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Apartments for Rent in Panama City, FL

72 Rentals Available
  • A grey couch with blue and white pillows in a living room.
    23
    Today

    4324 West 20Th Street, Panama City, FL 32405
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • A kitchen with a refrigerator, microwave, and dishwasher.
    60
    Today

    901 West 19Th Street, Panama City, FL 32405
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS $1,168
  • a living room with a couch and a table
    Today

    1009 Parkview Drive, Lynn Haven, FL 32444
    3 BEDS $1,900
  • a living room with a blue couch and a coffee table
    Today

    2002 Wilson Avenue, Panama City, FL 32405
    1 BED $1,414+
    2 BEDS $1,633+
    3 BEDS $1,897+
  • A building with the text "AZTEC VILLA carbon Residential" in front of it.
    Today

    3913 Pisa Drive, Panama City, FL 32405
    1 BED $1,135+
    2 BEDS $1,220+
    3 BEDS $1,505
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  • a view of the city skyline at night
    Today

    1315 W. 15Th St., Panama City, FL 32413
    STUDIO Ask for Pricing
  • graphics for dont and build a house logo
    Today

    607 E. 2Nd Place, Panama City, FL 32401
    3 BEDS $1,600
  • a house on a beach with a palm tree and a ladder
    Today

    2423 Minnesota Ave, Lynn Haven, FL 32444
    2 BEDS $1,850
  • the logo of condos real estate with the word condos under it
    Today

    600 16Th Street, Lynn Haven, FL 32444
    3 BEDS $2,300
  • a flower with the words southern bell property solutions
    Today

    Unit #109, Panama City, FL 32401
    2 BEDS $1,925
  • A kitchen with a dining table and chairs.
    1 day ago

    7165 Ellie B Dr, Panama City, FL 32404
    4 BEDS $2,300
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  • A kitchen with a sink and a chandelier.
    1 day ago

    3529 Mill Point Cove, Panama City, FL 32404
    3 BEDS $2,250
  • 2823 La Mesa Ave 4 Beds Apartment for Rent
    3 days ago

    2823 La Mesa Ave, Panama City, FL 32405
  • 505 East 24Th Street 3 Beds Apartment for Rent
    3 days ago

    505 East 24Th Street, Lynn Haven, FL 32444
  • 507 E 24Th St 3 Beds Apartment for Rent
    3 days ago

    507 E 24Th St, Lynn Haven, FL 32444
  • A white stove and refrigerator in a kitchen.
    1 day ago

    1201 East 2Nd Court, Panama City, FL 32401
    3 BEDS $1,500
  • A kitchen with wooden cabinets and black appliances.
    1 day ago

    4200 W 19Th St, Panama City, FL 32405
    1 BED $850
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  • A living room with a white couch and a coffee table.
    1 day ago

    6723 Atkins Road, Panama City, FL 32404
    3 BEDS $2,000
  • A kitchen with a table and a refrigerator.
    1 day ago

    1215 Dewitt St, Panama City, FL 32401
    3 BEDS $2,300
  • A kitchen with white cabinets and a black countertop.
    1 day ago

    343 N Bonita Ave, Panama City, FL 32401
    3 BEDS $2,100
  • A dining room with a wooden table and chairs.
    1 day ago

    3900 West 17Th Street, Panama City, FL 32401
    4 BEDS $2,800
  • A living room with a grey couch and a grey chair.
    1 day ago

    6469 Bellavia Lane, Panama City, FL 32404
    4 BEDS $2,200

  • More Rentals Near Panama City, FL

  • A kitchen with a bar area and a dining table with chairs.
    18
    Today

    263 Nelle St Apt. A, Panama City, FL 32404
    3 BEDS Ask for Pricing
  • a kitchen with an island and a stainless steel refrigerator
    Today

    147 Merrion Rd, Southport, FL 32409
    4 BEDS $2,650
  • A living room with a brown couch and a wooden coffee table.
    1 day ago

    617 North 9Th Plaza, Panama City, FL 32404
    3 BEDS $1,700
22-3-city
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Panama City, FL rent trends

Rental prices in Panama City, FL have decreased by 0.29% over the past year. The average rent moved from $1,570 to $1,565.

Check out the average rent prices in Panama City by neighborhood.

Compared to the national average rent of $1,750, the average rent in Panama City, FL is $1,565.

