Panama City Apartments for Rent
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Popular Panama City Apartments

Turtle Lake
Panama City, Florida, 32405
1 Bedroom$536 - $625
2 Bedrooms$680 - $821
3 Bedrooms$837 - $948

Waterstone at Springfield
Panama City, Florida, 32404
1 Bedroom$765 - $805
2 Bedrooms$925 - $995
3 Bedrooms$1,160

Waterstone at Jenks
Panama City, Florida, 32405
1 Bedroom$599 - $659
2 Bedrooms$879 - $950
3 Bedrooms$1,109 - $1,160
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Panama City Apartments Info
Find Apartments in Panama City, Florida
Finding a charming new apartment in Panama City is no sweat. It doesn't matter whether you prefer far flung suburbs or dense downtown areas, Panama City has dog friendly apartments available in every price range. Soon you will have no trouble at all getting around like a local in Panama City, your new city!
Want the inside scoop on Panama City? Check out our Panama City Local Talk for local tips and information about Panama City. You can also get answers to your Panama City questions from our local experts by using the "Ask a Question" feature.
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Panama City Apartment Rental Market
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Household Income
Household Income City State City Compared to State Less than $10,000 15.7% 9.6% +6.1% $10,000 to $14,999 8.2% 6.7% +1.5% $15,000 to $19,999 7.9% 7.0% +0.9% $20,000 to $24,999 8.0% 7.5% +0.5% $25,000 to $29,999 7.5% 7.3% +0.2% $30,000 to $34,999 7.0% 7.0% +0.0% $35,000 to $39,999 6.3% 6.3% +0.0% $40,000 to $44,999 6.0% 6.0% +0.0% $45,000 to $49,999 4.8% 5.1% -0.3% $50,000 to $59,999 7.9% 8.9% -1.0% $60,000 to $74,999 8.0% 9.6% -1.6% $75,000 to $99,999 6.9% 8.7% -1.8% $100,000 to $124,999 2.3% 4.3% -2.0% $125,000 to $149,999 1.2% 2.0% -0.8% $150,000 to $199,999 0.8% 1.8% -1.0% $200,000 or more 1.5% 2.3% -0.8% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 5.2% 4.9% +0.3% 10.0% to 14.9% 8.9% 9.7% -0.8% 15.0% to 19.9% 15.5% 13.4% +2.1% 20.0% to 24.9% 13.1% 12.9% +0.2% 25.0% to 29.9% 10.3% 10.7% -0.4% 30.0% to 34.9% 7.6% 7.9% -0.3% 35.0% to 39.9% 4.3% 5.8% -1.5% 40.0% to 49.9% 7.0% 7.6% -0.6% 50.0% or more 18.1% 19.6% -1.5% Not computed 10.1% 7.5% +2.6% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 15.4% 12.1% +3.3% 25 to 34 years 26.2% 26.6% -0.4% 35 to 44 years 22.2% 23.4% -1.2% 45 to 54 years 14.7% 15.3% -0.6% 55 to 64 years 8.2% 8.4% -0.2% 65 to 74 years 6.8% 6.3% +0.5% 75 to 84 years 4.7% 5.2% -0.5% 85 years and over 1.7% 2.6% -0.9% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 57.3% 34.3% +23.0% 30 to 44 minutes 17.1% 27.5% -10.4% 45 to 59 minutes 6.7% 14.0% -7.3% 60 or more minutes 18.8% 24.1% -5.3%
Source: 2000 Census
Panama City, Florida Apartments
Beautiful Panama City, Florida is a wonderful place to live with many enticing attractions. Panama City is a popular tourist destination so it is fully populated with various venues for an active nightlife and fun activities for everyone. The city is located just miles from the Gulf of Mexico and along US Route 98. Aside from the wonderful Florida weather associated with its vicinity to the Gulf of Mexico, Panama City also has many apartments for rent. If you need help searching for a new apartment in this great city check out our [AptGuideLink], or see the [LocalTalkLink] section for events happening in the area.
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Since Panama City is a popular tourist destination, it can be difficult to find permanent options without having to stumble through various hotels and resorts. Use our apartment guide and let us help you through the options. Our guide will simplify your search by allowing you to view several options in Panama City at once where you can contrast and compare the rent for specific units. For example, a three bedroom was on average ||3BRrentpull|| a month in ||monthpull||. If you are looking for something smaller, the average rent for a two bedroom was ||2BRrentpull|| in ||monthpull|| and ||1BRrentpull|| for a one bedroom apartment. No matter what you are looking for, MyNewPlace.com can help you find it.
