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  1. Aerial - Covey Homes Grand Lagoon
    2 Months Free
    2 Months Free
    2 BEDS
    $1,975+
    3 BEDS
    $2,124+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,775 - $2,149
    Required Monthly Fees$125
    Utilities & EssentialsVaries
    Total Monthly Price$1,975 - $2,274

    Covey Homes Grand Lagoon

    7110 London St, Panama City Beach, FL 32407
    (448) 233-2852
  2. Building Photo - 3938 Solano Rd
    3 BEDS, 2.5 BATHS
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800

    3938 Solano Rd

    3938 Solano Rd, Panama City, FL 32405
    (850) 818-8069
  6. Building Photo - 201 E 25th St
    2 BEDS, 1 BATH
    $950
    Total Monthly Price Total Monthly Price New
    Base Rent$950
    Required Monthly FeesNone
    Total Monthly Price$950

    201 E 25th St

    201 E 25th St, Lynn Haven, FL 32444
  9. Building Photo - 256 N Berthe Ave
    3 BEDS, 1.5 BATHS
    $1,375
    Total Monthly Price Total Monthly Price New
    Base Rent$1,375
    Required Monthly FeesNone
    Total Monthly Price$1,375

    256 N Berthe Ave Unit A

    256 N Berthe Ave, Panama City, FL 32404
    Apply
  10. Building Photo - 1014 Kurze Ave
    3 BEDS, 2 BATHS
    $1,550
    Total Monthly Price Total Monthly Price New
    Base Rent$1,550
    Required Monthly FeesNone
    Total Monthly Price$1,550

    1014 Kurze Ave

    1014 Kurze Ave, Panama City, FL 32401
    Apply
  11. 2 BEDS, 1.5 BATHS
    $1,225
    Total Monthly Price Total Monthly Price New
    Base Rent$1,225
    Required Monthly FeesNone
    Total Monthly Price$1,225

    6913 Cherry St Unit N

    6913 Cherry St, Panama City, FL 32404
    Apply
  12. 2 BEDS, 1 BATH
    $1,300
    Total Monthly Price Total Monthly Price New
    Base Rent$1,300
    Required Monthly FeesNone
    Total Monthly Price$1,300

    3906 E 11th St Unit #B

    3906 E 11th St, Panama City, FL 32404
    Apply
  13. 2 BEDS, 1.5 BATHS
    $1,595
    Total Monthly Price Total Monthly Price New
    Base Rent$1,595
    Required Monthly FeesNone
    Total Monthly Price$1,595

    2519 beech st

    2519 beech st, Panama City Beach, FL 32408
    Apply
  16. 3 BEDS, 2.5 BATHS
    $1,650

    403 Judy Pl

    403 Judy Pl, Panama City, FL 32404
  17. 3 BEDS, 2.5 BATHS
    $2,400

    1335 Capri Dr

    1335 Capri Dr, Panama City, FL 32405
  20. 2 BEDS, 2 BATHS
    $1,550

    816 E 25th St

    816 E 25th St, Panama City, FL 32405
  22. 2 BEDS, 1.5 BATHS
    $1,500

    4492 E Hwy 98

    4492 E Hwy 98, Panama City, FL 32404
  28. 3 BEDS, 3 BATHS
    $2,000

    9117 Laird St

    9117 Laird St, Panama City, FL 32408
  33. 3 BEDS, 1.5 BATHS
    $1,895

    409 N Gay Ave

    409 N Gay Ave, Panama City, FL 32404
  39. 3 BEDS, 2.5 BATHS
    $1,900

    6077 E Hwy 98

    6077 E Hwy 98, Panama City, FL 32404
  40. 3 BEDS, 2 BATHS
    $1,200

    707 N 9th St

    707 N 9th St, Panama City, FL 32404
Showing 42 of 73 results, Page 1 of 2

Panama City at a Glance

Average Rent

$1,196
(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 Townhouses 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 669 Sq Ft $1,435/mo
  • SweetBay 651 Sq Ft $1,459/mo

Education

GreatSchools Rating
The Collegiate School at FSU Panama City

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
North Bay Haven Career Academy

Public High School

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

Public Middle School

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

Public Middle School

Public
Grades 6-8
524 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
621 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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