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Apartments for Rent in Panama City, FL

Apartments for Rent in Panama City, FL. 122 Rentals Available
122 Rentals Available

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18-7-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 22 Jun 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 $1,968.

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 $3,225.

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 $1,225 and $4,438.

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.

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.