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Three Bedroom Apartments for Rent in Panama City, FL

319 Rentals
  1. Price Drop. $240 Off
    |
    3 BEDS
    $1,994
    Total Monthly Price Total Monthly Price New
    Base Rent$1,904 - $2,369
    Required Monthly Fees$90
    Utilities & EssentialsVaries
    Total Monthly Price$1,994 - $2,459

    Perla

    2195 Wilkinson St, Panama City Beach, FL 32408
    (850) 919-4477
  2. 3 BEDS
    $2,360
    Total Monthly Price Total Monthly Price New
    Base Rent$2,255 - $2,305
    Required Monthly Fees$104
    Utilities & EssentialsVaries
    Total Monthly Price$2,359 - $2,409

    Sunset Village

    5284 Emma Grace Dr, Panama City, FL 32404
    (448) 228-4700
  3. 3 BEDS
    $2,025
    Total Monthly Price Total Monthly Price New
    Base Rent$1,900 - $2,149
    Required Monthly Fees$124
    Utilities & EssentialsVaries
    Total Monthly Price$2,024 - $2,273

    Covey Homes Grand Lagoon

    7110 London St, Panama City Beach, FL 32407
    (448) 233-2852
  4. 3 BEDS, 2.5 BATHS
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000

    7479 Shadow Lake Dr

    7479 Shadow Lake Dr, Panama City Beach, FL 32407
    (850) 818-3253
  5. 3 BEDS, 2 BATHS
    $2,300
    Total Monthly Price Total Monthly Price New
    Base Rent$2,300
    Required Monthly FeesNone
    Total Monthly Price$2,300

    316 Brady Way

    316 Brady Way, Panama City, FL 32408
    (850) 771-7953
  6. Building Photo - 326 Raven Ln
    3 BEDS, 3 BATHS
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    326 Raven Ln

    326 Raven Ln, Panama City, FL 32404
  7. Building Photo - 1014 Kurze Ave
    3 BEDS, 2 BATHS
    $1,650
    Total Monthly Price Total Monthly Price New
    Base Rent$1,650
    Required Monthly FeesNone
    Total Monthly Price$1,650

    1014 Kurze Ave

    1014 Kurze Ave, Panama City, FL 32401
Showing 42 of 170 results, Page 1 of 5

Panama City at a Glance

Average Rent

$1,201
(All bedrooms and property types)
Learn more about
Average Rent in Panama City
8

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Schools in Panama City

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

Top Budget-Friendly Neighborhoods in Panama City

(For 1 bedroom apartments)

Education

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Grades 9-12
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Grades 6-8
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Grades 6-8
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Grades K-5
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Public Elementary School

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Grades K-5
Students

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

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