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Luxury Apartments for Rent in Panama City Beach, FL

41 Rentals
.
  30. Building Photo - 121 Downing St
    3 BEDS, 2 BATHS
    $3,600

    121 Downing St

    121 Downing St, Panama City Beach, FL 32413
  31. 3 BEDS, 3 BATHS
    $3,900

    21821 Palm Ave

    21821 Palm Ave, Panama City Beach, FL 32413
  36. 3 BEDS, 2.5 BATHS
    $2,900

    6320 Beach Dr

    6320 Beach Dr, Panama City, FL 32408

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Panama City Beach at a Glance

Average Rent

$1,392
(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 stretches along Florida's Emerald Coast, where 9 miles of sugar-white sandy beaches meet the Gulf of Mexico's turquoise waters. Those searching for apartments for rent in Panama City Beach will find options ranging from beachfront communities to spots near shopping and entertainment districts, with one-bedroom units averaging around $1,391 and two-bedroom apartments typically renting for approximately $1,633.

Renting in Panama City Beach means easy access to coastal fun and everyday conveniences. The Pier Park district serves up shopping, dining, and entertainment all in one central spot, while St. Andrews State Park offers hiking trails, fishing spots, and wildlife viewing opportunities. Residents enjoy being close to Gulf Coast State College and Florida State University's Panama City campus. Major roadways including U.S. Highway 98 connect the beach community to neighboring Panama City and other destinations along the Panhandle. The area's tourism-driven economy creates plenty of jobs in hospitality, retail, and service industries, while the year-round coastal climate keeps outdoor activities accessible throughout every season.

Renting in Panama City Beach

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Panama City Beach

(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

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Panama City Beach Apartments for Rent in Your Budget

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