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Four Bedroom Apartments for Rent in Panama City, FL

86 Rentals
.
  1. Building Photo - Sunset Village
    1 Month Free
    1 Month Free
    4 BEDS
    $2,306+
    5 BEDS
    $2,599+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200 - $2,823
    Required Monthly Fees$106
    Utilities & EssentialsVaries
    Total Monthly Price$2,306 - $2,929

    Sunset Village

    5284 Emma Grace Dr, Panama City, FL 32404
    (448) 228-4700
  7. Building Photo - 212 Allie Way
    4 BEDS, 2 BATHS
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200

    212 Allie Way

    212 Allie Way, Panama City, FL 32404
  9. Building Photo - 4953 Conner Ln
    4 BEDS, 2 BATHS
    $2,300
    Total Monthly Price Total Monthly Price New
    Base Rent$2,300
    Required Monthly FeesNone
    Total Monthly Price$2,300

    4953 Conner Ln

    4953 Conner Ln, Panama City, FL 32404
  11. Building Photo - 3541 Sanctuary Dr
    4 BEDS, 3 BATHS
    $3,250
    Total Monthly Price Total Monthly Price New
    Base Rent$3,250
    Required Monthly FeesNone
    Total Monthly Price$3,250

    3541 Sanctuary Dr

    3541 Sanctuary Dr, Panama City, FL 32408
  13. Building Photo - 463 Clareon Dr
    4 BEDS, 4 BATHS
    $10,483
    Total Monthly Price Total Monthly Price New
    Base Rent$10,483
    Required Monthly FeesNone
    Total Monthly Price$10,483

    463 Clareon Dr Unit SI ID1514899P

    463 Clareon Dr, Panama City, FL 32461
  24. 4 BEDS, 2 BATHS
    $2,195

    5584 Lexa Ln

    5584 Lexa Ln, Panama City, FL 32404
  25. 5 BEDS, 2.5 BATHS
    $2,250

    166 Byrd Dr

    166 Byrd Dr, Panama City, FL 32404
  31. 4 BEDS, 2.5 BATHS
    $2,300

    309 Raven Ln

    309 Raven Ln, Panama City, FL 32404
  33. 4 BEDS, 3 BATHS
    $2,350

    430 Raven Ln

    430 Raven Ln, Panama City, FL 32404
  41. 4 BEDS, 2 BATHS
    $2,150

    256 Ryder Ln

    256 Ryder Ln, Panama City, FL 32404
  42. 4 BEDS, 3 BATHS
    $2,800

    6593 Weems Wy

    6593 Weems Wy, Panama City, FL 32404
Showing 42 of 73 results, Page 1 of 2

Panama City at a Glance

Average Rent

$1,221
(All bedrooms and property types)
Learn more about
Average Rent in Panama City
8

School Rating

out of 10 Rating
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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)
  • Neighborhoods Average Sq Ft Average Rent
  • SweetBay 645 Sq Ft $1,493/mo
  • Pretty Bayou 663 Sq Ft $1,495/mo

Education

GreatSchools Rating
The Collegiate School at FSU Panama City

Public High School

Public
Grades 9-12
277 Students
GreatSchools Rating
North Bay Haven Career Academy

Public High School

Public
Grades 9-12
886 Students
GreatSchools Rating
Bay Haven Charter Middle School

Public Middle School

Public
Grades 6-8
436 Students
GreatSchools Rating
North Bay Haven Charter Academy Middle School

Public Middle School

Public
Grades 6-8
554 Students
GreatSchools Rating
North Bay Haven Charter Academy Elementary School

Public Elementary School

Public
Grades K-5
695 Students
GreatSchools Rating
Hutchison Beach Elementary School

Public Elementary School

Public
Grades K-5
549 Students

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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