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Luxury Apartments for Rent in Panama City, FL
31 Rentals
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2 BEDS, 2 BATHS$3,0828727 Thomas Dr Unit SI ID1354949P
8727 Thomas Dr, Panama City, FL 32408 -
3 BEDS, 3.5 BATHS$2,7002323 Discovery Loop
2323 Discovery Loop, Panama City, FL 32405 -
3 BEDS, 3.5 BATHS$2,7002319 Discovery Loop
2319 Discovery Loop, Panama City, FL 32405 -
2 BEDS, 1.5 BATHS$2,064
300 W 23rd Pl Unit SI ID1491599P
300 W 23rd Pl, Panama City, FL 32405 -
2 BEDS, 2 BATHS$4,341122 Georgetown Ave Unit SI ID1447164P
122 Georgetown Ave, Panama City, FL 32461 -
1 BED, 1 BATH$1,8988115 Thomas Dr Unit SI ID1354950P
8115 Thomas Dr, Panama City, FL 32408 -
2 BEDS, 2 BATHS$2,045
8115 Thomas Dr Unit SI FL2-ID1354913P
8115 Thomas Dr, Panama City, FL 32408 -
2 BEDS, 2 BATHS$2,045
8115 Thomas Dr Unit SI FL2-ID1354931P
8115 Thomas Dr, Panama City, FL 32408 -
3 BEDS, 2 BATHS$8,400
5402 Pinetree Ave Unit SI ID1447170P
5402 Pinetree Ave, Panama City, FL 32408 -
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3 BEDS, 2.5 BATHS$2,700161 Grand Lagoon Shores Dr
161 Grand Lagoon Shores Dr, Panama City, FL 32408 -
2 BEDS, 2 BATHS$2,100200 Argonaut St
200 Argonaut St, Panama City, FL 32413 -
3 BEDS, 2.5 BATHS$2,900
6320 Beach Dr
6320 Beach Dr, Panama City, FL 32408 -
3 BEDS, 2.5 BATHS$3,500
1437 Parkway Dr
1437 Parkway Dr, Panama City, FL 32404 -
3 BEDS, 2.5 BATHS$3,200
1043 Plantation Dr
1043 Plantation Dr, Panama City, FL 32404 -
3 BEDS, 3 BATHS$3,500
807 Buena Vista Blvd
807 Buena Vista Blvd, Panama City, FL 32401 -
2 BEDS, 3 BATHS$2,500
2400 Grandiflora Blvd Unit 606
2400 Grandiflora Blvd, Panama City, FL 32408 -
2 BEDS, 2 BATHS$3,500
4050 Marriott Dr Unit 3707
4050 Marriott Dr, Panama City, FL 32408 -
3 BEDS, 2 BATHS$2,700
707 Plantation Cir
707 Plantation Cir, Panama City, FL 32404 -
3 BEDS, 2 BATHS$2,900
1301 Savory Ct
1301 Savory Ct, Panama City, FL 32405 -
3 BEDS, 2 BATHS$2,800
1080 Blazing Star St
1080 Blazing Star St, Panama City, FL 32405 -
2 BEDS, 2 BATHS$2,300
4100 Marriott Dr Unit 210
4100 Marriott Dr, Panama City, FL 32408 -
3 BEDS, 2 BATHS$3,100
1663 Rushes Ave
1663 Rushes Ave, Panama City, FL 32405 -
2 BEDS, 2.5 BATHS$2,450
184 White Sandy Dr
184 White Sandy Dr, Panama City, FL 32407 -
2 BEDS, 1.5 BATHS$2,250
17620 Front Beach Rd Unit 2SC
17620 Front Beach Rd, Panama City, FL 32413 -
1 BED, 1 BATH$2,0002100 W Beach Dr Unit H-204
2100 W Beach Dr, Panama City, FL 32401 -
2 BEDS, 2 BATHS$2,500121 Sea Oats Dr
121 Sea Oats Dr, Panama City, FL 32413 -
3 BEDS, 2 BATHS$2,900
3126 Wood Valley Rd
3126 Wood Valley Rd, Panama City, FL 32405 -
3 BEDS, 2 BATHS$2,800
"Charming 3-Bedroom Home in Panama City – Spacious 1,549 Sq. Ft. with 2 Full Baths!"
1080 Blazing Star St, Panama City, FL 32405 -
1 BED, 3 BATHS$4,100
3120 County Rd 390
3120 County Rd 390, Panama City, FL 32405
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Clear All FiltersPanama 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 $832 / mo
- 1 Bedroom 760 Sq Ft $1,197 / mo
- 2 Bedrooms 1,065 Sq Ft $1,486 / mo
- 3 Bedrooms 1,372 Sq Ft $1,785 / mo
- 4 Bedrooms 1,806 Sq Ft $2,108 / mo
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- St Andrews 685 Sq Ft $1,108/mo
- Pretty Bayou 672 Sq Ft $1,452/mo
- SweetBay 664 Sq Ft $1,465/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Panama City
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Panama City Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Panama City, FL
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- Panama City Apartments Under $2,000
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Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.