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The average rent in Panama City, as of July 2026, is down 16.08% compared to last month but up 14.81% year-over-year.
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5h ago
Verified
2002 Wilson Ave, Panama City, FL 32405
In-unit laundry | Swimming pool | Fitness center
1–3 beds
1–2 baths
$1,449–$4,416
Price drop
Apartment for rent
23h ago
Verified
1105 Clara Ave, Panama City, FL 32407
In-unit laundry | Garage parking | Swimming pool
Studio–3 beds
1–2 baths
$1,299–$2,350
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
3 beds
2 baths
$1,650
Apartment for rent
2d ago
Townhouse for rent in Panama City
2 beds
1.5 baths
$1,195
House for rent
2d ago
2 beds
2 baths
$1,000–$1,175
Apartment for rent
4d ago
Apartment for rent in Panama City
2 beds
1 bath
$1,361
Apartment for rent
Available Sep 14
5d+ ago
Townhouse for rent in Panama City
3 beds
2.5 baths
$1,400
House for rent
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5d+ ago
Condo for rent in Panama City
On-site laundry | Swimming pool | Waterfront
1 bed
1 bath
$1,250
Condo for rent
5d+ ago
Apartment for rent in Panama City
6707 E Highway 22 #A, Panama City, FL 32404
On-site laundry | Storage | Outdoor space
2 beds
1 bath
$950
Apartment for rent
On-Site Laundry
Outdoor Space
In-Unit Laundry
Dishwasher
1h ago
2 beds
1 bath
$1,200
Apartment for rent
2h ago
3519 E 1st Ct, Panama City, FL 32401
On-site laundry | Storage | On-site management
2–3 beds
1 bath
$995–$1,095
Apartment for rent
3h ago
House for rent in Panama City
1420 Beck Ave #A, Panama City, FL 32401
In-unit laundry | Furnished | Outdoor space
1 bed
1 bath
$1,300
House for rent
4h ago
2 beds
1 bath
$1,100
Apartment for rent
6h ago
Apartment for rent in Panama City
2 beds
1 bath
$1,200
Apartment for rent
9h ago
Apartment for rent in Panama City
2 beds
2 baths
$1,550
Apartment for rent
9h ago
Bunkers Cove apartment for rent in Panama City
240 Harmon Ave #212, Panama City, FL 32401
Swimming pool | Dishwasher
2 beds
1.5 baths
$1,225
Apartment for rent
Available Aug 15
10h ago
155 155/179 Reagan Road, Panama City, FL 32404
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$1,275
House for rent
13h ago
House for rent in Panama City
4 beds
2 baths
$2,275
House for rent
Available Jul 3
13h ago
House for rent in Panama City
3 beds
2 baths
$2,175
House for rent
Available Jul 17
18h ago
2100 W Beach Dr, Panama City, FL 32401
Furnished | Balcony | Swimming pool
1 bed
1 bath
$2,000
Condo for rent
Available Jul 18
1d ago
2 beds
1 bath
$1,250
Apartment for rent
1d ago
Apartment for rent in Panama City
1510 Arthur Ave #B, Panama City, FL 32405
In-unit laundry | On-site laundry | Outdoor space
2 beds
1 bath
$1,300
Apartment for rent
1d ago
Bunkers Cove apartment for rent in Panama City
388 Massalina Dr, Panama City, FL 32401
Fireplace | Carpet | Outdoor space
2 beds
2 baths
$1,750
Apartment for rent
1d ago
Bay VIew house for rent in Panama City
2 beds
1 bath
$1,700
House for rent
1d ago
1–3 beds
1–2 baths
$1,200–$2,965
Apartment for rent
1d ago
Apartment for rent in Panama City
3 beds
1 bath
$1,100
Apartment for rent
1d ago
1510 Arthur Ave, Panama City, FL 32405
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$1,300
Apartment for rent
1d ago
House for rent in Panama City
5545 Lexa Ln, Panama City, FL 32404
Garage parking | Swimming pool | Storage
4 beds
2 baths
$2,100
House for rent
2d ago
Townhouse for rent in Panama City
2 beds
2 baths
$1,600
House for rent
2d ago
Cherokee Heights house for rent in Panama City
3 beds
2 baths
$2,300
House for rent
2d ago
2 beds
1 bath
$1,095
Apartment for rent
2d ago
1 bed
1 bath
$1,200
Apartment for rent
2d ago
House for rent in Panama City
5 beds
3 baths
$2,800
House for rent
Available Jul 18
2d ago
