Last updated on October 16, 2026

Average rent in
Cherokee Heights, Panama City, FL

Median rent

Median rent in Cherokee Heights

$2,050/mo

increased by8%

vs previous year

The average rent in Cherokee Heights is $2,050 per month as of October 2026. This is 8% above the national average rent, or $150 more per month.

$1.24

average price per square foot

Total rentals

Available rentals in Cherokee Heights

25

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Cherokee Heights rentals at each price point

65%49%33%16%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 increased by 9% over the last month and have increased by 8% 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 $1,212, whereas a house costs $2,100. 2-bedroom apartments in Cherokee Heights run $1,195 on average.

Listings

Studio

$1,500

-

-

1 bedroom

$725

-

-

2 bedroom

$1,212

-

6%

3 bedroom

$1,872

8%

-

4 bedroom

$2,300

2%

25%

Studio

Average rent

$1,500

1 bedroom

Average rent

$725

2 bedroom

Average rent

$1,212

Last year

6%

3 bedroom

Average rent

$1,872

Last 30 days

8%

4 bedroom

Average rent

$2,300

Last 30 days

2%

Last year

25%

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$2,050
increased by8%

higher than the national median

Median rent price$1,750
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in Cherokee Heights, Panama City, FL is 17% higher than the median rent in Lynn Haven, Lynn Haven, FL.

Discover rentals in Cherokee Heights, Panama City, FL

5419 Blue Dog Rd #1 - Photo 1 of 1

1d ago

Cherokee Heights house for rent in Panama City

5419 Blue Dog Road - 1

5419 Blue Dog Rd #1, Panama City, FL 32404

4 beds

2 baths

$2,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $2,050 per month as of October 10, 2026.

Is rent up or down in Cherokee Heights?

Average rent prices in Cherokee Heights have increased by 9% over the last month and have increased by 8% since last year.

How does Cherokee Heights rent compare to the national average?

Rent in Cherokee Heights is 8% above the national average, which means renters are paying approximately $150 more 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 $82,000/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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