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The average monthly rent in Panama City is down 1.79% compared to last month but up 17.57% year-over-year.
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1d ago
Verified
2002 Wilson Ave, Panama City, FL 32405
In-unit laundry | Swimming pool | Fitness center
1–3 beds
1–2 baths
$1,469–$2,912
Apartment for rent
2d ago
Verified
2401 Stanford Road, Panama City, FL 32405
Air conditioning | On-site laundry | Balcony
1–3 beds
1–2 baths
$1,386–$1,940
Apartment for rent
Available Apr 5
3d ago
2 beds
1 bath
$1,200
Apartment for rent
3d ago
2 beds
1 bath
$1,150
Apartment for rent
5d+ ago
Southport townhouse for rent in Panama City
3 beds
2 baths
$1,550
House for rent
5d+ ago
House for rent in Panama City
3 beds
1 bath
$1,400
House for rent
Available Aug 1
5d+ ago
House for rent in Panama City
508 Tracey Dr, Panama City, FL 32404
In-unit laundry | Air conditioning | Garage parking
4 beds
3 baths
$2,500
House for rent
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5d+ ago
Apartment for rent in Panama City
2 beds
1 bath
$1,200
Apartment for rent
Available Aug 25
3h ago
Apartment for rent in Panama City
6101 Harvey St, Panama City, FL 32404
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$1,050
Apartment for rent
Outdoor Space
Dishwasher
In-Unit Laundry
Swimming Pool
6h ago
Apartment for rent in Panama City
1301 Foster Ave #A, Panama City, FL 32401
In-unit laundry | Furnished | Air conditioning
4 beds
4 baths
$2,200
Apartment for rent
Available Sep 22
7h ago
Bunkers Cove house for rent in Panama City
2 beds
1 bath
$1,350
House for rent
7h ago
Townhouse for rent in Panama City
3 beds
3 baths
$2,100
$2,000
Price drop
House for rent
8h ago
House for rent in Panama City
3 beds
2 baths
$2,265
House for rent
11h ago
Gwaltney Estate condo for rent in Panama City
2100 W Beach Dr #J101, Panama City, FL 32401
In-unit laundry | Furnished | Swimming pool
2 beds
2 baths
$1,850
Condo for rent
12h ago
House for rent in Panama City
3 beds
2 baths
$1,850
House for rent
1d ago
2 beds
1 bath
$1,400
Apartment for rent
1d ago
Bunkers Cove house for rent in Panama City
343 N Bonita Ave #NA, Panama City, FL 32401
Air conditioning | Assigned parking | Hardwood floor
3 beds
2 baths
$2,100
House for rent
Available Sep 21
1d ago
1–3 beds
1–2 baths
$1,293–$2,538
Apartment for rent
2d ago
Venetian VIllas townhouse for rent in Panama City
1209 Capri Dr #C, Panama City, FL 32405
In-unit laundry | Furnished | On-site laundry
1 bed
0 baths
$815
House for rent
Available Sep 20
3d ago
House for rent in Panama City
3 beds
2 baths
$2,100
$1,950
Price drop
House for rent
3d ago
Townhouse for rent in Panama City
3 beds
3 baths
$1,850
$1,750
Price drop
House for rent
3d ago
Townhouse for rent in Panama City
2 beds
2 baths
$1,300
$1,200
Price drop
House for rent
3d ago
House for rent in Panama City
3 beds
2 baths
$2,300
$2,200
Price drop
House for rent
3d ago
Townhouse for rent in Panama City
2 beds
2 baths
$1,200
House for rent
3d ago
2 beds
1 bath
$1,150
Apartment for rent
3d ago
1–3 beds
1 bath
$875–$1,095
Apartment for rent
3d ago
1 bed
1 bath
$1,150–$1,195
Apartment for rent
3d ago
2 beds
1 bath
$1,095–$1,200
Apartment for rent
4d ago
House for rent in Panama City
Fireplace | Dishwasher
3 beds
2 baths
$1,500
House for rent
4d ago
Apartment for rent in Panama City
2 beds
1 bath
$1,400
$1,300
Price drop
Apartment for rent
4d ago
Bunkers Cove house for rent in Panama City
2 beds
2 baths
$1,895
$1,695
Price drop
House for rent
4d ago
2 beds
2 baths
$1,075
Apartment for rent
4d ago
House for rent in Panama City
4 beds
2 baths
$2,400
House for rent
4d ago
House for rent in Panama City
3 beds
2 baths
$2,300
House for rent
Available Aug 1
4d ago
House for rent in Panama City
3 beds
2 baths
$1,650
House for rent
