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Cheap Apartments for Rent in Panama City, FL

1,039 Rentals
  1. 3 BEDS, 2 BATHS
    $1,800

    303 S Gay Ave

    303 S Gay Ave, Panama City, FL 32404
  2. Building Photo - 308 S McArthur
    3 BEDS, 1.5 BATHS
    $1,895

    308 S McArthur

    308 S Macarthur Ave, Panama City, FL 32401
  3. Building Photo - 6453 Oakshore Dr
    Discounts
    3 BEDS, 2.5 BATHS
    $1,950

    6453 Oakshore Dr

    6453 Oakshore Dr, Panama City, FL 32404
  4. Building Photo - 6722 Thomas Dr
    2 BEDS, 2.5 BATHS
    $1,950

    6722 Thomas Dr

    6722 Thomas Dr, Panama City Beach, FL 32408
  5. 3 BEDS, 2.5 BATHS
    $1,950

    5837 Bay Pl

    5837 Bay Pl, Panama City, FL 32404
Showing 42 of 357 results, Page 5 of 9

Panama City at a Glance

Average Rent

$1,234
(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
  • SweetBay 668 Sq Ft $1,433/mo
  • Pretty Bayou 691 Sq Ft $1,436/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

Public High School

Public
Grades 9-12
1,255 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
701 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
570 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
621 Students

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

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