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Apartments in Panama City

1 - 30 of 130 Results
29
$1,162 - 1,750
Turtle Lake
Deal
4.2
4324 W 20Th St Panama City, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
56
$1,520 - 2,361
The Residences At SweetBay
Deal
3100 Sweetbay Ave Panama City, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Fitness Center
6
3D Tour
$1,690
Ava Kay Townhomes
Deal
263 Nelle St Apt A Panama City, FL
3 BR | Jun. 25, 2025
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
16
$973 - 1,168
Siena Gardens Apartments
Deal
901 W 19Th St Panama City, FL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Air Conditioning
14
Call for Pricing
Westwood Village
2203 Beck Ave Panama City, FL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
17
Call for Pricing
Westshore Palms
4141 E 15th St Panama City, FL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Pool
14
3D Tour
Call for Pricing
Bayside Villas
1406 S Bertha Ave Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
29
$1,299 - 2,255
The Tyde
Deal
1105 Clara Avenue Panama City, FL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Surface Parking
1
$1,250
2bd 1.5ba Remodeled Townhouse W/ Water Views In Parker
1042 Brannon Pl Panama City, FL
2 BR | Available Now
Contact
House
Storage
Dishwasher
1
$1,400
Conveniently Located Efficiency Unit In Springfield! *1/2 Off Security Deposit For Active-duty Military!*
4002 E 11Th St Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
1
$1,550
5505 Sun Harbor Rd #107
Panama City, FL
2 BR | Available Now
Contact
House
Storage
1
$1,375
Very Cute 2 Bedroom 1 1/2 Bath Town-home Conveniently Located Off Of Hwy 390.
3912 Venetian Cir Panama City, FL
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
1
$1,300
Charming 3-story Townhome W/mutiple Balconies & Waterfront Views! *1/2 Off Security Deposit For Active-duty Military!!*
1038 Brannon Pl Panama City, FL
2 BR | Available Now
Contact
House
Dishwasher
1
$1,350
208 N Hwy
Panama City, FL
3 BR | Available Now
Contact
Disability Access
Dishwasher
5
$675
1401 Transmitter Rd Unit 14-1
Panama City, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
22
$900
6406 Chipewa St
Panama City, FL
3 BR | Ask for Availability
Contact
1
$1,450
Cute 2 Bedroom 1 1/2 Bath Townhome Conveniently Located Off Of Hwy 390
3922 Venetian Cir Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
1
$1,150
12 Alma Ave, #c
12 Alma Ave Panama City, FL
2 BR | Available Now
Contact
1
$1,300
807 E 10Th St
Panama City, FL
3 BR | Available Now
Contact
House
1
$2,400
For Lease! 3 Br|2 Ba Unfurnished Home In Cherokee Heights!
5711 Merritt Brown Rd Panama City, FL
3 BR | Aug. 8, 2025
Contact
Dog Friendly
Cat Friendly
House
Disability Access
Dishwasher
1
$2,500
--
831 Cason Cir Panama City, FL
3 BR | Jul. 10, 2025
Contact
Dog Friendly
Cat Friendly
House
1
$975
1500 1508 Lisenby Ct
Panama City, FL
3 BR | Available Now
Contact
Storage
Disability Access
1
$975
1605 Flower Ave
Panama City, FL
Studio | Available Now
Contact
House
Storage
1
$1,200 - 1,250
Harvey St Multi-family
6121 Harvey St Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
48
$1,495
6201 Ivy Rd
Panama City, FL
3 BR | Ask for Availability
Contact
5
$1,135
Large 2 Bedroom/1 Bath Apartment Available
3426 Douglas Rd Panama City, FL
2 BR | Available Now
Contact
1
$1,350
3020 Selma Ave
Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,350
Conveniently Located Townhome W/easy Access To Everything!
409 Venetian Way Panama City, FL
2 BR | Jul. 7, 2025
Contact
House
Storage
Dishwasher
1
$1,250
Completely Updated 2 Bedroom 1.5 Bath Townhome, Only 10 Miles To Tafb,
2918 Ormond Ave Panama City, FL
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Disability Access
28
$2,900
218 Bonita Circle
Panama City, FL
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Storage
Dishwasher
1 - 30 of 130 Results
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How much does it cost to rent an apartment in Panama City?

Panama City Apartments
Bed Type Average Rent Range
Studio $1,090 $680 - $1,300
1BR $1,470 $840 - $2,010
2BR $1,300 $860 - $2,180
3BR $1,700 $1,290 - $2,580
4+BR $2,290 $1,810 - $2,880
Frequently Asked Questions

How many apartments are available in Panama City, FL on Rentable.co?

Rentable.co has over 3,532 apartments available in Panama City.

What is the average rent for a studio apartment in Panama City, FL?

The average rent for a studio apartment in Panama City is around $1,090 per month.

What is the average rent for a one-bedroom apartment in Panama City, FL?

The average rent for a one-bedroom apartment in Panama City is around $1,470 per month.

What is the average rent for a two-bedroom apartment in Panama City, FL?

The average rent for a two-bedroom apartment in Panama City is around $1,300 per month.

How expensive is it to rent an apartment in Panama City, FL?

For a two-bedroom apartment in Panama City, the average rent price is $1,300 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Panama City, FL?

Based on average rent prices in Panama City, to afford a studio apartment you would need an annual household income of $44,000 to live comfortably.

Search Cities Near Panama City, FL

Callaway, FL
Lynn Haven, FL
Panama City Beach, FL

Panama City:
June Rent Report

Welcome to the June 2025 Panama City Apartment Report. In this assessment of the local rental market, data scientists and rental experts break down the June 2025 key findings and figures for the Panama City rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Panama City and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Panama City average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Panama City Rent Prices Increase From May to June

Panama City rent prices increased over the last month. From May to June, the city experienced a 0.81% increase for the price of a one-bedroom apartment. The rent price for a Panama City one-bedroom apartments currently stands at $1,250.0.

When we take a look at the two-bedroom comparison from May to June, Panama City experienced a 0.3% increase for the price of a two-bedroom apartment. The rent price for a Panama City two-bedroom apartments currently stands at $1,323.0.

June Prices: Panama City vs. Surrounding Areas

Panama City Beach, FL
Panama City, FL
Lynn Haven, FL
$1,375
$1,240
$975
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Panama City and Surrounding Areas

Rent prices have increased in Panama City over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Panama City suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Panama City Beach, FL .

  • Rent decreased in Lynn Haven, FL.

  • 1 suburb is currently priced higher than the city of Panama City.

  • 1 suburb is currently priced lower than the city of Panama City.

June 2025 Pricing Trends: Panama City vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
Panama City, FL
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$1,240
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Panama City Rent Prices More Affordable Than Major Cities

Rent growth in Panama City over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Panama City average rent prices appear to be relatively affordable for local residents.

The price for a Panama City one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Panama City and surrounding area rent prices, take a look at the complete data set below.

Data set for Panama City and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Panama City, FL $1,240.0 0.16% $1,319.0 -1.27%
Panama City Beach, FL $1,375.0 1.48% $1,671.0 1.15%
Lynn Haven, FL $975.0 0.00% $1,277.0 0.00%

Methodology

Each month, using over 1 million listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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