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  3. Rent Special
    Rent Special
    1 BED
    $1,359+
    2 BEDS
    $1,559+
    3 BEDS
    $1,759+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,359 - $1,779
    Required Monthly FeesNone
    Total Monthly Price$1,359 - $1,779

    Arbor Trace Apartment Homes

    3900 Arbor Trace Dr, Lynn Haven, FL 32444
    (850) 771-2623
  6. Rent Special
    Rent Special
    |
    1 BED
    $1,499+
    2 BEDS
    $1,795+
    3 BEDS
    $2,258+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,340 - $2,159
    Required Monthly Fees$159
    Utilities & EssentialsVaries
    Total Monthly Price$1,499 - $2,318

    The Kelly at 23rd Luxury Apartments

    2002 Wilson Ave, Panama City, FL 32405
    (865) 507-1381
  8. $175 Off
    Price Drop. $175 Off
    |
    1 BED
    $1,441+
    2 BEDS
    $1,781+
    3 BEDS
    $2,270+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,350 - $2,179
    Required Monthly Fees$91
    Utilities & EssentialsVaries
    Total Monthly Price$1,441 - $2,270

    Perla

    2195 Wilkinson St, Panama City Beach, FL 32408
    (850) 919-4477
  13. Rent Special
    Rent Special
    1 BED
    $1,329+
    2 BEDS
    $1,509+
    3 BEDS
    $1,750+

    The Enclave

    2950 Harrison Ave, Panama City, FL 32405
    (850) 919-2833
  15. Good Value
    1 BED
    $1,214+
    2 BEDS
    $1,564+
    3 BEDS
    $1,843+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,174 - $1,863
    Required Monthly Fees$40
    Total Monthly Price$1,214 - $1,903

    10X Panama City Beach

    7150 W Highway 98, Panama City Beach, FL 32407
    (850) 788-8871
  20. 1 Month Free
    1 Month Free
    3 BEDS
    $2,304+
    4 BEDS
    $2,306+
    5 BEDS
    $2,781+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,198 - $2,675
    Required Monthly Fees$106
    Utilities & EssentialsVaries
    Total Monthly Price$2,304 - $2,781

    Sunset Village

    5284 Emma Grace Dr, Panama City, FL 32404
    (448) 228-4700
  24. Rent Special
    Rent Special
    1 BED
    $1,401+
    2 BEDS
    $1,504+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,377 - $1,480
    Required Monthly Fees$24
    Total Monthly Price$1,401 - $1,504

    Westwood Village

    2203 Beck Ave, Panama City, FL 32405
    (850) 532-6265
  26. 2 Months Free
    2 Months Free
    2 BEDS
    $2,092+
    3 BEDS
    $2,132+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,967 - $2,107
    Required Monthly Fees$125
    Utilities & EssentialsVaries
    Total Monthly Price$2,092 - $2,232

    Covey Homes Grand Lagoon

    7110 London St, Panama City Beach, FL 32407
    (448) 233-2852
  27. Building Photo - Aztec Villa Apartments
    Good Value
    1 BED
    $1,220+
    2 BEDS
    $1,220+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,220 - $1,345
    Required Monthly FeesNone
    Total Monthly Price$1,220 - $1,345

    Aztec Villa Apartments

    3913 Pisa Dr, Panama City, FL 32405
    (850) 788-2982
  28. Interior Photo - Tyndall Pointe Townhomes
    Rent Special
    Rent Special
    1 BED
    $1,195+
    2 BEDS
    $1,330+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,195 - $1,330
    Required Monthly FeesNone
    Total Monthly Price$1,195 - $1,330

    Tyndall Pointe Townhomes

    160 N Fox Ave, Panama City, FL 32404
    (850) 250-4403
  36. 3 BEDS, 2 BATHS
    $1,900
    Total Monthly Price Total Monthly Price New
    Base Rent$1,900
    Required Monthly FeesNone
    Total Monthly Price$1,900

    406 Lacosta Ave

    406 Lacosta Ave, Panama City, FL 32404
    (208) 248-5751
  39. 4 BEDS, 2 BATHS
    $2,350
    Total Monthly Price Total Monthly Price New
    Base Rent$2,350
    Required Monthly FeesNone
    Total Monthly Price$2,350

    6714 Fox Lake Dr

    6714 Fox Lake Dr, Panama City, FL 32404
Showing 42 of 419 results, Page 1 of 10

Panama City at a Glance

Average Rent

$1,214
(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 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

Top Budget-Friendly Neighborhoods in Panama City

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

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
Bay Haven Charter Academy

Public Elementary School

Public
Grades K-5
767 Students

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

Frequently asked questions about renting in Panama City, FL

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

The average rent in Panama City, FL is $1,214.

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

The average rent for a studio apartment in Panama City, FL is $839.

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

The average rent for a 1 bedroom apartment in Panama City, FL is $1,214.

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

The average rent for a 2 bedroom apartment in Panama City, FL is $1,480.

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

The average rent for a 3 bedroom apartment in Panama City, FL is $1,755.

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

The average rent for a 4 bedroom apartment in Panama City, FL is $2,176.

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