How much is the average rent in Panama City, FL for 1-bedroom and 2-bedroom apartments?

Panama City's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units average around $1,400 monthly. Two-bedroom apartments represent the largest segment of available rentals at 37% of listings, making them relatively easy to find in the current market.

Are rents going up or down in Panama-City, FL?

Rents in Panama City, FL are on the rise, with a notable upswing of 7.75% in 2024 compared to the previous year.

When is the best time to look for an apartment in Panama City, FL?

May offers the lowest rental prices in Panama City, while December represents the least competitive period with reduced overall demand. These months create opportunities for better deals, as July typically sees the highest rent levels with a 9.6% difference between peak and off-peak pricing.

What are the best neighborhoods to rent an apartment in Panama City, FL?

Gwaltney Estate, Bunkers Cove, Sherwood, and Glenwood rank as Panama City's most sought-after neighborhoods for social living, offering safety, restaurants, and walkability. Bunkers Cove stands out as particularly popular with one-bedroom rents around $1,400, though it has limited availability with only 13 listings representing 6% of the market.

What areas of Panama City, FL are best for budget-conscious renters?

Bunkers Cove offers rental options with a median rent around $1,600, though specific data on other budget-friendly neighborhoods is limited. Renters seeking lower costs should consider timing their search for May when citywide rental prices typically reach their lowest point of the year.

Are there pet-friendly apartments in Panama City, FL?

Panama City offers good options for pet owners, with 36% of rental listings welcoming pets. Oakland Terrace, Sherwood, Southport, and Bylsma Manor Estates specifically cater to pet owners with features like dog parks, pet-safe windows, and outdoor spaces designed for furry companions.

Are utilities usually included in rent in Panama City, FL?

Utilities are rarely included in Panama City rental prices, with only 12 total listings including utilities, representing less than 1% of available apartments. This pattern holds across all bedroom types, from studios to three-bedroom units, where utility inclusion remains uncommon.

Are most apartments in Panama City, FL largely older buildings or new developments?

Panama City's rental market features predominantly Craftsman architecture from the early 20th century, representing 55% of available properties with characteristic low-pitched roofs and exposed wooden beams. Contemporary style accounts for 25% of the market, offering modern amenities like open floor plans and large windows from post-World War II development.

