Apartments under $1,400 for Rent in Panama City, FL
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Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$1,359Base Rent$1,359 - $1,379Required Monthly FeesNoneTotal Monthly Price$1,359 - $1,379
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1 Month Free|
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Rent Special|1 BED$1,309
Eagles Landing Luxury Apartment Homes
2870 Harrison Ave, Panama City, FL 32405 -
Price Drop. $180 Off|Total Monthly Price Total Monthly Price New1 BED$1,416Base Rent$1,325 - $1,645Required Monthly Fees$91Utilities & EssentialsVariesTotal Monthly Price$1,416 - $1,736
Perla
2195 Wilkinson St, Panama City Beach, FL 32408 -
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Rent Special|
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Good Value
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Discounts|
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Rent Special
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Good ValueTotal Monthly Price Total Monthly Price New1 BED$1,209Base Rent$1,169 - $1,423Required Monthly Fees$40Total Monthly Price$1,209 - $1,463
10X Panama City Beach
7150 W Highway 98, Panama City Beach, FL 32407 -
Good Value|
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1 Month Free1 BED$1,037+2 BEDS$1,248+
Andrews Place Apartments
1914 Frankford Ave, Panama City, FL 32405 -
Good Value1 BED$979+2 BEDS$1,125+3 BEDS$1,359+
Pinnacle at Hammock Square
2206 Hammock Square Dr, Lynn Haven, FL 32444 -
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Rent Special
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2 BEDS$1,151+3 BEDS$1,322+
Tranquility at Saint Andrews
1318 Saint Andrews Blvd, Panama City, FL 32405 -
Rent Special
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Total Monthly Price Total Monthly Price New1 BED$1,195+2 BEDS$1,330+Base Rent$1,195 - $1,330Required Monthly FeesNoneTotal Monthly Price$1,195 - $1,330Tyndall Pointe Townhomes
160 N Fox Ave, Panama City, FL 32404 -
Good ValueTotal Monthly Price Total Monthly Price New2 BEDS$1,240Base Rent$1,240 - $1,365Required Monthly FeesNoneTotal Monthly Price$1,240 - $1,365Aztec Villa Apartments
3913 Pisa Dr, Panama City, FL 32405 -
Rent Special
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2 BEDS$1,180+3 BEDS$1,364+
Pinnacle at Hammock Place
2909 Minnesota Ave, Panama City, FL 32405 -
Good Value
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Good ValueSTUDIO$935+1 BED$1,105+2 BEDS$1,285+
Northgate Terrace I
425 E 19th St, Panama City, FL 32405 -
Good ValueSTUDIO$895+1 BED$1,105+2 BEDS$1,340+
Lynn Haven Cove Apartments
905 W 26th St, Lynn Haven, FL 32444 -
Rent Special1 BED$1,300Bay Front Apartments
1699 S Gay Ave, Panama City, FL 32404 -
2 BEDS$995+3 BEDS$1,095+4 BEDS$1,395+Palm Court Apartments
3510 St John, Panama City, FL 32401 -
Exceptional Value1 BED$900+2 BEDS$1,000+3 BEDS$1,150+4 BEDS$1,295+
Cedar Trace Apartments
3719 E 8th Ct, Panama City, FL 32401 -
1 BED$1,400
Twin Oaks Apartments
6201 Cherry St, Panama City, FL 32404 -
1 BED$1,270+2 BEDS$1,385+
The Reserve at Northshore
2101 W Highway 390, Lynn Haven, FL 32444 -
STUDIO$899+1 BED$1,039+2 BEDS$1,388+
Cottages by the Bay
6200 Cypress Point Dr, Panama City Beach, FL 32408 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$1,261Base Rent$1,261Required Monthly FeesNoneTotal Monthly Price$1,2615218 Beach Dr Unit SI ID1354903P
5218 Beach Dr, Panama City, FL 32408 -
Total Monthly Price Total Monthly Price New1 BED, 2 BATHS$1,193Base Rent$1,193Required Monthly FeesNoneTotal Monthly Price$1,1935218 Beach Dr Unit SI ID1354910P
5218 Beach Dr, Panama City, FL 32408 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,255Base Rent$1,255Required Monthly FeesNoneTotal Monthly Price$1,2558115 Thomas Dr Unit SI ID1354934P
8115 Thomas Dr, Panama City, FL 32408 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,289Base Rent$1,289Required Monthly FeesNoneTotal Monthly Price$1,2898115 Thomas Dr Unit SI ID1355004P
8115 Thomas Dr, Panama City, FL 32408 -
Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$950Base Rent$950Required Monthly FeesNoneTotal Monthly Price$950
2175 Frankford Ave Unit C101
2175 Frankford Ave, Panama City, FL 32405 -
4 BEDS, 2 BATHS$1,395
3519 E 1st Ct Unit 3532 Saint John Street
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 $837 / mo
- 1 Bedroom 759 Sq Ft $1,221 / mo
- 2 Bedrooms 1,063 Sq Ft $1,478 / mo
- 3 Bedrooms 1,342 Sq Ft $1,805 / mo
- 4 Bedrooms 1,806 Sq Ft $2,172 / mo
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
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Panama City
Panama City Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Panama City, FL
- Panama City Apartments Under $600
- Panama City Apartments Under $700
- Panama City Apartments Under $800
- Panama City Apartments Under $900
- Panama City Apartments Under $1,000
- Panama City Apartments Under $1,100
- Panama City Apartments Under $1,200
- Panama City Apartments Under $1,300
- Panama City Apartments Under $1,400
- Panama City Apartments Under $1,500
- Panama City Apartments Under $1,600
- Panama City Apartments Under $1,700
- Panama City Apartments Under $1,800
- Panama City Apartments Under $1,900
- Panama City Apartments Under $2,000
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Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
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.