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  1. Building Photo - Sunset Village
    $356 Off
    Price Drop. $356 Off
    3 BEDS
    $2,081+
    4 BEDS
    $2,356+
    5 BEDS
    $2,705+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,975 - $2,823
    Required Monthly Fees$106
    Utilities & EssentialsVaries
    Total Monthly Price$2,081 - $2,929

    Sunset Village

    5284 Emma Grace Dr, Panama City, FL 32404
    (448) 228-4700
  11. Building Photo - 326 Raven Ln
    3 BEDS, 3 BATHS
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    326 Raven Ln

    326 Raven Ln, Panama City, FL 32404
  12. 4 BEDS, 3 BATHS
    $3,495
    Total Monthly Price Total Monthly Price New
    Base Rent$3,495
    Required Monthly FeesNone
    Total Monthly Price$3,495

    3541 Sanctuary Dr

    3541 Sanctuary Dr, Panama City, FL 32408
  13. 3 BEDS, 2 BATHS
    $2,300
    Total Monthly Price Total Monthly Price New
    Base Rent$2,300
    Required Monthly FeesNone
    Total Monthly Price$2,300

    6755 Atkins Rd

    6755 Atkins Rd, Panama City, FL 32404
  14. 4 BEDS, 3 BATHS
    $3,000
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly FeesNone
    Total Monthly Price$3,000

    804 Buoy Ct

    804 Buoy Ct, Panama City, FL 32404
  17. Building Photo - 2601 Laurel Dr
    3 BEDS, 2.5 BATHS
    $1,875
    Total Monthly Price Total Monthly Price New
    Base Rent$1,875
    Required Monthly FeesNone
    Total Monthly Price$1,875

    2601 Laurel Dr

    2601 Laurel Dr, Panama City, FL 32404
    Apply
  18. Building Photo - 236 Springfield Ave
    3 BEDS, 2 BATHS
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    236 Springfield Ave

    236 Springfield Ave, Panama City, FL 32401
    Apply
  19. 2 BEDS, 2 BATHS
    $1,700
    Total Monthly Price Total Monthly Price New
    Base Rent$1,700
    Required Monthly FeesNone
    Total Monthly Price$1,700

    6214 E Azalea Ave

    6214 E Azalea Ave, Panama City, FL 32408
    Apply
  20. 3 BEDS, 2 BATHS
    $1,850
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850
    Required Monthly FeesNone
    Total Monthly Price$1,850

    234 Springfield Ave

    234 Springfield Ave, Panama City, FL 32401
    Apply
  21. 2 BEDS, 1 BATH
    $1,600
    Total Monthly Price Total Monthly Price New
    Base Rent$1,600
    Required Monthly FeesNone
    Total Monthly Price$1,600

    5931 Pinetree Ave

    5931 Pinetree Ave, Panama City, FL 32408
    Apply
  22. 3 BEDS, 2 BATHS
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200

    4936 S Lakewood Dr

    4936 S Lakewood Dr, Panama City, FL 32404
    Apply
  23. 3 BEDS, 1 BATH
    $2,400
    Total Monthly Price Total Monthly Price New
    Base Rent$2,400
    Required Monthly FeesNone
    Total Monthly Price$2,400

    1106 Fairland Ave

    1106 Fairland Ave, Panama City, FL 32401
  31. 3 BEDS, 2.5 BATHS
    $2,800

    6320 Beach Dr

    6320 Beach Dr, Panama City, FL 32408
Showing 42 of 172 results, Page 1 of 5

Panama City at a Glance

Average Rent

$1,218
(All bedrooms and property types)
Learn more about
Average Rent in Panama City
8

School Rating

out of 10 Rating
Learn more about
Schools in Panama City

Panama City, FL Houses 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
  • Pretty Bayou 696 Sq Ft $1,470/mo
  • SweetBay 659 Sq Ft $1,498/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 by Neighborhoods

Apartments for Rent Near Panama City

Panama City Apartments for Rent in Your Budget

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