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Apartments in Panama City Beach

61 - 61 of 61 Results
$1,750
7125 N Lagoon Dr Unit P
Panama City Beach, FL
2 BR | May. 21, 2024
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61 - 61 of 61 Results
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How much does it cost to rent an apartment in Panama City Beach?

Panama City Beach Apartments
Bed Type Average Rent Range
1BR $1,430 $1,200 - $1,600
2BR $1,690 $1,130 - $2,450
3BR $1,990 $1,300 - $3,800
4+BR $2,850 $1,900 - $3,600
Frequently Asked Questions

How many apartments are available in Panama City Beach, FL on Rentable.co?

Rentable.co has over 1,965 apartments available in Panama City Beach.

What is the average rent for a one-bedroom apartment in Panama City Beach, FL?

The average rent for a one-bedroom apartment in Panama City Beach is around $1,430 per month.

What is the average rent for a two-bedroom apartment in Panama City Beach, FL?

The average rent for a two-bedroom apartment in Panama City Beach is around $1,690 per month.

How expensive is it to rent an apartment in Panama City Beach, FL?

For a two-bedroom apartment in Panama City Beach, the average rent price is $1,690 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in Panama City Beach, FL?

Based on average rent prices in Panama City Beach, to afford a one-bedroom apartment you would need an annual household income of $57,000 to live comfortably.

Search Cities Near Panama City Beach, FL

Panama City, FL
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Panama City Beach:
April Rent Report

Welcome to the April 2024 Panama City Beach Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 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

$1,900
$1,430
$950
$480
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Panama City Beach Rent Prices Decrease From March to April

Panama City Beach rent prices decreased over the last month. From March to April, the city experienced a -0.34% decrease for the price of a one-bedroom apartment. The rent price for a Panama City Beach one-bedroom apartments currently stands at $1,455.0.

When we take a look at the two-bedroom comparison from March to April, Panama City Beach experienced a -0.92% decrease for the price of a two-bedroom apartment. The rent price for a Panama City Beach two-bedroom apartments currently stands at $1,832.0.

April 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.

April 2024 Pricing Trends: Panama City Beach vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

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 April 1 BR M/M % Change 2 BR April 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.

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