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.

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 available

6h ago

Verified

238 Oleander Dr, Laguna Beach, FL 32413

Short term | Furnished | Air conditioning

4 beds

4 baths

$4,298

$3,193

Price drop

Apartment for rent

Top amenities

Central Heat

Dishwasher

Fireplace

Residents Lounge

Swimming Pool

Wi-Fi

6h ago

Verified

220 Sundial St, Panama City Beach, FL 32413

Short term | In-unit laundry | Furnished

4 beds

2 baths

$2,689

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

Furnished

Wi-Fi

6h ago

9.6

Excellent

Verified

8743 Thomas Drive

8743 Thomas Dr, Panama City Beach, FL 32408

Short term | In-unit laundry | Furnished

1–4 beds

1–3 baths

$2,417–$11,493

Apartment for rent

Top amenities

Business Center

Fitness Center

Furnished

In-Unit Laundry

Microwave

Oven

6h ago

9.9

Excellent

Verified

8115 Thomas Drive

8115 Thomas Dr, Lower Grand Lagoon, FL 32408

Short term | In-unit laundry | Furnished

1–2 beds

1–2 baths

$1,636–$1,970

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Furnished

In-Unit Laundry

Oven

1d ago

Short Term condo for rent in Panama City Beach

SNOWBIRD AT THE BEACH! Calypso Tower 3 - Walking distance to Pier Park! Unit 2204

15928 Front Beach Rd, Panama City Beach, FL 32413

Short term | In-unit laundry | Furnished

1 bed

2 baths

$2,400

Condo for rent

Available Nov 15

Top amenities

Cable

Dishwasher

Fitness Center

Furnished

In-Unit Laundry

Swimming Pool

1d ago

Verified

1655 Caleigh Ct, Lynn Haven, FL 32444

Short term | Air conditioning | Dishwasher

3 beds

2.5 baths

$1,924

House for rent

Available Aug 27

Nearby rental good for eco-living

$2,400

Panama City Beach

Nearby rental good for pet owners

$11,159

Inlet Beach

3d ago

Verified

31 Sarah St, Inlet Beach, FL 32461

Short term | Furnished | Air conditioning

5 beds

4 baths

$11,631

$11,159

Price drop

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

Microwave

Oven

Swimming Pool

4d ago

Verified

216 La Paloma Pl, Laguna Beach, FL 32413

Short term | Furnished | Air conditioning

1 bed

1 bath

$2,554

$2,403

Price drop

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Microwave

Oven

Wi-Fi

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4d ago

Short Term apartment for rent in Panama City

5817 Jasmine Ct, Panama City, FL 32404

Short term | In-unit laundry | Garage parking

4 beds

2.5 baths

$1,900

Apartment for rent

Top amenities

Garage Parking

In-Unit Laundry

On-Site Laundry

5d+ ago

Short Term El Centro Beach apartment for rent in Panama City Beach

217 San Pablo St, Panama City Beach, FL 32413

Short term | In-unit laundry | Walk-in closets

4 beds

2 baths

$2,600

Apartment for rent

Top amenities

Fireplace

In-Unit Laundry

Find sweet deals near Panama City

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

$1,900

Panama City

$1,929

Panama City

$1,200

Panama City

$2,100

Panama City

5d+ ago

Verified

5812 Tiagra Dr, Panama City, FL 32404

Short term | Air conditioning | Dishwasher

4 beds

2 baths

$1,929

House for rent

Available Jun 19

5d+ ago

Verified

122 Georgetown Ave, Rosemary Beach, FL 32461

Short term | Furnished | Air conditioning

2 beds

2 baths

$4,379

Condo for rent

Top amenities

Air Conditioning

Central Heat

Microwave

Oven

Swimming Pool

5d+ ago

Verified

22022 Front Beach Rd, Laguna Beach, FL 32413

Short term | Furnished | Air conditioning

5 beds

4 baths

$3,193

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

Furnished

Oven

Swimming Pool

Wi-Fi

5d+ ago

Short Term apartment for rent in Callaway

210 Morning Creek Way, Callaway, FL 32404

Short term | In-unit laundry | Garage parking

4 beds

2 baths

$2,600

$2,500

Price drop

Apartment for rent

Top amenities

Garage Parking

In-Unit Laundry

5d+ ago

Short Term townhouse for rent in Panama City Beach

7472 Shadow Lake Dr, Panama City Beach, FL 32407

Short term | Garage parking | On-site laundry

3 beds

2.5 baths

$1,850

House for rent

Top amenities

On-Site Laundry

5d+ ago

Short Term Grand Lagoon Shores apartment for rent in Upper Grand Lagoon

Detached - Panama City Beach, FL

2917 Allison Ave, Upper Grand Lagoon, FL 32408

Short term | In-unit laundry | Air conditioning

3 beds

2 baths

$1,700

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

Oven

5d+ ago

Short Term apartment for rent in Panama City Beach

140 Treasure Palm Dr, Panama City Beach, FL 32408

Short term | In-unit laundry | Garage parking

3 beds

2 baths

$2,350

Apartment for rent

Top amenities

Dishwasher

Fireplace

Garage Parking

In-Unit Laundry

On-Site Laundry

Storage

5d+ ago

Short Term Palmetto Trace apartment for rent in Panama City Beach

106 Middleburg Dr, Panama City Beach, FL 32413

Short term | In-unit laundry | Garage parking

3 beds

2 baths

$2,695

Apartment for rent

Top amenities

Garage Parking

In-Unit Laundry

Storage

Swimming Pool

5d+ ago

Short Term condo for rent in Panama City Beach

Short term | In-unit laundry | Swimming pool

1 bed

1 bath

$1,300

Condo for rent

Top amenities

In-Unit Laundry

5d+ ago

Short Term townhouse for rent in Lynn Haven

1637 Caleigh Ct, Lynn Haven, FL 32444

Short term | In-unit laundry | Garage parking

3 beds

2.5 baths

$1,900

House for rent

Top amenities

Garage Parking

In-Unit Laundry

161 Grand Lagoon Shores Dr - Photo 1 of 1

5d+ ago

Short Term Grand Lagoon Shores apartment for rent in Upper Grand Lagoon

161 Grand Lagoon Shores Dr, Upper Grand Lagoon, FL 32408

Short term | Garage parking | Fireplace

3 beds

2.5 baths

$2,700

Apartment for rent

5d+ ago

Short Term Biltmore Beach apartment for rent in Lower Grand Lagoon

5930 Sunset Ave, Lower Grand Lagoon, FL 32408

Short term | On-site laundry | Carpet

3 beds

2 baths

$2,200

Apartment for rent

Top amenities

On-Site Laundry

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

Furnished

On-Site Laundry

Swimming Pool

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: June 29, 2026

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