Bedroom count

Property type

Last updated on November 21, 2025

Average rent in
Panama City, FL

Last updated on November 21, 2025

Last updated on November 21, 2025

Bedroom count

Property type

As of November 2025, the median rent for all bedroom counts and property types in Panama City, FL is $1,650. This is -14%, or $270, lower than the national average.

$1.31

average price per square foot

Median rent

$1,650

decreased by6%
over the previous yearvs previous year

Total rentals

201

for rent on Zumper.com

As of November 2025, the median rent for all bedroom counts and property types in Panama City, FL is $1,650. This is -14%, or $270, lower than the national average.

$1.31

average price per square foot

Rent ranges

1%
41%
40%
16%
3%
$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 decreased by 6% 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 $1,294. A 1-bedroom apartment in Panama City, FL costs about $1,280 on average, while a 2-bedroom apartment is $1,200. Houses for rent in Panama City, FL are more expensive, with an average monthly cost of $1,900.

Comparables

1 bedroom

$1,147

9%

52%

2 bedroom

$1,287

1%

7%

3 bedroom

$1,850

No Change

6%

4 bedroom

$2,400

1%

10%

Studio

$975

6%

31%

Studio

Average rent

$975

Last 30 days

6%

Last year

31%

1 bedroom

Average rent

$1,147

Last 30 days

9%

Last year

52%

2 bedroom

Average rent

$1,287

Last 30 days

1%

Last year

7%

3 bedroom

Average rent

$1,850

Last 30 days

No Change

Last year

6%

4 bedroom

Average rent

$2,400

Last 30 days

1%

Last year

10%

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$1,650
decreased by14%

lower than the national median

Median rent price$1,550
decreased by19%

lower than the national median

Takeaway

The median rent for all rentals in Panama City, FL is 6% higher 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

$1,550

decreased by7%

Last year

Cedar Grove

$1,800

decreased by23%

Last year

Crestview

$1,800

decreased by3%

Last year

Fort Walton Beach

$1,762

Flat

Last year

Lower Grand Lagoon

$1,695

increased by74%

Last year

Lynn Haven

$2,112

increased by3%

Last year

Panama City Beach

$1,900

increased by19%

Last year

Parker

$1,700

decreased by30%

Last year

Pretty Bayou

$1,350

increased by1%

Last year

Springfield

$1,890

Flat

Last year

Tyndall Afb

$1,300

N/A

Last year

Upper Grand Lagoon

$1,800

decreased by24%

Last year

Apartments for rent in Cinco Bayou

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

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

1–4 beds

1 bath

$825–$1,195

Apartment for rent

6413 Winona Street #G - Photo 1 of 1

2d ago

Apartment for rent in Panama City

APARTMENT - Panama City, FL

6413 Winona Street #G, Panama City, FL 32404

2 beds

1 bath

$950

Apartment for rent

Harvey St Multi-Family - Photo 1 of 1

4d ago

8.6

Very good

Harvey St Multi-Family

6121 Harvey Street, Panama City, FL 32404

2 beds

1 bath

$950–$995

Apartment for rent

155 Reagan Road #D2 - Photo 1 of 1

2d ago

Townhouse for rent in Panama City

155 Reagan Road #D2, Panama City, FL 32404

2 beds

1 bath

$975

House for rent

179 Reagan Rd Apt C1 #C1 - Photo 1 of 1

5d+ ago

Townhouse for rent in Panama City

TOWNHOME - Panama City, FL

179 Reagan Rd Apt C1 #C1, Panama City, FL 32404

2 beds

1 bath

$975

House for rent

3704 E 11th St #C - Photo 1 of 1

5d+ ago

Apartment for rent in Panama City

2BR/1.0BA

3704 E 11th St #C, Panama City, FL 32401

2 beds

1 bath

$995

Apartment for rent

3702 E 11th St #A - Photo 1 of 1

5d+ ago

Apartment for rent in Panama City

2BR/1.0BA

3702 E 11th St #A, Panama City, FL 32401

2 beds

1 bath

$995

Apartment for rent