5d+ ago
Townhouse for rent in Panama City
2 beds
1 bath
$1,500
$1,400
Price drop
House for rent
5d+ ago
House for rent in Panama City
479 Eagle Lake Way #NA, Panama City, FL 32404
Garage parking | Assigned parking | Swimming pool
4 beds
2 baths
$2,400
House for rent
Available Aug 1
5d+ ago
Townhouse for rent in Panama City
3 beds
2 baths
$1,850
House for rent
5d+ ago
House for rent in Panama City
3 beds
2 baths
$2,200
House for rent
Available Nov 1
5d+ ago
2 beds
2 baths
$975
Apartment for rent
5d+ ago
6321 Lenawee St, Panama City, FL 32404
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$1,000
Apartment for rent
5d+ ago
Gwaltney Estate condo for rent in Panama City
2 beds
1 bath
$1,500
Condo for rent
5d+ ago
629/631 S Hwy 22A, Panama City, FL 32404
In-unit laundry | Air conditioning | On-site laundry
2 beds
2 baths
$1,250
House for rent
5d+ ago
House for rent in Panama City
12013 Hauser Rd #NA, Panama City, FL 32404
In-unit laundry | Furnished | Air conditioning
3 beds
2 baths
$2,200
House for rent
Available Oct 1
5d+ ago
Townhouse for rent in Panama City
3 beds
2 baths
$1,950
House for rent
5d+ ago
House for rent in Panama City
1402 Clay Ave, Panama City, FL 32401
In-unit laundry | Furnished | Garage parking
3 beds
2 baths
$2,400
$2,300
Price drop
House for rent
Available Sep 6
5d+ ago
House for rent in Panama City
3 beds
2 baths
$2,100
House for rent
5d+ ago
Apartment for rent in Panama City
2 beds
1 bath
$1,145
Apartment for rent
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7 rentals
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157 rentals
11 rentals
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68 rentals
92 rentals
16 rentals
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 rent data for:
As of today, you'll find 165 apartments for rent in Panama City, with a median rent price of $1,750 per month. Panama City has seen a 18%—or $316—increase in median rent price compared to the previous year.Average Rent
$1,750Year Over Year Change
18%
$316
Rentals available, last 30 days
165
The average rent in Panama City, FL, for rentals of all sizes and types, is $1,750, which is a 17.57% increase year-over-year.
The monthly rent for 1-bedroom apartments in Panama City, FL is about $1,299. The average rent for 2-bedroom apartments in Panama City, FL is $1,350, and studios are about $995 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.
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 dataResidents of Panama City, FL, appreciate the beautiful beaches and outdoor activities that the area offers. The local atmosphere is often described as relaxed, making it easy to enjoy seaside life. Many find the community's proximity to natural attractions appealing, along with a range of local dining options. However, some locals express concerns about the limited public transportation and occasional traffic issues, which can affect commuting and accessibility.
The average rent for a 1-bedroom apartment in Panama City, FL is approximately $1,321, while a 2-bedroom apartment averages around $1,399.
Rents in Panama City, FL are on the rise, with a notable upswing of 7.75% in 2024 compared to the previous year.
The best time to look for an apartment in Panama City, FL is during the winter months of November and December when demand is lower, and prices are about 8.59% less than in the summer, although the selection may be limited.
Yes, about 52.53% of listings in Panama City, FL are pet-friendly, with many specifically welcoming small pets.
Utilities are included in about 8% of the rental listings in Panama City, FL.
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.
🔑Available apartment rentals | 280 |
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💰Best rent deal | 1209 Capri Dr #C |