Bedroom count

Property type

Last updated on February 22, 2026

Average rent in
Panama City, FL

Last updated on February 22, 2026

Last updated on February 22, 2026

Bedroom count

Property type

As of February 2026, the median rent for all bedroom counts and property types in Panama City, FL is $1,712. This is -10%, or $187, lower than the national average.

$1.39

average price per square foot

Median rent

$1,712

increased by1%
over the previous yearvs previous year

Total rentals

240

for rent on Zumper.com

As of February 2026, the median rent for all bedroom counts and property types in Panama City, FL is $1,712. This is -10%, or $187, lower than the national average.

$1.39

average price per square foot

Rent ranges

0%
37%
43%
15%
5%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

52%
48%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Panama City, FL

Rent price trends

Rent prices for all bedroom counts and property types in Panama City, FL have decreased by 3% in the last month and have increased by 1% in the last year.

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

Rent comparables in
Panama City, FL

The monthly rent for an apartment in Panama City, FL is $1,350. A 1-bedroom apartment in Panama City, FL costs about $1,386 on average, while a 2-bedroom apartment is $1,215. Houses for rent in Panama City, FL are more expensive, with an average monthly cost of $1,887.

Comparables

1 bedroom

$1,200

1%

2%

2 bedroom

$1,300

No Change

8%

3 bedroom

$1,875

1%

3%

4 bedroom

$2,400

4%

33%

Studio

$1,390

3%

370%

Studio

Average rent

$1,390

Last 30 days

3%

Last year

370%

1 bedroom

Average rent

$1,200

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$1,300

Last 30 days

No Change

Last year

8%

3 bedroom

Average rent

$1,875

Last 30 days

1%

Last year

3%

4 bedroom

Average rent

$2,400

Last 30 days

4%

Last year

33%

The table above reflects average rent prices in Panama City, 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 rent prices in Panama City, FL to other cities

Median rent prices in Panama City, FL for all bedroom counts and property types compared to Callaway, FL.

Panama City

Median rent price$1,712
decreased by10%

lower than the national median

Median rent price$2,100
increased by11%

higher than the national median

Takeaway

The median rent for all rentals in Panama City, FL is 18% lower than the median rent in Callaway, FL.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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

Average rent in
Nearby cities

Explore rent trends in other markets

Callaway

$2,100

increased by11%

Last year

Cedar Grove

$1,350

decreased by40%

Last year

Crestview

$1,850

Flat

Last year

Fort Walton Beach

$1,712

increased by19%

Last year

Lower Grand Lagoon

$1,650

increased by77%

Last year

Lynn Haven

$1,900

increased by3%

Last year

Panama City Beach

$2,000

increased by5%

Last year

Parker

$1,600

decreased by15%

Last year

Pretty Bayou

$1,702

increased by28%

Last year

Springfield

$1,595

decreased by8%

Last year

Tyndall Afb

$1,450

N/A

Last year

Upper Grand Lagoon

$1,950

decreased by6%

Last year

Apartments for rent in Callaway

Discover rentals in Panama City, FL

2128 West 29th Court - Photo 1 of 1
Income restricted

5d+ ago

Apartment for rent in Panama City

LAND - Panama City, FL

2128 West 29th Court, Panama City, FL 32405

Studio

0 baths

$400

Apartment for rent

Reagan Road Townhomes - Photo 1 of 1

2d ago

8.8

Very good

Reagan Road Townhomes

155 155/179 Reagan Road, Panama City, FL 32404

2 beds

1 bath

$975

House for rent

179 Reagan Rd Apt C3 #C3 - Photo 1 of 1

5d+ ago

Townhouse for rent in Panama City

TOWNHOME - Panama City, FL

179 Reagan Rd Apt C3 #C3, Panama City, FL 32404

2 beds

1 bath

$975

House for rent

1514 Kraft Ave - Photo 1 of 1

1d ago

Apartment for rent in Panama City

2BR/1.5BA

1514 Kraft Ave, Panama City, FL 32405

2 beds

1 bath

$1,095

$995

Price drop

Apartment for rent

1513 Bob Loftin Rd - Photo 1 of 1

1d ago

Apartment for rent in Panama City

2BR/1.5BA

1513 Bob Loftin Rd, Panama City, FL 32405

2 beds

1 bath

$1,095

$995

Price drop

Apartment for rent

3519 East 1st Court - Photo 1 of 1

1d ago

8.8

Very good

3519 East 1st Court

3519 E 1st Ct, Panama City, FL 32401

2–4 beds

1 bath

$995–$1,195

Apartment for rent

4512 Carla Ln #4512N - Photo 1 of 1

5d+ ago

Apartment for rent in Panama City

2 BR, 2 BA in St. Andrews Bay

4512 Carla Ln #4512N, Panama City, FL 32405

2 beds

2 baths

$995

Apartment for rent

Available Jan 27

4512 Carla Ln Lot W - Photo 1 of 1

5d+ ago

House for rent in Panama City

House for rent