Bedroom count

Property type

Last updated on October 7, 2025

Average rent in
Panama City, FL

Last updated on October 7, 2025

Last updated on October 7, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in Panama City, FL is $1,695. This is -13%, or $255, lower than the national average.

$1.35

average price per square foot

Median rent

$1,695

decreased by4%
over the previous yearvs previous year

Total rentals

187

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in Panama City, FL is $1,695. This is -13%, or $255, lower than the national average.

$1.35

average price per square foot

Rent ranges

1%
40%
42%
14%
4%
$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 4% 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 $1,331 on average, while a 2-bedroom apartment is $1,300. Houses for rent in Panama City, FL are more expensive, with an average monthly cost of $1,950.

Comparables

1 bedroom

$1,313

2%

14%

2 bedroom

$1,300

No Change

2%

3 bedroom

$1,948

4%

8%

4 bedroom

$2,400

4%

9%

Studio

$975

1%

52%

Studio

Average rent

$975

Last 30 days

1%

Last year

52%

1 bedroom

Average rent

$1,313

Last 30 days

2%

Last year

14%

2 bedroom

Average rent

$1,300

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$1,948

Last 30 days

4%

Last year

8%

4 bedroom

Average rent

$2,400

Last 30 days

4%

Last year

9%

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$1,695
decreased by13%

lower than the national median

Median rent price$1,450
decreased by26%

lower than the national median

Takeaway

The median rent for all rentals in Panama City, FL is 17% 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

$1,450

decreased by20%

Last year

Cedar Grove

$1,775

decreased by12%

Last year

Crestview

$1,850

Flat

Last year

Fort Walton Beach

$1,800

Flat

Last year

Lower Grand Lagoon

$1,695

increased by92%

Last year

Lynn Haven

$2,025

increased by4%

Last year

Panama City Beach

$1,900

increased by12%

Last year

Parker

$1,300

decreased by34%

Last year

Pretty Bayou

$2,000

increased by47%

Last year

Springfield

$1,800

increased by3%

Last year

Tyndall Afb

$1,250

N/A

Last year

Upper Grand Lagoon

$1,850

decreased by14%

Last year

Apartments for rent in Callaway

Discover rentals in Panama City, FL

2128 W 29th A/b Court - Photo 1 of 1
Income restricted

5d+ ago

Apartment for rent in Panama City

LAND - Panama City, FL

2128 W 29th A/b Court, Panama City, FL 32405

Studio

0 baths

$400

Apartment for rent

708 S Highway 22 A #B - Photo 1 of 1

5d+ ago

Apartment for rent in Panama City

708 S Highway 22 A #B, Panama City, FL 32404

2 beds

1 bath

$895

Apartment for rent

Harvey St Multi-Family - Photo 1 of 1

1d ago

8.6

Very good

Harvey St Multi-Family

6121 Harvey St, Panama City, FL 32404

2 beds

1 bath

$950–$1,200

Apartment for rent

Reagan Road Townhomes - Photo 1 of 1

4d 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

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

2 baths

$975

Apartment 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

516 Parker St #A - Photo 1 of 1

5d+ ago

Apartment for rent in Panama City

2BR/1.0BA

516 Parker St #A, Panama City, FL 32404

2 beds

1 bath

$995

Apartment for rent

6321 Lenawee St - Photo 1 of 1

5d+ ago

8.8

Very good

6321 Lenawee St

6321 Lenawee St, Panama City, FL 32404

2 beds

1 bath

$1,000

Apartment for rent