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Apartments in Panama City

91 - 120 of 130 Results
1
$2,400
Serene 4Bed Home With Picturesque Water Views In Bayou George, Fl! *1/2 Off Security Deposit For Active-duty Military!!*
5910 Nordic Dr Panama City, FL
4 BR | Available Now
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1
$2,300
4047 Brighton Blvd
Panama City, FL
3 BR | Available Now
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0
$1,800
Newly Constructed - Single-family House For Rent
224 Everitt Ave Panama City, FL
3 BR | Available Now
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1
$850
3605 Lane Rd
Panama City, FL
2 BR | Available Now
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1
$1,400
Applications
Panama City, FL
3 BR | Available Now
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1
$2,300
5430 Olympia Dr
Panama City, FL
3 BR | Jul. 28, 2025
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0
$1,500
3530 Game Farm
Panama City, FL
3 BR | Available Now
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0
$1,500
3 Bedroom, 2 Bathroom, New Construction
3532 Game Farm Rd Panama City, FL
3 BR | Available Now
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0
$1,650
Charming 3Bed Duplex Unit Convenient To Dining, Shopping & Tyndall Afb! *$100 Off Rent For Active-duty Military!!*
5100 Hickory St Panama City, FL
3 BR | Jun. 30, 2025
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Balcony/Deck/Patio
Dishwasher
1
$1,795
249 Hannover
Panama City, FL
3 BR | Available Now
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House
1
$2,700
Inviting 4Bed Home In The Bridge Harbor Community! *1/2 Off Security Deposit For Active-duty Military!!*
313 AllieWay Panama City, FL
4 BR | Available Now
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1
$2,900
Beautiful Home In The Coveted & Amenity Rich "sweet Bay" Community! *1/2 Off Security Deposit For Active-duty Military!!*
2205 Penny Royal St Panama City, FL
3 BR | Available Now
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1
$1,600
928 Greentree Rd
Panama City, FL
3 BR | Aug. 29, 2025
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1
$2,300
Charming 3br/2ba Home At Cul-de-sac End
8201 James St Panama City, FL
3 BR | Jul. 1, 2025
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1
$2,200
Exquisite 4-bedroom, 2-bathroom Home In The Cove! *1/2 Off Security Deposit For Active-duty Military!!*
106 N Macarthur Ave Panama City, FL
4 BR | Available Now
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1
$1,750
Charming Brick Home On A Quiet Cul-de-sac! *1/2 Off Security Deposit For Active-duty Military!!*
3900 Becora Ct Panama City, FL
3 BR | Available Now
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1
$1,550
For Lease - 3 Br|2 Ba Near Tyndall Air Force Base!
127 Parker Village Cir Panama City, FL
3 BR | Available Now
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0
$1,650
Charming 3Bed Duplex Unit Convenient To Dining, Shopping & Tyndall Afb! *$100 Off Rent For Active-duty Military!!*
5102 Hickory St Panama City, FL
3 BR | Available Now
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$1,800
3 Bed 2 Bath Duplex
2728 Usery Rd Panama City, FL
3 BR | Available Now
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1
$2,300
Bylsma Manor Estates!
4503 Bylsma Cir Panama City, FL
3 BR | Available Now
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1
$1,800
Charming 3-bedroom, 2-bathroom Brick Home In Callaway, Fl! *1/2 Off Security Deposit For Active-duty Military!!*
303 S Gay Ave Panama City, FL
3 BR | Available Now
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0
$1,000
3205 E 2nd Ct
Panama City, FL
2 BR | Available Now
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1
$1,250 - 1,300
1510 Arthur Ave
Panama City, FL
2 BR | Available Now
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1
$2,900
Palmetto Trace
121 Biltmore Pl Panama City, FL
4 BR | Available Now
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13
$1,600
Ava Kay Townhomes
265-a Nelle St. Panama City, FL
3 BR | Available Now
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Townhome
Air Conditioning
Balcony/Deck/Patio
$1,500
Newly Constructed - Single-family House For Rent
2786 Largo Ave Unit B Panama City, FL
3 BR | Available Now
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$1,500
4904 W 19th Ct
Panama City, FL
2 BR | Available Now
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$1,300
3702 Orlando Rd
Panama City, FL
3 BR | Ask for Availability
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5
$816 - 982
Siena Gardens Apartments
901 West 19th Street Panama City, FL
1 - 2 BR | Available Now
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Senior Community
Income Restricted
Section 8
22
$1,183 - 1,868
Turtle Lake
4324 W. 20th Street Panama City, FL
1 - 3 BR | Available Now
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91 - 120 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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