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Cheap Apartments for Rent in Panama City, FL

1,006 Rentals
.
  14. 2 BEDS, 2 BATHS
    $1,600

    2026 Baker Ct

    2026 Baker Ct, Panama City, FL 32401
  20. 2 BEDS, 2 BATHS
    $1,650

    504 E 4th St

    504 E 4th St, Panama City, FL 32401
  32. 3 BEDS, 2 BATHS
    $1,700

    --

    5205 E 9th St, Panama City, FL 32404
  35. Building Photo - 3916 Wand St
    2 BEDS, 1 BATH
    $1,750

    3916 Wand St

    3916 Wand St, Panama City Beach, FL 32408
Showing 42 of 397 results, Page 4 of 10

Panama City at a Glance

Average Rent

$1,257
(All bedrooms and property types)
Learn more about
Average Rent in Panama City
4

School Rating

out of 10 Rating
Learn more about
Schools in Panama City
12

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Panama City
46

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Panama City

Renting in Panama City

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Panama City

(For 1 bedroom apartments)
  • Neighborhoods Average Sq Ft Average Rent
  • Pretty Bayou 691 Sq Ft $1,522/mo
  • SweetBay 667 Sq Ft $1,530/mo

Getting Around Panama City

Transportation

40

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
46

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
12

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
Bay High School

Public High School

Public
Grades 9-12
1,255 Students
GreatSchools Rating
Merritt Brown Middle School

Public Middle School

Public
Grades 6-8
701 Students
GreatSchools Rating
Jinks Middle School

Public Middle School

Public
Grades 6-8
570 Students
GreatSchools Rating
Hutchison Beach Elementary School

Public Elementary School

Public
Grades K-5
621 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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