Short Term Rentals in Panama City, FL

25 rentals

14h ago

Verified

15900 Front Beach Rd, Panama City Beach, FL 32413

Short term | Furnished | Air conditioning

1 bed

1 bath

$5,103

Apartment for rent

Top amenities

Central Heat

Elevator

Furnished

Swimming Pool

Wi-Fi

14h ago

Verified

15100 Front Beach Rd, Panama City Beach, FL 32413

Short term | Furnished | Air conditioning

1 bed

1 bath

$2,845

$2,735

Price drop

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Dishwasher

Fitness Center

Microwave

Wi-Fi

14h ago

Verified

5710 Sunset Ave, Lower Grand Lagoon, FL 32408

Short term | Furnished | Air conditioning

2 beds

2 baths

$3,901

$3,508

Price drop

Apartment for rent

Top amenities

Elevator

Furnished

On-Site Laundry

Oven

Wi-Fi

14h ago

Verified

12011 Front Beach Rd, Panama City Beach, FL 32407

Short term | Furnished | Air conditioning

2 beds

2 baths

$5,652

$4,053

Price drop

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

Oven

Swimming Pool

Wi-Fi

14h ago

Verified

300 Mercedes Ave, Panama City, FL 32401

Short term | Furnished | Air conditioning

3 beds

2 baths

$4,229

$4,047

Price drop

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Furnished

Swimming Pool

Wi-Fi

14h ago

Verified

501 Dolphin St, Panama City Beach, FL 32413

Short term | In-unit laundry | Furnished

4 beds

4.5 baths

$6,445

Apartment for rent

Top amenities

Fireplace

Furnished

In-Unit Laundry

Microwave

Wi-Fi

Nearby rental good for eco-living

$5,103

Panama City Beach

Nearby rental good for pet owners

$3,954

Bid-a-wee Beach

14h ago

Verified

505 Anemone St, Panama City Beach, FL 32413

Short term | In-unit laundry | Furnished

2 beds

2 baths

$4,910

$3,954

Price drop

Apartment for rent

Top amenities

Assigned Parking

Central Heat

Furnished

In-Unit Laundry

Wi-Fi

14h ago

Verified

14300 Millcole Ave, Panama City Beach, FL 32413

Short term | In-unit laundry | Furnished

7 beds

7.5 baths

$22,948

$19,082

Price drop

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

Microwave

Swimming Pool

Wi-Fi

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14h ago

Verified

11832 Front Beach Rd, Panama City Beach, FL 32407

Short term | In-unit laundry | Furnished

1 bed

2 baths

$3,701

$3,584

Price drop

Condo for rent

Top amenities

Elevator

Furnished

Package Service

Swimming Pool

Wi-Fi

14h ago

Verified

11800 Front Beach Rd, Panama City Beach, FL 32407

Short term | In-unit laundry | Furnished

1 bed

2 baths

$5,868

$5,294

Price drop

Apartment for rent

Top amenities

Elevator

Fitness Center

Package Service

Swimming Pool

Wi-Fi

Find sweet deals near Panama City

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,949

Panama City

$1,200

Panama City

$1,799

Lynn Haven

$1,900

Lynn Haven

14h ago

Verified

102 Gulfside Dr, Panama City Beach, FL 32407

Short term | In-unit laundry | Furnished

2 beds

2 baths

$5,452

$4,636

Price drop

Condo for rent

Top amenities

Air Conditioning

Central Heat

Fitness Center

Microwave

Wi-Fi

14h ago

Verified

8730 Thomas Dr, Panama City, FL 32408

Short term | Furnished | Air conditioning

1 bed

1 bath

$1,488

$1,386

Price drop

Apartment for rent

Top amenities

Central Heat

Dishwasher

Elevator

Microwave

Wi-Fi

14h ago

Verified

135 Grande Island Blvd, Panama City Beach, FL 32407

Short term | In-unit laundry | Furnished

3 beds

3.5 baths

$3,591

$3,030

Price drop

House for rent

Top amenities

Central Heat

Furnished

In-Unit Laundry

Oven

Swimming Pool

1d ago

Verified

10811 Front Beach Rd, Panama City Beach, FL 32407

Short term | In-unit laundry | Furnished

3 beds

2 baths

$4,687

$3,671

Price drop

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Central Heat

Furnished

Oven

1d ago

Short Term Bay VIew townhouse for rent in Panama City

Short term | On-site laundry | Outdoor space

2 beds

1.5 baths

$1,500

House for rent

Top amenities

On-Site Laundry

3d ago

Short Term townhouse for rent in Panama City

$2,500 - 3 Bedroom 2.5 Bathroom Townhouse In Panama City With Great Amenities

395 N Gay Ave #395, Panama City, FL 32404

Short term | In-unit laundry | Furnished

3 beds

2.5 baths

$2,500

House for rent

Available Jun 9

Top amenities

Assigned Parking

Furnished

In-Unit Laundry

5d+ ago

Short Term townhouse for rent in Panama City Beach

Robin Lane

150 Robin Ln, Panama City Beach, FL 32407

Short term | In-unit laundry | Furnished

2 beds

1.5 baths

$3,200

House for rent

Available Nov 1

Top amenities

Cable

Fitness Center

Furnished

In-Unit Laundry

Microwave

Swimming Pool

New construction

5d+ ago

Short Term townhouse for rent in Panama City

302 Penny Ct. Panama City, FL

302 Penny Ct, Panama City, FL 32401

Short term | In-unit laundry | Furnished

1 bed

1 bath

$1,600

House for rent

Available Jun 1

Top amenities

Cable

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Verified

5812 Tiagra Dr, Panama City, FL 32404

Short term | Air conditioning | Dishwasher

4 beds

2 baths

$1,949

House for rent

Available Jun 21

5d+ ago

Short Term Bid-a-wee Beach house for rent in Panama City Beach

Albatross at Bid-A-Wee | 8BR Walk to the Gulf

503 Albatross St #NA, Panama City Beach, FL 32413

Short term | In-unit laundry | Furnished

8 beds

7 baths

$30,000

House for rent

Available Apr 1

Top amenities

Air Conditioning

Assigned Parking

Concierge Service

Garage Parking

Hardwood Floor

In-Unit Laundry

5d+ ago

Short Term condo for rent in Panama City

Welcome to Tyndall Paradise - A Fully Furnished & All-Inclusive Home for Traveling Professionals

4900 E 4th St #E, Panama City, FL 32404

Short term | In-unit laundry | Air conditioning

1 bed

2 baths

$2,500

Condo for rent

Available Jun 2

Top amenities

Assigned Parking

Hardwood Floor

In-Unit Laundry

5d+ ago

Verified

1656 Caleigh Ct, Lynn Haven, FL 32444

Short term | Air conditioning | Dishwasher

3 beds

2.5 baths

$1,799

House for rent

Available Apr 22

5d+ ago

Short Term apartment for rent in Panama City

4979 Shurer Ln, Panama City, FL 32404

Short term | Furnished | Air conditioning

2 beds

1 bath

$1,200

Apartment for rent

Available Mar 19

Top amenities

Air Conditioning

Assigned Parking

On-Site Laundry

New construction

5d+ ago

Short Term apartment for rent in Panama City

ResidentialLease, Panama City, FL

300 Penny Ct, Panama City, FL 32401

Short term | In-unit laundry | Garage parking

3 beds

2 baths

$2,400

Apartment for rent

Top amenities

Garage Parking

In-Unit Laundry

On-Site Laundry

5d+ ago

Short Term townhouse for rent in Panama City

ResidentialLease, Panama City, FL

5764 Callaway Cir, Panama City, FL 32404

Short term | In-unit laundry | Furnished

3 beds

2.5 baths

$2,100

House for rent

Top amenities

Furnished

In-Unit Laundry

Showing 1 - 25 of 25 results

Home > Apartments in Panama City > Panama City Short term rentals

Updated: May 15, 2026

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