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Apartments for Rent in Panama City Beach, FL

1,232 Rentals
.
  1. Building Photo - Perla
    Good Value
    |
    1 BED
    $1,415+
    2 BEDS
    $1,690+
    3 BEDS
    $2,144+

    Perla

    2195 Wilkinson St, Panama City Beach, FL 32408
    (850) 919-4477
  8. $310 Off
    Price Drop. $310 Off
    |
    1 BED
    $1,215+
    2 BEDS
    $1,370+
    3 BEDS
    $1,515+

    White Sands

    302 Cabana Blvd, Panama City Beach, FL 32407
    (850) 919-2639
  23. Building Photo - Cottages by the Bay
    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 410 results, Page 1 of 10

Panama City Beach at a Glance

Average Rent

$1,387
(All bedrooms and property types)
Learn more about
Average Rent in Panama City Beach
6

School Rating

out of 10 Rating
Learn more about
Schools in Panama City Beach
1

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Panama City Beach
50

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Panama City Beach

Panama City Beach, FL Apartments for Rent

Panama City Beach, situated along the Gulf of Mexico in the Florida Panhandle, features 9 miles of pristine shoreline with white sand beaches and emerald waters. This coastal community offers apartments for rent near outdoor attractions like St. Andrews State Park and Frank Brown Park, while Pier Park provides extensive shopping and dining options.

The rental market in Panama City Beach presents various apartment options, with one-bedroom units averaging $1,409 monthly, compared to Florida's state median of $1,691. The area's year-round climate supports an active lifestyle with opportunities for water sports, fishing, and golf. With over 18,000 residents and convenient access to Northwest Florida Beaches International Airport, Panama City Beach combines coastal living with everyday conveniences.

Renting in Panama City Beach

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Panama City Beach

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Panama City Beach

Transportation

36

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
50

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
1

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
J.R. Arnold High School

Public High School

Public
Grades 9-12
1,617 Students
GreatSchools Rating
Surfside Middle School

Public Middle School

Public
Grades 6-8
843 Students
GreatSchools Rating
Patronis Elementary School

Public Elementary School

Public
Grades K-5
648 Students
GreatSchools Rating
West Bay Elementary School

Public Elementary School

Public
Grades K-5
313 Students

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

Apartments for Rent Near Panama City Beach

Specialty Housing

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Panama City Beach Apartments for Rent in Your Budget

Frequently asked questions about renting in Panama City Beach, FL

What are the average rent costs in Panama City Beach, FL?

The average rent in Panama City Beach, FL is $1,387.

What are the average rent costs of a studio apartment in Panama City Beach, FL?

The average rent for a studio apartment in Panama City Beach, FL is $1,070.

What are the average rent costs of a one bedroom apartment in Panama City Beach, FL?

The average rent for a 1 bedroom apartment in Panama City Beach, FL is $1,387.

What are the average rent costs of a two bedroom apartment in Panama City Beach, FL?

The average rent for a 2 bedroom apartment in Panama City Beach, FL is $1,625.

What are the average rent costs of a three bedroom apartment in Panama City Beach, FL?

The average rent for a 3 bedroom apartment in Panama City Beach, FL is $1,950.

What are the average rent costs of a four bedroom apartment in Panama City Beach, FL?

The average rent for a 4 bedroom apartment in Panama City Beach, FL is $1,905.

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