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Apartments under $1,900 for Rent in Panama City, FL

990 Rentals
.
  2. Building Photo - Perla
    $305 Off
    Price Drop. $305 Off
    |
    1 BED
    $1,295+
    2 BEDS
    $1,599+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,205 - $1,945
    Required Monthly Fees$90
    Utilities & EssentialsVaries
    Total Monthly Price$1,295 - $2,035

    Perla

    2195 Wilkinson St, Panama City Beach, FL 32408
    (850) 919-4477
  24. 2 BEDS
    $1,950+
    3 BEDS
    $2,025+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,825 - $2,149
    Required Monthly Fees$124
    Utilities & EssentialsVaries
    Total Monthly Price$1,949 - $2,273

    Covey Homes Grand Lagoon

    7110 London St, Panama City Beach, FL 32407
    (448) 233-2852
  37. 2 BEDS, 2 BATHS
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800

    6214 E Azalea Ave

    6214 E Azalea Ave, Panama City, FL 32408
    (850) 771-1371
  42. STUDIO
    $899+
    1 BED
    $1,039+
    2 BEDS
    $1,388+

    Cottages by the Bay

    6200 Cypress Point Dr, Panama City Beach, FL 32408
Showing 42 of 232 results, Page 1 of 6

Panama City at a Glance

Average Rent

$1,201
(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)

Education

GreatSchools Rating
North Bay Haven Career Academy

Public High School

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

Public Middle School

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

Public Middle School

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

Public Elementary School

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

Public Elementary School

Public
Grades K-5
Students

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

Apartments for Rent Near Panama City

Panama City Apartments for Rent in Your Budget

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