Bedroom count

Property type

Last updated on January 6, 2026

Average rent in
Panama City, FL

Last updated on January 6, 2026

Last updated on January 6, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Panama City, FL is $1,790. This is -6%, or $110, lower than the national average.

$1.68

average price per square foot

Median rent

$1,790

increased by2%
over the previous yearvs previous year

Total rentals

341

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Panama City, FL is $1,790. This is -6%, or $110, lower than the national average.

$1.68

average price per square foot

Rent ranges

1%
36%
43%
16%
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 remained the same in the last month and have increased by 2% 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 $1,295. A 1-bedroom apartment in Panama City, FL costs about $1,331 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

$1,315

5%

2%

2 bedroom

$1,297

No Change

4%

3 bedroom

$1,900

No Change

3%

4 bedroom

$2,400

1%

1%

Studio

$1,325

3%

25%

Studio

Average rent

$1,325

Last 30 days

3%

Last year

25%

1 bedroom

Average rent

$1,315

Last 30 days

5%

Last year

2%

2 bedroom

Average rent

$1,297

Last 30 days

No Change

Last year

4%

3 bedroom

Average rent

$1,900

Last 30 days

No Change

Last year

3%

4 bedroom

Average rent

$2,400

Last 30 days

1%

Last year

1%

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$1,790
decreased by6%

lower than the national median

Median rent price$2,350
increased by24%

higher than the national median

Takeaway

The median rent for all rentals in Panama City, FL is 24% 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

$2,350

increased by15%

Last year

Cedar Grove

$1,700

decreased by17%

Last year

Crestview

$1,850

increased by1%

Last year

Fort Walton Beach

$1,725

increased by10%

Last year

Lower Grand Lagoon

$1,650

increased by3%

Last year

Lynn Haven

$2,000

decreased by3%

Last year

Panama City Beach

$2,200

increased by10%

Last year

Parker

$1,500

decreased by2%

Last year

Pretty Bayou

$1,560

increased by32%

Last year

Springfield

$1,650

decreased by3%

Last year

Tyndall Afb

$1,350

N/A

Last year

Upper Grand Lagoon

$1,950

decreased by1%

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 30th St - Photo 1 of 1

5d+ ago

7.9

Very good

1403 - 1443 W 30th St

1443 30th Street, Panama City, FL 32405

2 beds

2 baths

$950

Apartment for rent

6413 Winona Street #G - Photo 1 of 1

5d+ 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

Reagan Road Townhomes - Photo 1 of 1

4d ago

8.8

Very good

Reagan Road Townhomes

155 Reagan Road, Panama City, FL 32404

2 beds

1 bath

$975

House for rent

179 Reagan Road #C3 - Photo 1 of 1

5d+ ago

Townhouse for rent in Panama City

TOWNHOME - Panama City, FL

179 Reagan Road #C3, Panama City, FL 32404

2 beds

1 bath

$975

House for rent

155 Reagan Road #D2 - Photo 1 of 1

5d+ 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

715 W 13th St #1 - Photo 1 of 1

32m ago

Apartment for rent in Panama City

2 beds

1 bath

$980

Apartment for rent

Available Jan 1