Three Bedroom Apartments for Rent in Panama City, FL
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Rent Special|3 BEDS$1,799
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Rent Special
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Rent SpecialTotal Monthly Price Total Monthly Price New3 BEDS$1,759Base Rent$1,759 - $1,779Required Monthly FeesNoneTotal Monthly Price$1,759 - $1,779
Arbor Trace Apartment Homes
3900 Arbor Trace Dr, Lynn Haven, FL 32444 -
|Total Monthly Price Total Monthly Price New3 BEDS$2,347Base Rent$2,188Required Monthly Fees$159Total Monthly Price$2,347
The Kelly at 23rd Luxury Apartments
2002 Wilson Ave, Panama City, FL 32405 -
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1 Month Free|
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Rent Special|3 BEDS$1,770
Eagles Landing Luxury Apartment Homes
2870 Harrison Ave, Panama City, FL 32405 -
Price Drop. $320 Off|Total Monthly Price Total Monthly Price New3 BEDS$2,185Base Rent$2,094Required Monthly Fees$91Utilities & EssentialsVariesTotal Monthly Price$2,185
Perla
2195 Wilkinson St, Panama City Beach, FL 32408 -
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Good Value
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Discounts|
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Good Value|3 BEDS$1,699
The Place at Grand Lagoon
7120 Patronis Dr, Panama City Beach, FL 32408 -
Rent Special
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1 Month Free
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Rent Special
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Discounts3 BEDS$1,359
Pinnacle at Hammock Square
2206 Hammock Square Dr, Lynn Haven, FL 32444 -
Rent Special
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3 BEDS$1,322
Tranquility at Saint Andrews
1318 Saint Andrews Blvd, Panama City, FL 32405 -
Rent Special
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1 Month Free
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Price Drop. $253 OffTotal Monthly Price Total Monthly Price New3 BEDS$2,132Base Rent$2,007 - $2,082Required Monthly Fees$125Utilities & EssentialsVariesTotal Monthly Price$2,132 - $2,207
Covey Homes Grand Lagoon
7110 London St, Panama City Beach, FL 32407 -
Good ValueTotal Monthly Price Total Monthly Price New3 BEDS$1,505Base Rent$1,505 - $1,525Required Monthly FeesNoneTotal Monthly Price$1,505 - $1,525Aztec Villa Apartments
3913 Pisa Dr, Panama City, FL 32405 -
Discounts -
Good Value
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Price Drop. $357 OffTotal Monthly Price Total Monthly Price New3 BEDS$1,739Base Rent$1,699 - $1,767Required Monthly Fees$40Total Monthly Price$1,739 - $1,807
10X Panama City Beach
7150 W Highway 98, Panama City Beach, FL 32407 -
Exceptional Value3 BEDS$1,150Cedar Trace Apartments
3719 E 8th Ct, Panama City, FL 32401 -
3 BEDS$1,095Palm Court Apartments
3510 St John, Panama City, FL 32401 -
3 BEDS$1,515
The Reserve at Northshore
2101 W Highway 390, Lynn Haven, FL 32444 -
3 BEDS, 2 BATHS$2,2002115 Bent Oak Ct
2115 Bent Oak Ct, Panama City, FL 32408 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$8,400Base Rent$8,400Required Monthly FeesNoneTotal Monthly Price$8,4005402 Pinetree Ave Unit SI ID1447170P
5402 Pinetree Ave, Panama City, FL 32408 -
3 BEDS, 3.5 BATHS$2,700
2323 Discovery Loop
2323 Discovery Loop, Panama City, FL 32405 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$4,649Base Rent$4,649Required Monthly FeesNoneTotal Monthly Price$4,64930 Sandpine Loop Unit SI ID1564080P
30 Sandpine Loop, Panama City, FL 32461
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 $835 / mo
- 1 Bedroom 759 Sq Ft $1,209 / mo
- 2 Bedrooms 1,065 Sq Ft $1,477 / mo
- 3 Bedrooms 1,342 Sq Ft $1,803 / mo
- 4 Bedrooms 1,806 Sq Ft $2,188 / mo
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- SweetBay 648 Sq Ft $1,471/mo
- Pretty Bayou 665 Sq Ft $1,475/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Panama City
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Panama City Apartments for Rent in Your Budget
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Best Value
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Note: Based on community-supplied data and independent market research. Subject to change without notice.