Panama City Beach, FL Rental Market Trends

What is the average rent in Panama City Beach?

The average rent for an apartment in Panama City Beach is $1,830. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Panama City Beach, FL

Last updated October 2022

Average Rent	Average Apartment Size
$1,830	1,008 sq. ft.

What is the average apartment size in Panama City Beach?

The average size for a Panama City Beach, FL apartment is 1,008 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Panama City Beach, FL apartment rent ranges

Panama City Beach, FL Occupied Housing Units

2,094 or 38% of the households in Panama City Beach, FL are renter-occupied while 3,444 or 62% are owner-occupied.

Panama City Beach, FL rent trends

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How Panama City Beach Compares to Other Cities

City	Average Rent
Jacksonville	$1,530
Tampa	$1,917
Kissimmee	$1,856
Cape Coral	$2,062
Miami	$2,356
Orlando	$1,929
Lakeland	$1,494
St. Petersburg	$1,969
Winter Haven	$1,355
Gainesville	$1,626
Tallahassee	$1,568
Fort Walton Beach	$1,543
Daphne	$1,357
Panama City Beach	$1,830
Foley	$1,310
Pensacola	$1,485
Panama City	$1,457
Gulf Shores	$1,382
Milton	$1,221
Destin	$2,337
Fairhope	$1,430