Three Bedroom Apartments for Rent in Panama City, FL
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Rent Special|3 BEDS$1,799
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1 Month Free|
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Rent Special|Call for Rent
The Kelly at 23rd Luxury Apartments
2002 Wilson Ave, Panama City, FL 32405 -
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Rent Special
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1 Month Free|Total Monthly Price Total Monthly Price New3 BEDS$1,995Base Rent$1,904 - $2,369Required Monthly Fees$91Utilities & EssentialsVariesTotal Monthly Price$1,995 - $2,460
Perla
2195 Wilkinson St, Panama City Beach, FL 32408 -
Rent Special
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Rent Special|
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Rent Special|
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Good Value
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Rent Special|3 BEDS$1,770
Eagles Landing Luxury Apartment Homes
2870 Harrison Ave, Panama City, FL 32405 -
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2 Months Free
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Exceptional Value|3 BEDS$1,646
The Place at Grand Lagoon
7120 Patronis Dr, Panama City Beach, FL 32408 -
Rent Special
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3 BEDS$1,299
Pinnacle at Hammock Square
2206 Hammock Square Dr, Lynn Haven, FL 32444 -
1 Month FreeTotal Monthly Price Total Monthly Price New3 BEDS$2,294Base Rent$2,189 - $2,248Required Monthly Fees$105Utilities & EssentialsVariesTotal Monthly Price$2,294 - $2,353
Sunset Village
5284 Emma Grace Dr, Panama City, FL 32404 -
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2 Months Free
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1 Month Free
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2 Months FreeTotal Monthly Price Total Monthly Price New3 BEDS$2,124Base Rent$1,900 - $2,149Required Monthly Fees$125Utilities & EssentialsVariesTotal Monthly Price$2,124 - $2,274
Covey Homes Grand Lagoon
7110 London St, Panama City Beach, FL 32407 -
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Good Value -
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2 Months FreeTotal Monthly Price Total Monthly Price New3 BEDS$1,788Base Rent$1,721 - $4,561Required Monthly Fees$67Utilities & EssentialsVariesTotal Monthly Price$1,788 - $1,894
10X Panama City Beach
7150 W Highway 98, Panama City Beach, FL 32407 -
Rent Special
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Total Monthly Price Total Monthly Price New3 BEDS, 2.5 BATHS$1,800Base Rent$1,800Required Monthly FeesNoneTotal Monthly Price$1,800
3938 Solano Rd
3938 Solano Rd, Panama City, FL 32405 -
Exceptional Value3 BEDS$1,150Cedar Trace Apartments
3719 E 8th Ct, Panama City, FL 32401 -
3 BEDS$1,505The Reserve at Northshore
2101 W Highway 390, Lynn Haven, FL 32444 -
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Total Monthly Price Total Monthly Price New3 BEDS, 3 BATHS$2,100Base Rent$2,100Required Monthly FeesNoneTotal Monthly Price$2,100326 Raven Ln
326 Raven Ln, Panama City, FL 32404 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$4,049Base Rent$4,049Required Monthly FeesNoneTotal Monthly Price$4,049
300 Mercedes Ave Unit SI ID1523335P
300 Mercedes Ave, Panama City, FL 32401 -
Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$4,101Base Rent$4,101Required Monthly FeesNoneTotal Monthly Price$4,1019815 S Thomas Dr Unit SI ID1523339P
9815 S Thomas Dr, Panama City, FL 32408 -
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1 Month Free -
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 $832 / mo
- 1 Bedroom 759 Sq Ft $1,203 / mo
- 2 Bedrooms 1,064 Sq Ft $1,482 / mo
- 3 Bedrooms 1,373 Sq Ft $1,794 / mo
- 4 Bedrooms 1,806 Sq Ft $2,228 / mo
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Pretty Bayou 677 Sq Ft $1,443/mo
- SweetBay 649 Sq Ft $1,474/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Panama City
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Note: Based on community-supplied data and independent market research. Subject to change without notice.