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 -
Rent Special|Total Monthly Price Total Monthly Price New3 BEDS$2,258Base Rent$2,099 - $2,169Required Monthly Fees$159Utilities & EssentialsVariesTotal Monthly Price$2,258 - $2,328
The Kelly at 23rd Luxury Apartments
2002 Wilson Ave, Panama City, FL 32405 -
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Rent Special|3 BEDS$1,770
Eagles Landing Luxury Apartment Homes
2870 Harrison Ave, Panama City, FL 32405 -
1 Month Free|Total Monthly Price Total Monthly Price New3 BEDS$2,535Base Rent$2,444Required Monthly Fees$91Utilities & EssentialsVariesTotal Monthly Price$2,535
Perla
2195 Wilkinson St, Panama City Beach, FL 32408 -
Rent Special|
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Good ValueTotal Monthly Price Total Monthly Price New3 BEDS$1,803Base Rent$1,763 - $1,823Required Monthly Fees$40Total Monthly Price$1,803 - $1,863
10X Panama City Beach
7150 W Highway 98, Panama City Beach, FL 32407 -
1 Month Free
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1 Month Free
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1 Month FreeTotal Monthly Price Total Monthly Price New3 BEDS$2,304Base Rent$2,198 - $2,255Required Monthly Fees$106Utilities & EssentialsVariesTotal Monthly Price$2,304 - $2,361
Sunset Village
5284 Emma Grace Dr, Panama City, FL 32404 -
Rent Special
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Good Value3 BEDS$1,322
Tranquility at Saint Andrews
1318 Saint Andrews Blvd, Panama City, FL 32405 -
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2 Months FreeTotal Monthly Price Total Monthly Price New3 BEDS$2,232Base Rent$2,107Required Monthly Fees$125Utilities & EssentialsVariesTotal Monthly Price$2,232
Covey Homes Grand Lagoon
7110 London St, Panama City Beach, FL 32407 -
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Good Value
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3 BEDS$1,095Palm Court Apartments
3510 St John, Panama City, FL 32401 -
Exceptional Value3 BEDS$1,150Cedar Trace Apartments
3719 E 8th Ct, Panama City, FL 32401 -
Rent Special3 BEDS$1,505
The Reserve at Northshore
2101 W Highway 390, Lynn Haven, FL 32444 -
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 -
Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$3,210Base Rent$3,210Required Monthly FeesNoneTotal Monthly Price$3,210300 Mercedes Ave Unit SI ID1523335P
300 Mercedes Ave, Panama City, FL 32401 -
Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$6,259Base Rent$6,259Required Monthly FeesNoneTotal Monthly Price$6,2599815 S Thomas Dr Unit SI ID1523339P
9815 S Thomas Dr, Panama City, FL 32408 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$2,800Base Rent$2,800Required Monthly FeesNoneTotal Monthly Price$2,8009348 Daydream Dr
9348 Daydream Dr, Panama City, FL 32413 -
Total Monthly Price Total Monthly Price New3 BEDS, 3 BATHS$3,200Base Rent$3,200Required Monthly FeesNoneTotal Monthly Price$3,2002402 Ashland Rd
2402 Ashland Rd, Panama City, FL 32405 -
Total Monthly Price Total Monthly Price New3 BEDS, 1 BATH$1,800Base Rent$1,800Required Monthly FeesNoneTotal Monthly Price$1,8002504 W 21st St
2504 W 21st St, Panama City, FL 32405 -
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3 BEDS, 1 BATH$1,0953519 E 1st Ct Unit 15-202
3519 E 1st Ct, Panama City, FL 32401 -
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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 $839 / mo
- 1 Bedroom 756 Sq Ft $1,214 / mo
- 2 Bedrooms 1,061 Sq Ft $1,480 / mo
- 3 Bedrooms 1,344 Sq Ft $1,755 / mo
- 4 Bedrooms 1,806 Sq Ft $2,176 / mo
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- St Andrews 758 Sq Ft $1,353/mo
- SweetBay 656 Sq Ft $1,475/mo
- Pretty Bayou 686 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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Note: Based on community-supplied data and independent market research. Subject to change without notice.