One Bedroom Apartments for Rent in Panama City, FL
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Rent Special|1 BED$1,445
The Kelly at 23rd Luxury Apartments
2002 Wilson Ave, Panama City, FL 32405 -
Price Drop. $249 Off|
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1 Month Free|Total Monthly Price Total Monthly Price New1 BED$1,556Base Rent$1,465 - $1,590Required Monthly Fees$91Utilities & EssentialsVariesTotal Monthly Price$1,556 - $1,681
Perla
2195 Wilkinson St, Panama City Beach, FL 32408 -
Price Drop. $150 Off
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Rent Special|
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Rent Special
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Price Drop. $154 Off|
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Rent Special|1 BED$1,309
Eagles Landing Luxury Apartment Homes
2870 Harrison Ave, Panama City, FL 32405 -
2 Months Free
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Good Value|
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Rent Special
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Good Value
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Price Drop. $190 Off
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1 Month Free
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2 Months Free
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Good Value
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Good Value
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2 Months FreeTotal Monthly Price Total Monthly Price New1 BED$1,274Base Rent$1,207 - $2,601Required Monthly Fees$67Utilities & EssentialsVariesTotal Monthly Price$1,274 - $1,535
10X Panama City Beach
7150 W Highway 98, Panama City Beach, FL 32407 -
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Rent Special1 BED$1,275Bay Front Apartments
1699 S Gay Ave, Panama City, FL 32404 -
Rent Special1 BED$1,400Twin Oaks Apartments
6201 Cherry St, Panama City, FL 32404 -
Exceptional Value1 BED$900
Cedar Trace Apartments
3719 E 8th Ct, Panama City, FL 32401 -
1 BED$1,195
Spyglass Apartments
4938 Spy Glass Dr, Panama City, FL 32408 -
1 BED$1,260
The Reserve at Northshore
2101 W Highway 390, Lynn Haven, FL 32444 -
1 BED$1,039
Cottages by the Bay
6200 Cypress Point Dr, Panama City Beach, FL 32408 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,614Base Rent$2,614Required Monthly FeesNoneTotal Monthly Price$2,6145505 Sun Harbor Rd Unit SI ID1541779P
5505 Sun Harbor Rd, Panama City, FL 32401 -
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,722Base Rent$1,722Required Monthly FeesNoneTotal Monthly Price$1,722
8115 Thomas Dr Unit SI ID1355004P
8115 Thomas Dr, Panama City, FL 32408
Panama City at a Glance
Panama City, FL Apartments for Rent
Panama City is the county seat of Bay County and the largest city along Florida's Gulf Coast between Tallahassee and Pensacola, situated along U.S. Highway 98 and the shores of St. Andrews Bay. Those searching for apartments for rent in Panama City will discover diverse options in this coastal community, from studios averaging around $833 per month to spacious three-bedroom units at approximately $1,788. The city's historic roots trace back to the early 1900s, when several smaller settlements combined to form the port city recognized today for its maritime heritage and access to the Emerald Coast.
Renting in Panama City appeals to those seeking affordable coastal living with convenient access to employment, education, and recreation. The historic St. Andrews neighborhood features a waterfront district with local shops and a weekly farmers market, while the downtown area showcases an expanding arts scene and dining options specializing in fresh seafood. Florida State University Panama City and Gulf Coast State College provide educational opportunities, and Tyndall Air Force Base serves as a major employer in the region. Residents can easily reach Panama City Beach via U.S. Highway 98, and the city's location on St. Andrews Bay provides year-round access to boating, fishing, and outdoor activities at local parks and marinas.
Renting in Panama City
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 353 Sq Ft $834 / mo
- 1 Bedroom 759 Sq Ft $1,210 / mo
- 2 Bedrooms 1,064 Sq Ft $1,492 / mo
- 3 Bedrooms 1,373 Sq Ft $1,784 / mo
- 4 Bedrooms 1,806 Sq Ft $2,132 / mo
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Pretty Bayou 672 Sq Ft $1,439/mo
- SweetBay 655 Sq Ft $1,463/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Panama City
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Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.