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Apartments for Rent in Panama City Beach, FL under $1200

Apartments for Rent in Panama City Beach, FL under $1200. 3 Rentals Available
3 Rentals Available
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  • 1 bd $1,200
    Base rent
    Verified Listing

    5230 Beach Dr, Panama City Beach, FL 32408
    Pet friendly • Patio/Balcony • Washer/Dryer

  • More Rentals Near Panama City Beach, FL

  • Only 2 units left
    1 bd $973+
    Base rent Income restricted
    Verified Listing

    4.0 (15)
    901 West 19Th Street, Panama City, FL 32405
    Apply online • Pet friendly • Fitness center
1-1-city

Frequently asked questions

When were prices and availability in Panama City Beach, FL last updated?

Prices and availability in Panama City Beach, FL were last updated on 29 Jul 2026.

What are the best apartments in Panama City Beach, FL?
What type of rental buildings are in Panama City Beach, FL?

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.

Renting apartments in Panama City Beach, FL under $1,200

Searching for apartments for rent in Panama City Beach, FL under $1,200 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,200” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Panama City Beach, FL. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Panama City Beach, FL going for $973 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.