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All About Panama City
Located just 12 miles east of Tyndall Air Force Base, Panama City is the largest city in Bay County with a permanent population of over 36,000. The city is close to the Northwest Florida Beaches International Airport, as well as State Route 98, enabling easy access to travel. Residents are able to send their children to the wonderful Bay District Schools. You can check out local news and stories by reading the Panama City News Herald. Between the excellent schools, easy commute, and all the things to do in the area, you’ve found a city that is a great place to call home.
Nightlife
Night owls can delight because this city is swarming with nightlife. Aside from numerous bars and clubs, Panama City hosts a considerable amount of live events that are sure to please anyone. Come visit Coyote Ugly and party until 4 am with the Coyotes. Or, take the short drive to Club LaVela where you can dance the night away on one of the nine dance floors. If you are looking for something a little more casual, then try the seafood restaurant Hammerhead Fred’s. At Hammerhead Fred’s you can enjoy fresh seafood caught in the Gulf of Mexico as well as local music and entertainment.
Things to Do
There are a number of things to do in Panama City aside from taking in the nightlife. If you need to unwind, come visit Yoga For You. If yoga is not for you, then head to St. Andrews State Park where you and the family can enjoy a multitude of outdoor activities such as fishing, scuba diving, hiking through nature trails, and camping. Or, if you have young children, you can take the kids to the Science & Discovery Center where they can visit the Junior Museum of Bay County, attend summer camps, or watch reptiles being fed. If you like to golf, spend the day at the Fox-Run Country Club course. There is something fun for everyone!
Average Apartment Rent in Panama City, Florida
| # Bedrooms | Jan | Dec | Nov | 3 Month % change |
|---|---|---|---|---|
| Studio | N/A | N/A | N/A | 0% |
| 1 Bed | $660 | $706 | $702 | -6% |
| 2 Bed | $843 | $853 | $846 | -0.4% |
| 3 Bed | $987 | $1,024 | $978 | 0.9% |
See how Home Rentals compare in Panama City
Panama City Apartment Rental Trends
Apartments in Panama City have competitive rents so be sure to use our apartment finder to get the best deal. In November the average rent for a 1 Bedroom Panama City apartment cost $702. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Panama City apartment was $846 in November. The average apartment rent for a 3 bedroom apartment in November was $978. Start your apartment search by checking out some of the Panama City rentals listed below.Popular Panama City Apartments Searches
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Rent Apartments Near Panama City, Florida
Check out these great communities and cities near Panama City for apartments for rent:
- Defuniak Springs Apartments
- Freeport Apartments
- Lynn Haven Apartments
- Niceville Apartments
- Panama City Beach Apartments
- Port Saint Joe Apartments
- Santa Rosa Beach Apartments
- Sneads Apartments
- Wewahitchka Apartments
- Youngstown Apartments
Find Panama City, Florida Apartments by Zip Code
You can also search for apartments in Panama City for rent by zip code:
- 32405 Apartments
- 32401 Apartments
- 32408 Apartments
- 32407 Apartments
- 32403 Apartments
- 32413 Apartments
- 32459 Apartments
- 32550 Apartments
- 32578 Apartments
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Map & Local Information
Local Talk
Get answers about Panama City from local experts or tell us what you love about it.
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is it expensive to live there?
The cost of living in Panama City outpaces the costs of the average American home. The increases in the cost of living have been the result of an influx of new residents. For the apartments in Panama City for which we display, the price range is from $560 to $1,160 per month, depending on the number of bedrooms and location.