Last updated on June 23, 2026

Average rent in
Cherokee Heights, Panama City, FL

Median rent

Median rent in Cherokee Heights

$1,850/mo

decreased by3%

vs previous year

The average rent in Cherokee Heights is $1,850 per month as of June 2026. This is 5% below the national average rent, or $100 less per month.

$1.33

average price per square foot

Total rentals

Available rentals in Cherokee Heights

22

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Cherokee Heights rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Cherokee Heights, Panama City, FL

Average rent prices in Cherokee Heights have decreased by 9% over the last month and have decreased by 3% since last year.

Rent trends

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

Compare rent prices in Cherokee Heights, Panama City, FL

Rent prices in Cherokee Heights vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Cherokee Heights is $1,175, whereas a house costs $2,250. 1-bedroom apartments in Cherokee Heights run $850 on average, while 2-bedroom apartments are $1,000.

Listings

Studio

$1,500

-

-

1 bedroom

$850

-

-

2 bedroom

$1,200

-

-

3 bedroom

$1,850

4%

-

4 bedroom

$2,400

No Change

27%

Studio

Average rent

$1,500

1 bedroom

Average rent

$850

2 bedroom

Average rent

$1,200

3 bedroom

Average rent

$1,850

Last 30 days

4%

4 bedroom

Average rent

$2,400

Last year

27%

The table above reflects average rent prices in Cherokee Heights, 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.

How does rent in Cherokee Heights, Panama City, FL compare to other neighborhoods?

Compare median rent prices in Cherokee Heights and Lynn Haven by all bedroom counts and property types.

Cherokee Heights

Median rent price$1,850
decreased by5%

lower than the national median

Median rent price$1,800
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in Cherokee Heights, Panama City, FL is 3% higher than the median rent in Lynn Haven, Lynn Haven, FL.

Stay up to date with rental market insights

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

Frequently asked questions for Cherokee Heights, Panama City, FL

Quick answers to common questions about the Cherokee Heights rental market.

How much is rent in Cherokee Heights?

The average rent in Cherokee Heights is $1,850 per month as of June 20, 2026.

Is rent up or down in Cherokee Heights?

Average rent prices in Cherokee Heights have decreased by 9% over the last month and have decreased by 3% since last year.

How does Cherokee Heights rent compare to the national average?

Rent in Cherokee Heights is 5% below the national average, which means renters are paying approximately $100 less per month.

What salary do I need to afford rent in Cherokee Heights?

To comfortably afford rent in Cherokee Heights, you'd need to earn approximately $74,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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