How many apartments are available in 32408 on Rentable.co?

Rentable.co has 33 apartments available for rent in 32408.

What is the average rent for an apartment in 32408?

The average rent for an apartment in 32408 is around $1,470 per month.

What is the average rent for a two-bedroom apartment in 32408?

The average rent for a two-bedroom apartment in 32408 is around $1,466 per month.

What is the average rent for a one-bedroom apartment in 32408?

The average rent for a one-bedroom apartment in 32408 is around $1,323 per month.

Apartments in 32408

Panama City Beach:
May Rent Report

Welcome to the May 2026 Panama City Beach Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Panama City Beach rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Panama City Beach and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Panama City Beach average rent prices in the chart below.

Monthly Rent Report

$1,800

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$900

$450

Jun. 2025

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May. 2026

1 BR 2 BR

Panama City Beach Rent Prices Decrease From April to May

Panama City Beach rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Panama City Beach one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, Panama City Beach experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Panama City Beach two-bedroom apartments currently stands at $.

May Prices: Panama City Beach vs. Surrounding Areas

Rent Prices in Panama City Beach and Surrounding Areas

Rent prices have decreased in Panama City Beach over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Panama City Beach suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Panama City Beach suburbs
Rents did not decrease in any of the Panama City Beach suburbs.

May 2026 Pricing Trends: Panama City Beach vs. National Comparisons

Panama City Beach Rent Prices More Affordable Than Major Cities

Rent growth in Panama City Beach over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Panama City Beach average rent prices appear to be relatively affordable for local residents.

The price for a Panama City Beach one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Panama City Beach and surrounding area rent prices, take a look at the complete data set below.

Data set for Panama City Beach and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.