Average rent in Panama City, FL

$1,565/mo Panama City, FL average rental price, September 2025
Image Average Rent

The average monthly rent of apartments in Panama City, FL is $1,565.

    What's the typical rent budget in Panama City, FL?

    About 41% of apartment rents in Panama City, FL range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 10% of apartments. Around 46% of Panama City’s apartments are in the $1,001-$1,500 price range. 2% of apartments are priced ≤ $1000. A share of 2% of apartment rentals in Panama City are in the $2,501-$3,000 range.

    The largest share of rentals in Panama City, FL (46%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Panama City, FL

    5 /100
    Car-Dependent
    26 /100
    Somewhat Bikeable
    Walk Score®: 5, Bike Score®: 26

    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 18 Nov 2025.

    What are the best apartments in Panama City, FL?

    The best apartments in Panama City, FL are: Turtle Lake, Siena Gardens Apartments, Parkview at Lynn Haven, The Kelly at 23rd Luxury Apartments and Aztec Villa.

    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 $850 and $2,323.

    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 $2,416.

    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 $1,500 and $2,674.

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

    In Panama City, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Panama City’s rentals, 63% are small-scale complexes with under 50 units, and 30% 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?

    Studio apartments in Panama City are around 1% of rentals, while 1-bedroom floor plans represent 31% 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.

    Living in Panama City, FL

    Panama City is a vibrant coastal city in the panhandle of Florida, known for having some of the best beaches in the world. This small city is home to a diverse community, multiple universities and many attractions, making it one of the best places to rent in Florida. The climate in Panama City is subtropical, which means that it’s typically hot and humid. Average temperatures range from the high 60s in the winter to the mid-80s in the summer. There’s also a fair amount of rain, but because it’s located in what’s known as a “banana belt,” Panama City has milder weather than other parts of the state. Additionally, four marinas and miles of coastline make Panama City one of the prime destinations for fishing, boating and a variety of water sports.

    Renting in Panama City, FL

    The rental market in Panama City has a variety of apartments, condos and houses available for different profiles of renters. Casco Viejo, El Cangrejo and Obarrio are popular tourist neighborhoods, so there are many apartments for rent in these areas that are near amenities and transit options. Meanwhile, renters looking for quiet, family-friendly neighborhoods can explore the apartments and rentals in Costa Del Este and Clayton & Brisas del Golf. Alternatively, those who want to live in luxury high-rise rentals with stunning views of the Pacific Ocean have multiple options available in neighborhoods like Punta Pacifica and San Francisco. Notably, Florida has no rent control laws, so landlords can increase rent freely on a year-to-year basis with prior notice. Renters also have to provide the required security deposit (usually one month’s rent) as long as the landlord maintains a habitable rental unit. The responsibility for paying utilities is agreed upon by both parties.

    Things for renting

    Shopping in Panama City, FL

    Panama City offers a wide variety of stores and malls to explore. The most popular shopping district is located downtown, where you can find a mix of local shops and chain stores. In contrast, the boardwalk is where renters can buy souvenirs, beach items and sports products. The most popular mall is Panama City Mall, which is home to a selection of stores and restaurants. However, because the brand shopping options are limited here, renters can take a short drive to Pier Park — a major outdoor mall home to stores like The Buckle, Carter’s, Claire’s, JCPenney, Forever 21, Victoria’s Secret, Sephora and various restaurants. Target, Walmart, Sam’s Club, Kohl’s, Dillard’s, T.J. Maxx, and the local Winn-Dixie are grocery and home goods chains where renters shop daily.

    Transportation in Panama City, FL

    While several transportation methods are available, a car is the primary and fastest way of getting around in Panama City. Specifically, U.S. highways 98 and 231 and State Road 77 intersect in the city and give renters quick access in and out of the area. Otherwise, the bus system provided by The Bay Town Trolley is reliable and efficient, with several different routes to choose from. Renters in Panama City can also use the developed cycling and pedestrian infrastructure or opt for ridesharing services, like Uber and Lyft, to get around the city. Finally, the closest airport that provides flights to domestic and international destinations is Northwest Florida Beaches International Airport, which is 22 miles away.

    Look for apartments near me

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    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Panama City, FL. Easily search through a wide selection of apartments for rent in Panama City, 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, FL apartments with rents starting from $850 and submit your rental application today!

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