Apartments for Rent in Panama City Beach, FL

Prices and availability in Panama City Beach, FL were last updated on 23 Oct 2026.

The best apartments in Panama City Beach, FL are: Watermark at Urban Blu, The Tyde Apartments, 10X Breakfast Point, Vintage Lake Powell Apartments and 10X Retreat at PCB.

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 $1,000 and $2,670.

The price range for a 1-bedroom apartment in Panama City Beach, FL is between $923 and $3,656.

The price range for a 2-bedroom apartment in Panama City Beach, FL is between $1,118 and $4,188.

The price range for a 3-bedroom apartment in Panama City Beach, FL is between $1,283 and $5,349.

In Panama City Beach 41% of the housing is rented out compared to 59% of homes are owned, according to the most recent Census Bureau estimates. 22% of Panama City Beach's apartments are found in large buildings of 50 units or more, 64% are located in smaller apartment complexes with less than 50 units, and 14% are single-family rentals.

The average age of rental buildings in Panama City Beach is 11 years old, with 89% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 95% are garden-style apartment communities, 5% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Panama City Beach are around 0.4% of rentals, while 1-bedroom floor plans represent 34% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 50% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.