Townhouse for rent in Panama City
812 Maple Ave #B, Panama City, FL 32401
In-unit laundry | Air conditioning | Assigned parking
1 bed
1 bath
$1,225
House for rent
Available Jul 15
2d ago
6101 Harvey St, Panama City, FL 32404
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$1,050
Apartment for rent
2d ago
Apartment for rent in Panama City
2 beds
2 baths
$1,300
Apartment for rent
2d ago
Townhouse for rent in Panama City
2 beds
1 bath
$1,350
House for rent
2d ago
House for rent in Panama City
7504 Delancey St, Panama City, FL 32404
In-unit laundry | On-site laundry | High ceilings
4 beds
2 baths
$2,325
House for rent
3d ago
House for rent in Panama City
3 beds
2 baths
$1,900
House for rent
3d ago
2 beds
1 bath
$1,000
Apartment for rent
3d ago
6707 E Highway 22, Panama City, FL 32404
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$950
Apartment for rent
3d ago
House for rent in Panama City
6563 Lazar Ln #NA, Panama City, FL 32404
In-unit laundry | Air conditioning | Garage parking
4 beds
2 baths
$2,395
House for rent
Available Jul 20
3d ago
Apartment for rent in Panama City
2 beds
1.5 baths
$1,125
Apartment for rent
3d ago
Bunkers Cove apartment for rent in Panama City
1 bed
1 bath
$1,000
Apartment for rent
4d ago
Apartment for rent in Panama City
2 beds
1 bath
$1,200
Apartment for rent
4d ago
Condo for rent in Panama City
141 Kraft Ave #B, Panama City, FL 32401
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$1,400
Condo for rent
Available Aug 1
4d ago
3 beds
2 baths
$30,000–$40,000
Apartment for rent
4d ago
Bayside house for rent in Panama City
3 beds
3 baths
$3,500
House for rent
Available Jul 15
4d ago
House for rent in Panama City
723 Berthe AvenueUnit #212, Panama City, FL 32404
Air conditioning | Balcony | Roof deck
2 beds
1 bath
$1,100
House for rent
Available Jul 13
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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.
Residents 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.
Based on Zumper's July 2026 data, one-bedroom apartments in Panama City average around $1,330/month and two-bedrooms approximately $1,300/month.
December offers the best apartment hunting conditions in Panama City with the least competition from other renters and reduced demand. May typically sees the lowest rents while July has the highest, with about a 10% difference between peak and off-peak months.
Mayfield stands out as the most sought-after neighborhood, generating over 3 times more consumer interest than average. For social living, Gwaltney Estate, Gulf Coast, Bunkers Cove, and Glenwood offer strong community connections with high walk and transit scores.
Budget-conscious renters can find affordable options in Venetian Villas at $875/month (28% below city median), Bunkers Cove at $1,145/month (5% below median), or Mayfield at $1,156/month (4% below median).
Based on Zumper's current listings, roughly 29% of Panama City rentals welcome pets, which works out to about 111 pet-friendly apartments each month. Sherwood, Glenwood, Bay View, and Northshore are particularly accommodating with pet-safe windows and dedicated pet spaces.
In our current listings, utilities-included rentals are rare in Panama City, showing up in just 0.03% of units. Studios lead at 0.17% while one-bedrooms follow at 0.15% of available listings.
Based on our current listings data, Panama City's rental market features a mix of architectural styles with Craftsman homes from the early 20th century leading at 48% of properties, while contemporary designs make up 36% of available rentals.
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 2026 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 | 303 |
|---|---|
| 💰Best rent deal | 6707 E Highway 22 |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |