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Apartments for Rent in Panama City, FL

Apartments for Rent in Panama City, FL. 151 Rentals Available
151 Rentals Available

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16-9-city



Frequently asked questions

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

Prices and availability in Panama City, FL were last updated on 12 Jul 2026.

What are the best apartments in Panama City, FL?
What is the average rent in Panama City, FL?

The average rent in Panama City, FL is $1,472.

What is the price range for a 1-bedroom apartment in Panama City, FL?

The price range for a 1-bedroom apartment in Panama City, FL is between $973 and $2,539.

What is the price range for a 2-bedroom apartment in Panama City, FL?

The price range for a 2-bedroom apartment in Panama City, FL is between $1,168 and $2,615.

What is the price range for a 3-bedroom apartment in Panama City, FL?

The price range for a 3-bedroom apartment in Panama City, FL is between $1,395 and $4,416.

What type of rental buildings are in Panama City, FL?

In Panama City 44% of the housing is rented out compared to 56% of homes are owned, according to the most recent Census Bureau estimates. 7% of Panama City's apartments are found in large buildings of 50 units or more, 60% are located in smaller apartment complexes with less than 50 units, and 32% are single-family rentals.

What do typical apartment communities look like in Panama City, FL?

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 are about 17 years old, on average. Of these, 72% 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 97% of the rental communities here are low-rise, garden-style communities, none are mid-rises, and 3% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Panama City, FL?

Rental apartments in Panama City come in a range of sizes and floorplans. Studio apartments represent 1% 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 31% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Panama City. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.