 bath
$1,150
Apartment for rent
1d ago
Apartment for rent in Panama City
119 College Ave #5, Panama City, FL 32401
Outdoor space
3 beds
2 baths
$1,100
Apartment for rent
1d ago
Townhouse for rent in Panama City
1038 Brannon Pl #C, Panama City, FL 32404
Garage parking | Ceiling fan | Storage
2 beds
1 bath
$1,500
House for rent
1d ago
Townhouse for rent in Panama City
5854 Tyndall Pl, Panama City, FL 32404
Garage parking | Storage | Outdoor space
3 beds
3 baths
$1,750
House for rent
1d ago
Condo for rent in Panama City
1301 Beck Ave #15, Panama City, FL 32401
Swimming pool | Outdoor space
1 bed
1 bath
$1,500
$1,300
Price drop
Condo for rent
1d ago
1510 Arthur Ave, Panama City, FL 32405
In unit laundry | Air conditioning | On site laundry
2 beds
1 bath
$1,250–$1,300
Apartment for rent
1d ago
House for rent in Panama City
2 beds
1 bath
$1,600
House for rent
Available Apr 29
1d ago
3 beds
2 baths
$1,500–$1,650
Apartment for rent
1d ago
2 beds
2 baths
$1,050–$1,075
Apartment for rent
2d ago
House for rent in Panama City
300 Allie Way #NA, Panama City, FL 32404
Air conditioning | Garage parking | Assigned parking
4 beds
2 baths
$2,700
House for rent
Available Jun 16
2d ago
Townhouse for rent in Panama City
2 beds
1 bath
$1,500
House for rent
2d ago
2 beds
1 bath
$1,100
Apartment for rent
3d ago
Townhouse for rent in Panama City
1025 W 19th 16c Street #16C, Panama City, FL 32405
In unit laundry | Dishwasher
2 beds
1 bath
$1,800
House for rent
3d ago
Apartment for rent in Panama City
3604 Betsy Ln ##7, Panama City, FL 32408
In unit laundry | Air conditioning | Balcony
2 beds
2 baths
$1,500
$1,425
Price drop
Apartment for rent
Available Apr 8
3d ago
Apartment for rent in Panama City
3604 Betsy Ln ##9, Panama City, FL 32408
In unit laundry | Air conditioning | Balcony
2 beds
2 baths
$1,500
$1,425
Price drop
Apartment for rent
Available Apr 8
3d ago
Apartment for rent in Panama City
3604 Betsy Ln ##11, Panama City, FL 32408
In unit laundry | Air conditioning | Balcony
2 beds
2 baths
$1,500
$1,425
Price drop
Apartment for rent
Available Apr 8
4d ago
Townhouse for rent in Panama City
5893 Tyndall Pl, Panama City, FL 32404
Garage parking | On site laundry | Dishwasher
3 beds
2 baths
$2,250
House for rent
Available May 1
4d ago
House for rent in Panama City
1216 Arthur Ave, Panama City, FL 32401
In unit laundry | On site laundry | Hardwood floor
3 beds
2 baths
$2,300
$2,200
Price drop
House for rent
Available Apr 3
5d+ ago
Bunkers Cove house for rent in Panama City
124 N Harris Ave, Panama City, FL 32401
In unit laundry | Garage parking | Hardwood floor
2 beds
1 bath
$1,900
House for rent
5d+ ago
2 beds
1 bath
$1,095
Apartment for rent
5d+ ago
2–3 beds
2 baths
$1,145–$1,245
Apartment for rent
5d+ ago
Townhouse for rent in Panama City
3 beds
2 baths
$1,700
House for rent
5d+ ago
Venetian VIllas townhouse for rent in Panama City
2 beds
1 bath
$1,450
House for rent
5d+ ago
Sherwood house for rent in Panama City
3 beds
1 bath
$1,599
House for rent
5d+ ago
2 beds
1 bath
$1,300
Apartment for rent
5d+ ago
155 155/179 Reagan Road, Panama City, FL 32404
In unit laundry | Air conditioning | On site laundry
2 beds
1 bath
$1,025
Apartment for rent
5d+ ago
House for rent in Panama City
5136 Rivergrass Dr, Panama City, FL 32404
In unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$900
House for rent
Available May 1
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Known for beautiful white beaches and boating, Panama City, Florida is a slice of panhandle paradise. This Floridian city is located along the Gulf Coast of the state's panhandle region, and it's actually the largest one between the state capital of Tallahassee to the east and Pensacola to the west. But don't let that fool you—Panama City has plenty of small-town charm and big-city amenities.
