1 Day Ago
Location
3625 Frankford Ave, Panama City, FL 32405, USA
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Tour Exchange at North Bay
Contact
Managed by
Management
Evolve Property Management
Nearby rentals
Renter hub
Property management
Apartments for rent DestinApartments for rent Fort Walton BeachApartments for rent Panama City BeachApartments for rent Crystal BeachApartments for rent Santa Rosa BeachApartments for rent DeFuniak SpringsApartments for rent Miramar BeachApartments for rent Panama CityApartments for rent NicevilleApartments for rent Downtown DestinApartments for rent Laguna BeachApartments for rent Elliott's PointApartments for rent CrestviewApartments for rent FreeportApartments for rent Lake LorraineApartments Near Me
Houses for rent DestinHouses for rent Panama City BeachHouses for rent Miramar BeachHouses for rent Panama CityHouses for rent Santa Rosa BeachHouses for rent Bahama BeachHouses for rent Fort Walton BeachHouses for rent NicevilleHouses for rent CrestviewHouses for rent Mary EstherHouses for rent CrestviewHouses for rent OaklandHouses for rent FreeportHouses for rent East Miracle StripHouses for rent NorthwestHouses for rent near me
Property Overview
Exchange at North Bay receives an 8.3 out of 10 overall rating from Zumper, highlighting its competitive pricing and impressive array of amenities. Its prime location earns a 9 out of 10, providing exceptional convenience to key points of interest. With a trustworthiness rating of 7 out of 10, the property reflects transparency in its offerings, while its proximity to grocery stores adds to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
Floor plans
| A-1 | 1 bed | 1 bath | 598 sqft | $1,280–$2,088 /mo | 7 units available | ||
| A-2 | 1 bed | 1 bath | 598+ sqft | $1,290–$2,062 /mo | 7 units available | ||
| B-1 | 2 bed | 2 bath | 974 sqft | $1,471–$2,973 /mo | 7 units available | ||
| B-2 | 2 bed | 2 bath | 1,053 sqft | $1,531–$2,973 /mo | 6 units available | ||
| B-5 | 2 bed | 2 bath | 1,208 sqft | $1,896–$3,617 /mo | 2 units available | ||
| C-1 | 3 bed | 2 bath | 1,288 sqft | $1,863–$2,750 /mo | 4 units available |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 256 |
|---|
Advertisement
About Exchange at North Bay
Exchange at North Bay cost $1,280–$3,617 per month. Located at 3625 Frankford Ave, Panama City, FL 32405, USA, Exchange at North Bay has 1 — 3 bedroom units available. Based on the average rent price of 3 bedrooms in Panama City, renting an apartment at Exchange at North Bay is 90% more expensive per month.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Exchange at North Bay is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Exchange at North Bay has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Exchange at North Bay offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Exchange at North Bay is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Exchange at North Bay is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Exchange at North Bay does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Exchange at North Bay provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Exchange at North Bay compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 83 sqft larger than other listings nearby
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Panama City
1-bedroom apartments here are priced about the same as 1-bedrooms in Panama City.
If you decide to upgrade your space, you can expect 2-bedrooms at Exchange at North Bay to be 29% more than the average for similarly sized apartments in Panama City.
3-bedroom apartments at Exchange at North Bay cost about 2% less than the average rent price for 3-bedroom apartments in Panama City.
Median rents as of Jan 24 2026.
Panama City
| Month | Median Rent |
|---|---|
| June 2024 | $900 |
| September 2024 | $900 |
| October 2024 | $743 |
| November 2024 | $725 |
| December 2024 | $841 |
| January 2025 | $875 |
| February 2025 | $962 |
| March 2025 | $990 |
| April 2025 | $1,043 |
| May 2025 | $1,135 |
| June 2025 | $1,036 |
| July 2025 | $1,147 |
| August 2025 | $1,035 |
| September 2025 | $915 |
| October 2025 | $875 |
| November 2025 | $1,081 |
| December 2025 | $1,353 |
| January 2026 | $1,338 |
Affordability calculator
Can I afford to live at 3625 Frankford Ave?
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
$51,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,400 annually to afford this 1-bedroom median monthly rent price of $1,285.
For more information on rent affordability, visit our rent calculator.
Schools near Exchange at North Bay
Northside Elementary School
2001 northside dr
panama city, FL, 32405
PK, K-5Public
B
Bay Virtual Franchise
1515 june ave
panama city, FL, 32405
K-12Public
C+
St. Andrew School
2010 w 12th st
panama city, FL, 32401
PK, K-5Public
C+
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
Advertisement
Internet available near Exchange at North Bay
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Panama City near 3625 Frankford Ave
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 3625 Frankford Ave, Panama City
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
1/10
No high schools within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
Explore the area around 3625 Frankford Ave
Publix
3213 W Highway 390
Sam's Club
1707 W 23rd St
Publix
650 W 23rd St
Jamerican Foods LLC
2015 Pritchard St
Walmart Supercenter
513 W 23rd St
Wax Boutique PC
2402 Lisenby Ave
Sam's Club
1707 W 23rd St
Academy Sports + Outdoors
820 W 23rd St
J Scott Outdoors
2402 Mound Ave
Family Dollar
4129 Northshore Rd
Dunkin'
1200 W 23rd St
Zarati Coffee & Lounge
3704 W 23rd St
Tropical Smoothie Cafe
652 W 23rd St
Krispy Kreme Doughnuts
465 W 23rd St
Dunkin'
3706 W Highway 98
Outrigger Lounge
2626 W 23rd St
Outback Steakhouse
861 W 23rd St
Applebee's Grill + Bar
678 W 23rd St
The Bungalow
3200 W Highway 98
Gold Nugget
3901 W Highway 98
Tiri Pastraidh & Cruthachadh
3910 Arbor Trace Dr
sweetFrog
748 W 23rd St
Olive Leaves Health Food Store
634 W 23rd St
K & S Specialties
627 W 23rd St
Walmart Bakery
513 W 23rd St
Krispy Krunchy Chicken
3715 Airport Rd
Wild Gamers Smokehouse
456 Makers Way
Sonny's Real Pit Bar-B-Q
2400 Saint Andrews Blvd
Persis Biryani Indian Grill
1818 W 23rd St
Sam's Club Cafe
1707 W 23rd St
23rd St. & Frankford Ave.
Panama City Mall/Gulf Coast State College
23rd St. & Frankford Ave.
Panama City Mall/Gulf Coast State College
23rd St. & Fortune Ave.
Panama City Mall/Gulf Coast State College
23rd St. & Ruth Hentz Ave.
Panama City Mall/Gulf Coast State College
23rd St. & Regency Theater Parking Lot
Panama City Mall/Gulf Coast State College
Compare similar properties nearby
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
The Kelly at 23rd Luxury Apartments
Our team has verified this company2002 Wilson Ave
1–3 Beds
$1,410–$3,719
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
The Kelly at 23rd Luxury Apartments
Our team has verified this company2002 Wilson Ave
1–3 Beds
$1,410–$3,719
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool
- dogs ok
- in-unit laundry
- swimming pool