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Cheap Apartments for Rent in Panama City, FL - 10 Rentals available

Apartments Under $800

Apartments Under $1,000

  • 4324 West 20Th Street, Panama City, FL 32405
    $971 - $1,355
    • Studio-3 Beds
    • 2.5 Baths
    Haley Residential
    Available Today! Last updated 3 Mar 2021
    (844) 765-7797

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Panama City, FL?

The price range of a cheap apartment is between $971 and $1,355. Find cheap apartments in Panama City, FL.

How many cheap rentals are available in Panama City, FL on RENTCafé?

There are 9 cheap rentals available on RENTCafé. Prices and availability in Panama City, FL were last updated on 3 Mar 2021.

What is the average size of a cheap apartment in Panama City, FL?

The average Panama City, FL cheap apartment size is 737 sq. ft.

What are the advantages of renting a cheap apartment in Panama City, FL?

Cheap apartments in Panama City, FL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Panama City, FL?

A cheap apartment in Panama City, FL offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Panama City, FL.

Panama City, FL Demographics

  • Total Population36,640
  • Female 17,227
    Male 19,413
  • Median Age39

Average Rent in Panama City, FL

  • Panama City, FL Average Rental Price, February 2021 $1,110 /mo

Panama City, FL Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00038%
  • $1,001-$1,50057%
  • $1,501-$2,0005%

Panama City, FL Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
Panama City, FL $931 $931 $971 $1,026 $1,051 $1,089 $1,118 $1,105 $1,110
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Panama City, FL Households

  • Total Number of Households15,393
  • Family 8,393
    Non-family 7,000
  • Children 3,887
    No Children 11,506
  • Average People Per Household2.34
  • Median Household Income$43,953
  • Median Housing Costs Per Month$909

Panama City, FL Education Statistics

  • No High School3%
  • Some High School38%
  • Some College28%
  • Associate Degree9%
  • Bachelor Degree14%
  • Graduate Degree8%

Looking for a cheap apartment for rent in Panama City, FL? With RENTCafé, finding an affordable apartment in Panama City, FL has never been easier. We feature 10 low-priced rentals directly from property managers, with rents lower than the Panama City, FL average. What is a cheap rent in Panama City, FL? The average apartment rent in Panama City is $1,110 per month so any rental south of $888 would be considered cheap here. On RENTCafé, Panama City, FL rents go as low as $749/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!