Bedroom count

Property type

Last updated on April 9, 2026

Average rent in
Panama City, FL

Last updated on April 9, 2026

Last updated on April 9, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Panama City, FL is $1,600. This is -16%, or $316, lower than the national average.

$1.22

average price per square foot

Median rent

$1,600

decreased by6%
over the previous yearvs previous year

Total rentals

190

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Panama City, FL is $1,600. This is -16%, or $316, lower than the national average.

$1.22

average price per square foot

Rent ranges

1%
45%
33%
15%
6%
$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 remained the same 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 $1,312. A 1-bedroom apartment in Panama City, FL costs about $1,216 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 $1,825.

Comparables

1 bedroom

$1,185

5%

No Change

2 bedroom

$1,275

No Change

16%

3 bedroom

$1,887

20%

83%

4 bedroom

$2,500

4%

32%

Studio

$1,325

8%

265%

Studio

Average rent

$1,325

Last 30 days

8%

Last year

265%

1 bedroom

Average rent

$1,185

Last 30 days

5%

Last year

No Change

2 bedroom

Average rent

$1,275

Last 30 days

No Change

Last year

16%

3 bedroom

Average rent

$1,887

Last 30 days

20%

Last year

83%

4 bedroom

Average rent

$2,500

Last 30 days

4%

Last year

32%

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$1,600
decreased by16%

lower than the national median

Median rent price$2,050
increased by7%

higher than the national median

Takeaway

The median rent for all rentals in Panama City, FL is 22% 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

$2,050

increased by13%

Last year

Cedar Grove

$1,875

N/A

Last year

Crestview

$1,850

Flat

Last year

Fort Walton Beach

$1,800

increased by20%

Last year

Lower Grand Lagoon

$1,980

increased by24%

Last year

Lynn Haven

$1,879

increased by4%

Last year

Panama City Beach

$2,179

increased by30%

Last year

Parker

$1,475

decreased by18%

Last year

Pretty Bayou

$1,815

increased by72%

Last year

Springfield

$1,375

decreased by4%

Last year

Tyndall Afb

$1,800

N/A

Last year

Upper Grand Lagoon

$2,200

increased by17%

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

1403 - 1443 W 29th Ct - Photo 1 of 1

5d+ ago

8.2

Very good

1403 - 1443 W 29th Ct

W 29th Ct, Panama City, FL 32405

2 beds

1 bath

$900

Apartment for rent

3008 Stanford Road - Photo 1 of 1

5d+ ago

8

Very good

3008 Stanford Road

3008 Stanford Rd, Panama City, FL 32405

2 beds

1 bath

$950

Price drop

Apartment for rent

2701 E 8th Ct - Photo 1 of 1

5d+ ago

8.5

Very good

2701 E 8th Ct

2701 E 8th Ct, Panama City, FL 32401

2 beds

1 bath

$975

Apartment for rent

3519 East 1st Court - Photo 1 of 1

5d+ ago

8.8

Very good

3519 East 1st Court

3519 E 1st Ct, Panama City, FL 32401

2 beds

1 bath

$995

Apartment for rent

4512 Carla Ln Lot W - Photo 1 of 1

5d+ ago

House for rent in Panama City

House for rent

3914 E 11th St - Photo 1 of 1

10h ago

8.5

Very good

3914 E 11th St

3914 E 11th St, Panama City, FL 32404

2 beds

2 baths

$1,000

Apartment for rent

1102 Frankford Ave - Photo 1 of 1

1d ago

8.4

Very good

1102 Frankford Ave

1102 Frankford Ave, Panama City, FL 32401

2 beds

1 bath

$1,025

Apartment for rent