Updated 2 Days 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
Property management
Apartments for rent Panama City BeachApartments for rent Fort Walton BeachApartments for rent Santa Rosa BeachApartments for rent Panama CityApartments for rent CrestviewApartments for rent DeFuniak SpringsApartments for rent Lower Grand LagoonApartments for rent DestinApartments for rent Bid-a-wee BeachApartments for rent NicevilleApartments for rent FreeportApartments for rent Miramar BeachApartments for rent OaklandApartments for rent Laguna BeachApartments for rent Elliott's PointApartments Near Me
Houses for rent Panama City BeachHouses for rent Panama CityHouses for rent Santa Rosa BeachHouses for rent Lower Grand LagoonHouses for rent Miramar BeachHouses for rent Fort Walton BeachHouses for rent DestinHouses for rent NicevilleHouses for rent Mary EstherHouses for rent CrestviewHouses for rent Lake LorraineHouses for rent FreeportHouses for rent ShalimarHouses for rent Laguna BeachHouses for rent DeFuniak SpringsHouses for rent near me
Property Overview
Exchange at North Bay earns strong marks for value, location, and amenities, with an overall rating of 8 out of 10 and especially high scores for price and location. It offers convenient access to nearby essentials, including a grocery store within about 0.3 miles, making it an appealing option for renters seeking a well-rounded property.
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
Floor plans
| A-1 | 1 bed | 1 bath | 598 sqft | $1,279–$1,751 /mo | 6 units available | ||
| A-2 | 1 bed | 1 bath | 598+ sqft | $1,374–$1,802 /mo | 4 units available | ||
| B-1 | 2 bed | 2 bath | 974 sqft | $1,509–$2,121 /mo | 7 units available | ||
| B-2 | 2 bed | 2 bath | 1,053 sqft | $1,584–$2,173 /mo | 7 units available | ||
| B-5 | 2 bed | 2 bath | 1,208 sqft | $1,934–$2,434 /mo | 1 unit available | ||
| C-1 | 3 bed | 2 bath | 1,288 sqft | $2,200–$5,123 /mo | 1 unit 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 $1,279–$5,123 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 185% more expensive per month.Other apartment buildings in or around Panama City include but are not limited to: 8743 Thomas Dr, 8115 Thomas Dr, 617 Gardenia St
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.
8.0
/10
Very GoodWith a solid 8 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·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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
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 2% lower than 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 22% more than the average rent price for 3-bedroom apartments in Panama City.
Median rents as of Sep 5 2026.
Panama City
| Month | Median Rent |
|---|---|
| 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 | $1,352 |
| February 2026 | $1,375 |
| March 2026 | $1,324 |
| April 2026 | $1,315 |
| May 2026 | $1,325 |
| June 2026 | $1,665 |
| July 2026 | $1,431 |
| August 2026 | $1,428 |
| September 2026 | $1,500 |
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
$53,060/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,060 annually to afford this 1-bedroom median monthly rent price of $1,326.
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-
A. GARY WALSINGHAM ACADEMY
44 chip seal parkway
panama city beach, FL, 32407
PK, K-3Public
Advertisement
Internet available near Exchange at North Bay
Neighborhood
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
Compare similar properties nearby
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
The Kelly at 23rd Luxury Apartments
Our team has verified this company2002 Wilson Ave
1–3 Beds
$1,340–$4,355
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
The Kelly at 23rd Luxury Apartments
Our team has verified this company2002 Wilson Ave
1–3 Beds
$1,340–$4,355
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool