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|3 BEDS$2,200
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
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Rent Special|Total Monthly Price Total Monthly Price New3 BEDS$2,255Base Rent$2,164 - $2,209Required Monthly Fees$91Utilities & EssentialsVariesTotal Monthly Price$2,255 - $2,300
Perla
2195 Wilkinson St, Panama City Beach, FL 32408 -
Rent Special
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Rent Special|
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Good Value
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Discounts|
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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 -
Price Drop. $401 Off
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Price Drop. $238 Off|3 BEDS$1,690
The Place at Grand Lagoon
7120 Patronis Dr, Panama City Beach, FL 32408 -
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 -
3 BEDS$1,299
Pinnacle at Hammock Square
2206 Hammock Square Dr, Lynn Haven, FL 32444 -
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1 Month FreeTotal Monthly Price Total Monthly Price New3 BEDS$2,081Base Rent$1,975 - $2,255Required Monthly Fees$106Utilities & EssentialsVariesTotal Monthly Price$2,081 - $2,361
Sunset Village
5284 Emma Grace Dr, Panama City, FL 32404 -
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1 Month Free
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Price Drop. $343 OffTotal Monthly Price Total Monthly Price New3 BEDS$2,132Base Rent$1,949 - $2,600Required Monthly Fees$125Utilities & EssentialsVariesTotal Monthly Price$2,132
Covey Homes Grand Lagoon
7110 London St, Panama City Beach, FL 32407 -
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Good Value -
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1 Month FreeTotal Monthly Price Total Monthly Price New3 BEDS$2,019Base Rent$2,019 - $2,079Required Monthly FeesNoneTotal Monthly Price$2,019 - $2,079
10X Panama City Beach
7150 W Highway 98, Panama City Beach, FL 32407 -
Rent Special
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3 BEDS$1,322Tranquility at Saint Andrews
1318 Saint Andrews Blvd, Panama City, FL 32405 -
Exceptional Value3 BEDS$1,125Cedar Trace Apartments
3719 E 8th Ct, Panama City, FL 32401 -
3 BEDS$1,505
The Reserve at Northshore
2101 W Highway 390, Lynn Haven, FL 32444 -
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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3 BEDS, 3.5 BATHS$2,7002323 Discovery Loop
2323 Discovery Loop, Panama City, FL 32405 -
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3 BEDS, 3.5 BATHS$2,6002319 Discovery Loop
2319 Discovery Loop, Panama City, FL 32405 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$10,405Base Rent$10,405Required Monthly FeesNoneTotal Monthly Price$10,40530 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 $1,218 / mo
- 2 Bedrooms 1,064 Sq Ft $1,496 / mo
- 3 Bedrooms 1,373 Sq Ft $1,817 / mo
- 4 Bedrooms 1,806 Sq Ft $2,179 / mo
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Pretty Bayou 696 Sq Ft $1,470/mo
- SweetBay 659 Sq Ft $1,498/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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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
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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
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Note: Based on community-supplied data and independent market research. Subject to change without notice.