Last updated on September 28, 2026

Average rent in
Panama City Beach, FL

Median rent

Median rent in Panama City Beach

$2,000/mo

increased by4%

vs previous year

The average rent in Panama City Beach is $2,000 per month as of September 2026. This is 5% above the national average rent, or $100 more per month.

$1.58

average price per square foot

Total rentals

Available rentals in Panama City Beach

114

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Panama City Beach rentals at each price point

70%53%35%18%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Panama City Beach, FL

Average rent prices in Panama City Beach have increased by 2% over the last month and have increased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Panama City Beach, FL

Rent prices in Panama City Beach vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Panama City Beach is $1,621, whereas a house costs $2,500. 1-bedroom apartments in Panama City Beach run $1,450 on average, while 2-bedroom apartments are $1,715.

Listings

Studio

$1,375

10%

44%

1 bedroom

$1,600

3%

4%

2 bedroom

$2,000

2%

10%

3 bedroom

$2,285

1%

9%

4 bedroom

$3,250

10%

4%

Studio

Average rent

$1,375

Last 30 days

10%

Last year

44%

1 bedroom

Average rent

$1,600

Last 30 days

3%

Last year

4%

2 bedroom

Average rent

$2,000

Last 30 days

2%

Last year

10%

3 bedroom

Average rent

$2,285

Last 30 days

1%

Last year

9%

4 bedroom

Average rent

$3,250

Last 30 days

10%

Last year

4%

The table above reflects average rent prices in Panama City Beach, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Panama City Beach, FL compare to other cities?

Compare median rent prices in Panama City Beach and Callaway by all bedroom counts and property types.

Panama City Beach

Median rent price$2,000
increased by5%

higher than the national median

Median rent price$2,000
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Panama City Beach, FL is equal to the median rent in Callaway, FL.

Discover rentals in Panama City Beach, FL

617 Gardenia Street - Photo 1 of 1

1d ago

7.9

Very good

617 Gardenia Street

617 Gardenia St, Panama City Beach, FL 32407

2 beds

1 bath

$1,000

Edgewater Crossings - Photo 1 of 1
3D tour

2d ago

9.9

Excellent

Our team has verified this company

Verified

Edgewater Crossings

204 Potters Bluff Dr, Panama City Beach, FL 32407

1–3 beds

1–2 baths

$1,317–$2,178

Call

310 Malaga Pl #1 - Photo 1 of 1

5d+ ago

House for rent in Panama City Beach

2 beds

1 bath

$1,345

106 N El Centro Blvd #B - Photo 1 of 1

5d+ ago

El Centro Beach apartment for rent in Panama City Beach

ResidentialLease, Panama City Beach, FL

106 N El Centro Blvd #B, Panama City Beach, FL 32413

2 beds

1 bath

$1,450

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Panama City Beach, FL

Quick answers to common questions about the Panama City Beach rental market.

How much is rent in Panama City Beach?

The average rent in Panama City Beach is $2,000 per month as of September 26, 2026.

Is rent up or down in Panama City Beach?

Average rent prices in Panama City Beach have increased by 2% over the last month and have increased by 4% since last year.

How does Panama City Beach rent compare to the national average?

Rent in Panama City Beach is 5% above the national average, which means renters are paying approximately $100 more per month.

Which neighborhoods are most affordable in Panama City Beach?

The most affordable neighborhoods in Panama City Beach are El Centro Beach ($1,725/mo), Bahama Beach ($1,725/mo), and Tapestry Park ($1,725/mo).

What salary do I need to afford rent in Panama City Beach?

To comfortably afford rent in Panama City Beach, you'd need to earn approximately $80,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Panama City Beach?

February offers the best rental deals in Panama City Beach, with rents running about 12% lower than August peak prices. November and December also see less competition among renters, making them favorable months for apartment hunting.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Callaway