Bedroom count
Property type
Last updated on June 29, 2026
Last updated on June 29, 2026
Bedroom count
Property type
Panama City Beach, FL rent rose 9.2% year over year to a current median of $2,403/month. Renters are paying $786 more per month on average than last year, despite a 4.0% month-over-month decline from the recent peak in May 2026.
Panama City Beach runs 23.2% more expensive than the $1,950/month national median, placing it above average in cost among U.S. rental markets with a total of 113 rentals.
Studios in Panama City Beach command $7,125/month, 1-bedrooms run around $1,712/month, 2-bedrooms at $2,462/month, and 4+ bedrooms reach $3,828/month. The 3-bedroom median is $2,350/month, close to the citywide median.
The Glades saw rents fall 45.7% year over year to $1,900/month, while Palmetto Trace dropped 32.7% and El Centro Beach declined 16.2%. These declines contrast with the citywide 9.2% rise and show localized cooldowns in these neighborhoods.
Median rent in Panama City Beach
$2,403/mo
vs previous year
The average rent in Panama City Beach is $2,403 per month as of June 2026. This is 23% above the national average rent, or $453 more per month.
average price per square foot
Available rentals in Panama City Beach
113
for rent on Zumper.com as of June 2026
Share of Panama City Beach rentals at each price point
Average rent prices in Panama City Beach have decreased by 4% over the last month and have increased by 9% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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 $2,249, whereas a house costs $2,350. 1-bedroom apartments in Panama City Beach run $1,599 on average, while 2-bedroom apartments are $1,820.
Listings | ||||
|---|---|---|---|---|
Studio | $7,125 | 6% | - | |
1 bedroom | $1,712 | No Change | 21% | |
2 bedroom | $2,462 | 2% | 16% | |
3 bedroom | $2,350 | 4% | 5% | |
4 bedroom | $3,827 | 20% | 78% |
Listings | ||
|---|---|---|
Bahama Beach | $1,650 | |
Bid A Wee Beach | $2,100 | |
El Centro Beach | $2,200 | |
Gulf Highlands | $1,999 | |
Lakeside By The Gulf | $1,983 | |
Open Sands | $2,100 | |
Palmetto Trace | $1,850 | |
Seaclusion Beach | $1,950 | |
Tapestry Park | $1,780 | |
The Glades | $1,900 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,249 | 17% | No Change | |
Condos | $2,900 | 10% | No Change | |
Houses | $2,350 | 8% | No Change |
Studio
Average rent
$7,125
Last 30 days
6%
1 bedroom
Average rent
$1,712
Last 30 days
No Change
Last year
21%
2 bedroom
Average rent
$2,462
Last 30 days
2%
Last year
16%
3 bedroom
Average rent
$2,350
Last 30 days
4%
Last year
5%
4 bedroom
Average rent
$3,827
Last 30 days
20%
Last year
78%
El Centro Beach
Average rent
$2,200
Palmetto Trace
Average rent
$1,850
Gulf Highlands
Average rent
$1,999
Bahama Beach
Average rent
$1,650
The Glades
Average rent
$1,900
Open Sands
Average rent
$2,100
Tapestry Park
Average rent
$1,780
Bid A Wee Beach
Average rent
$2,100
Lakeside By The Gulf
Average rent
$1,983
Seaclusion Beach
Average rent
$1,950
Apartments
Average rent
$2,249
Last 30 days
17%
Condos
Average rent
$2,900
Last 30 days
10%
Houses
Average rent
$2,350
Last 30 days
8%
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.
Compare median rent prices in Panama City Beach and Callaway by all bedroom counts and property types.
Panama City Beach
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Panama City Beach, FL is 14% higher than the median rent in Callaway, FL.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Panama City Beach rental market.
The average rent in Panama City Beach is $2,403 per month as of June 27, 2026.
Average rent prices in Panama City Beach have decreased by 4% over the last month and have increased by 9% since last year.
Rent in Panama City Beach is 23% above the national average, which means renters are paying approximately $453 more per month.
The most affordable neighborhoods in Panama City Beach are Bahama Beach ($1,650/mo), Tapestry Park ($1,780/mo), and Palmetto Trace ($1,850/mo).
To comfortably afford rent in Panama City Beach, you'd need to earn approximately $96,000/year, based on spending no more than 30% of your income on rent.
Panama City Beach's 2025 rental market shows one-bedroom apartments averaging around $1,400 per month, while two-bedroom units rent for around $1,900 monthly. These figures reflect the current pricing across Florida's Gulf Coast rental market.
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).