Panama City's slogan, "Where Life Sets Sail," is really fitting, considering the residents' affinity for sailing. There are dozens of sailing charters for those who don't have their own boat and just as many sailing clubs, including ones that offer lessons, for those who do. But this city loves all things boating and watersports. There's a huge fishing charter industry, perfect for beginner and experienced anglers alike. There are many charters for dolphin spotting, too. Or, you can just enjoy the crystal blue waters with some swimming, paddleboarding, and jet skiing from the shore.
Since Panama City’s amazing beaches are a big draw for out-of-towners, tourism is one of the top industries in the town. And since Panama City is also the home of the Tyndall Air Force Base, the military is another major employer. However, there are also jobs in the government sector, thanks to jobs with the City of Panama City, the Bay County School District, and Bay County municipal.
Panama City's rental market offers a good selection of listings, with an average of 345 available per month. The majority of these listings are 2-bedroom and 3-bedroom apartments, each accounting for around 37% of the market. One-bedroom apartments make up 12% of the market, while studios are relatively scarce. Many Panama City apartments offer desirable amenities, with dishwashers being a common feature, available in 59% of listings. Pet-friendliness is also a prevalent perk, with 49% of listings allowing pets, and many of these specifically welcoming small pets. Keep in mind that these figures are based on historical data, but they should give you a sense of what to expect in the current market.
Panama City's rental market has experienced a notable upswing, with average monthly rents increasing by 7.75% in 2024 compared to the previous year, reaching $1,769.76.
Breaking down the market by bed count, 1-bedroom apartments average $1,372.17 per month, representing a 14.32% year-over-year increase. Meanwhile, 2-bedroom apartments average $1,565.67, with a 15.37% annual increase. Studios average $1,171.67, with a 13.95% increase.
The market exhibits seasonal fluctuations, with July typically witnessing the highest rents, 8.59% higher than April, the month with the lowest rents. February and March are the most competitive months, characterized by higher demand relative to available inventory. Conversely, November and December are less competitive, with lower demand. If you're searching for a new apartment during these winter months, you may find prices about 8.59% lower on average than in the summer, although the selection might be limited.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
Panama City rent data for:
Average Rent
$1,926Year Over Year Change
8%
$146
Rentals available, last 30 days
173
The average rent in Panama City, FL, for rentals of all sizes and types, is $1,926, which is a 8.19% increase year-over-year.
The monthly rent for 1-bedroom apartments in Panama City, FL is about $1,270. The average rent for 2-bedroom apartments in Panama City, FL is $1,721, and studios are about $1,327 per month.
See more Panama City, FL rent data on our rent research page.
About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.
Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.
2501 hawks landing blvd
panama city, FL, 32405
1 buccaneer drive
panama city, FL, 32404
1527 lincoln ave
panama city, FL, 32405
1980 discovery loop
panama city, FL, 32405
1515 june ave
panama city, FL, 32405
Showing 1 - 5 of 21 results
Age Range
0-19
23%
20-34
21%
35-44
11%
45-64
25%
65+
18%
Language
English
92%
Spanish
5%
Indo Euro
0%
Asia Pac
0%
Other
1%
Education
No HS
8%
High School
55%
Bachelor's
27%
Master's
6%
Prof Degree
1%
Doctorate
0%
Household Income
0-25k
25%
25-50k
26%
50-75k
19%
75-100k
12%
100-150k
9%
150k+
7%
We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Panama City, 63% of residents reported feeling satisfied or very satisfied with the city overall, which is higher than the national average of 60%.
Top Three Reasons to Live in Panama City
Nightlife
63%Satisfaction rating
Parks & recreation
63%Satisfaction rating
Pet friendly
50%Satisfaction rating
Other Things to Consider
Data last updated in 2024. Do you live here? Take our survey and share your experience.
How we got this data🔑Available apartment rentals | 283 |
---|---|
💰Best rent deal | W 29th Ct |
✨Popular amenities | , , |
🧦In-unit laundry | |
🍽With dishwasher | |
🏠With photos |