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Panama City Apartments

Apartments for Rent in Panama City, FL

53 rentals available
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Panama City city guide
Everything you need to know
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Best market deals
These units are the best deal in town.
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Luxury apartments
Top units for an elevated lifestyle.
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Top neighborhoods in Panama City

Bunkers Cove
Bunkers Cove
What it’s like to live in Bunkers Cove
Waterfront living defines Bunkers Cove, where rental homes along St. Andrews Bay offer direct water access and spectacular sunset views. The neighborhood's lush vegetation creates natural beauty and privacy between properties developed when Panama City land values permitted more generous waterfront lot sizes. Most properties include docks or water frontage creating genuine Florida lifestyle beyond typical beach proximity. Though rental rates reflect the premium waterfront positioning, the combination of bay access and proximity to downtown Panama City creates value beyond basic housing considerations for those seeking maritime activities without tourist district congestion.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial

More Rental Options

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 53 available rental units listed on Apartment List in Panama City. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

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: April 2025

Welcome to the Apartment List April 2025 Rent Report for Panama City, FL. Currently, the overall median rent in the city stands at $1,267, roughly the same as last month. Prices are now down 2.2% 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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