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Apartments for Rent in Panama City, FL under $1500

Apartments for Rent in Panama City, FL under $1500. 8 Rentals Available
8 Rentals Available
Quick filters
  • 1 bd $973+
    2 bd $1,168+
    Base rent Income restricted
    Verified Listing

    4.0 (15)
    901 West 19Th Street, Panama City, FL 32405
    Pet friendly • Fitness center • Pool
  • 1 bd $1,205+
    Base rent
    Verified Listing

    4.5 (3)
    3625 Frankford Ave, Panama City, FL 32405
    Pet friendly
  • Rent specials
    2 bd $1,395
    Base rent
    Verified Listing

    3913 Pisa Drive, Panama City, FL 32405
    Pet friendly • Pool • In unit laundry

  • More Rentals Near Panama City, FL

  • 1 bd $1,345+
    Base rent
    Verified Listing

    4.0 (2)
    7150 US-98, Panama City Beach, FL 32407
    Pet friendly
  • 2 bd $1,300
    Base rent
    Verified Listing

    8605 Toqua Rd, G-8, Panama City Beach, FL 32408
    Pet friendly
  • Rent specials
    1 bd $1,438+
    Base rent
    Verified Listing

    4.5 (29)
    98 Paddock Club Drive, Panama City Beach, FL 32407
    Pet friendly • Fitness center • Pool
  • Rent specials
    Studio $1,451+
    Total monthly cost
    Verified Listing

    4.5 (52)
    800 Grand Panama Blvd, Panama City Beach, FL 32407
    Pet friendly • Extra Storage
  • 3 bd $1,375
    Base rent
    Verified Listing

    1401 Transmitter Rd #15, Panama City, FL 32401
    Pet friendly • Dishwasher • Washer/Dryer
3-5-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 14 Jul 2026.

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

In Panama City, 44% of the residents are renting compared to 56% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 7% of Panama City's rentals, 60% are small-scale complexes with under 50 units, and 32% are single-family rentals.

Renting apartments in Panama City, FL under $1,500

Searching for apartments for rent in Panama City, FL under $1,500 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. In Panama City, FL, where the average rent is $1,585 per month, there are 8 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

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 $1,500” 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, 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, 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.