Apartments for Rent in Panama City, FL
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|1 BED$1,495+2 BEDS$1,649+3 BEDS$1,889+
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2 Months Free|1 BED$1,409+2 BEDS$1,694+3 BEDS$1,998+
The Kelly at 23rd Luxury Apartments
2002 Wilson Ave, Panama City, FL 32405 -
Price Drop. $250 Off|
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1 BED$1,410+2 BEDS$1,575+3 BEDS$1,775+
Arbor Landing Mill Bayou
4201 SR 390, Panama City, FL 32404 -
Rent Special|1 BED$1,425+2 BEDS$1,625+3 BEDS$1,750+
Waterstone at Jenks
3502 N Jenks Ave, Panama City, FL 32405 -
Price Drop. $156 Off|1 BED$1,344+2 BEDS$1,255+3 BEDS$1,561+
The Place at Grand Lagoon
7120 Patronis Dr, Panama City Beach, FL 32408 -
1 BED$1,612+2 BEDS$1,691+3 BEDS$1,994+
North Bay Landings
4800 N Star Ave, Panama City, FL 32404 -
1 BED$1,453+2 BEDS$1,608+3 BEDS$1,753+
MAA Emerald Coast
98 Richard Jackson Blvd, Panama City, FL 32407 -
1 BED$1,272+2 BEDS$1,647+3 BEDS$2,100+
10X Panama City Beach
7150 W Highway 98, Panama City Beach, FL 32407 -
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1 BED, 1 BATH$1,900
4726 Bay Point Rd Unit # E245
4726 Bay Point Rd, Panama City Beach, FL 32408 -
2 BEDS, 2.5 BATHS$2,000
6523 Harbour Blvd
6523 Harbour Blvd, Panama City Beach, FL 32407 -
4 BEDS$1,980
Foxwood
1701 Hamilton Ave, Panama City, FL 32405
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Clear All FiltersPanama City at a Glance
Panama City, FL Apartments for Rent
Panama City offers coastal living and practical amenities along Florida's Emerald Coast. Located on St. Andrews Bay, this Bay County seat stands as the largest city between Tallahassee and Pensacola, providing residents with waterfront views and a mild subtropical climate. The cost of living falls below the state average, with one-bedroom apartments typically renting for around $1,215—compared to Florida's state average of $1,691.
The city encompasses several distinct areas, including Downtown Panama City, Historic St. Andrews, and Millville Historic District. Major employers in the area include Tyndall Air Force Base, which is undergoing a $5.3 billion reconstruction, and Eastern Shipbuilding Group. Educational institutions like Gulf Coast State College and Florida State University's Panama City Campus serve the local community. Residents can access beaches across the Hathaway Bridge, while downtown Panama City features local shops and restaurants.
Renting in Panama City
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 353 Sq Ft $845 / mo
- 1 Bedroom 723 Sq Ft $1,228 / mo
- 2 Bedrooms 1,028 Sq Ft $1,513 / mo
- 3 Bedrooms 1,246 Sq Ft $1,906 / mo
- 4 Bedrooms 1,880 Sq Ft $2,296 / mo
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Pretty Bayou 691 Sq Ft $1,477/mo
- SweetBay 666 Sq Ft $1,480/mo
Getting Around Panama City
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Apartments for Rent Near Panama City
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Price Drop
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Best Value
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Rent Specials
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Note: Based on community-supplied data and independent market research. Subject to change without notice.