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Panama City Apartments

Apartments for Rent in Panama City, FL

58 rentals available
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Average rent in Panama City, Florida

City Guide
The average rent for a 1 bedroom apartment in Panama City is $1,356, while the average rent for a 2 bedroom apartment is $1,596. Rent rates updated 7 days ago
Studio
$1,375
1 Bed
$1,356
2 Beds
$1,596
3+ Beds
$1,956
* Averages are based on the rental prices of properties listed on Apartment List

Find an apartment for rent in Panama City, FL

Searching for an apartment for rent in Panama City, FL? Look no further! Apartment List will help you find a perfect apartment near you. There are 58 available rental units listed on Apartment List in Panama City. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The average rent in Panama City is $1,375 for a studio, $1,356 for a one-bedroom apartment, and $1,596 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Panama City apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust Apartment List to help you find your next Panama City, FL apartment rental! After all, everyone deserves a home they love.

Frequently Asked Questions

Panama City Rent Report: March 2025

Welcome to the Apartment List March 2025 Rent Report for Panama City, FL. Currently, the overall median rent in the city stands at $1,268, after falling 0.8% last month. Prices are now down 0.0% year-over-year. Read on to learn more about what’s been happening in the Panama City rental market and how it compares to trends throughout the nation as a whole.

Living in Panama City, FL

Situated on beautiful St. Andrews Bay along the Emerald Coast in the northwest Florida Panhandle, Panama City is not only a perpetually booming tourist town, but also a great place to call home. A popular living locale for singles, families, snowbirds, retirees, and military personnel alike, Panama City lays claim to a wide range of attractive, affordable apartments for rent. A quick look through this apartment guide and you’ll be just two shakes of an alligator’s tail from living the good life in the Sunshine State!

You might be pleasantly surprised to find out that inexpensive apartments in Panama City are a dime a dozen

View Panama City Guide
Sources:
  • School data: GreatSchools
  • Crime data: CrimeIndex (U.S.) provided by Precisely used data sourced from Precisely, the Federal Bureau of Investigation (FBI), and various law enforcement agencies. These organizations do not accept responsibility for the accuracy or completeness of the data used in this product.
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