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Prices and availability in Panama City Beach, FL were last updated on 12 Nov 2026.
The best apartments in Panama City Beach, FL are: Watermark at Urban Blu, The Tyde Apartments, 10X Breakfast Point, 10X Retreat at PCB and Vintage Lake Powell Apartments.
The average rent in Panama City Beach, FL is $1,743.
The price range for a studio apartment in Panama City Beach, FL is between $1,229 and $2,843.
The price range for a 1-bedroom apartment in Panama City Beach, FL is between $1,118 and $3,537.
The price range for a 2-bedroom apartment in Panama City Beach, FL is between $1,118 and $4,103.
The price range for a 3-bedroom apartment in Panama City Beach, FL is between $1,118 and $5,235.
In Panama City Beach, 41% of the residents are renting compared to 59% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 22% of Panama City Beach's rentals, 64% are small-scale complexes with under 50 units, and 14% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Panama City Beach are about 11 years old, on average. Of these, 89% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 5% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Panama City Beach come in a range of sizes and floorplans. Studio apartments represent 0.4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 34% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Panama City Beach. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
RentCafe is your one-stop shop for finding a great new apartment in Panama City Beach, FL. Easily search through a wide selection of apartments for rent in Panama City Beach, FL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Browse Panama City Beach, FL apartments with rents starting from $1,118 and submit your rental application today!
