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  1. Building Photo - Cedar Trace Apartments
    Exceptional Value
    1 BED
    $900+
    2 BEDS
    $975+
    3 BEDS
    $1,125+
    4 BEDS
    $1,295+

    Cedar Trace Apartments

    3719 E 8th Ct, Panama City, FL 32401
  2. Building Photo - 304 Palm Beach Dr
    4 BEDS, 4 BATHS
    $14,274
    Total Monthly Price Total Monthly Price New
    Base Rent$14,274
    Required Monthly FeesNone
    Total Monthly Price$14,274

    304 Palm Beach Dr Unit SI ID1511645P

    304 Palm Beach Dr, Panama City, FL 32413
  3. Building Photo - 110 E Blue Crab Loop
    5 BEDS, 3 BATHS
    $6,686
    Total Monthly Price Total Monthly Price New
    Base Rent$6,686
    Required Monthly FeesNone
    Total Monthly Price$6,686

    110 E Blue Crab Loop Unit SI ID1447130P

    110 E Blue Crab Loop, Panama City, FL 32461
  4. 2 BEDS, 2 BATHS
    $6,268
    Total Monthly Price Total Monthly Price New
    Base Rent$6,268
    Required Monthly FeesNone
    Total Monthly Price$6,268

    122 Georgetown Ave Unit SI ID1447164P

    122 Georgetown Ave, Panama City, FL 32461
  5. Building Photo - 337 Grande Pointe Cir
    5 BEDS, 5 BATHS
    $4,704
    Total Monthly Price Total Monthly Price New
    Base Rent$4,704
    Required Monthly FeesNone
    Total Monthly Price$4,704

    337 Grande Pointe Cir Unit SI ID1447123P

    337 Grande Pointe Cir, Panama City, FL 32461
  6. Building Photo - 5710 Sunset Ave
    2 BEDS, 2 BATHS
    $7,029
    Total Monthly Price Total Monthly Price New
    Base Rent$7,029
    Required Monthly FeesNone
    Total Monthly Price$7,029

    5710 Sunset Ave Unit SI ID1523314P

    5710 Sunset Ave, Panama City Beach, FL 32408
  7. Building Photo - 1106 Fairland Ave
    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

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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 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)
  • Neighborhoods Average Sq Ft Average Rent
  • Pretty Bayou 692 Sq Ft $1,428/mo
  • SweetBay 660 Sq Ft $1,440/mo

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
277 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
886 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
436 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
554 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
695 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
549 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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