Panama City Apartments for Rent
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Popular Panama City Apartments

Turtle Lake
Panama City, Florida, 32405
1 Bedroom$557 - $569
2 Bedrooms$640 - $795
3 Bedrooms$814 - $884
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Panama City Apartments Info
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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!
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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
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Average Apartment Rent in Panama City, Florida
| # Bedrooms | Apr | Mar | Feb | 3 Month % change |
|---|---|---|---|---|
| Studio | N/A | N/A | N/A | 0% |
| 1 Bed | N/A | $714 | $725 | 0% |
| 2 Bed | N/A | $839 | $846 | 0% |
| 3 Bed | N/A | $992 | $978 | 0% |
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 February the average rent for a 1 Bedroom Panama City apartment cost $725. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Panama City apartment was $846 in February. The average apartment rent for a 3 bedroom apartment in February was $978. Start your apartment search by checking out some of the Panama City rentals listed below.Rent Apartments Near Panama City, Florida
Check out these great communities and cities near Panama City for apartments for rent:
- Defuniak Springs Apartments
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- Lynn Haven Apartments
- Niceville Apartments
- Panama City Beach Apartments
- Port Saint Joe Apartments
- Santa Rosa Beach Apartments
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Find Panama City, Florida Apartments by Zip Code
You can also search for apartments in Panama City for rent by zip code:
- 32402 Apartments
- 32405 Apartments
- 32411 Apartments
- 32401 Apartments
- 32406 Apartments
- 32412 Apartments
- 32408 Apartments
- 32444 Apartments
- 32407 Apartments
- 32417 Apartments
Other
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.
