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Apartments Under $1,200 in Panama City, FL

1 - 30 of 32 Results
24
$973 - 1,368
Siena Gardens Apartments
901 W 19Th St Panama City, FL
1 - 2 BR | Available Now
Contact
Senior Community
Income Restricted
Air Conditioning
Surface Parking
Balcony/Deck/Patio
5
$1,024
Palm Vista
322 S Burkett Dr Panama City, FL
1 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
1
$1,000
Pleasant Manor - 1930 W 24Th St
Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,095
5138 Lance St
Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Storage
11
$1,150
812 Maple Ave Unit Unit
Panama City, FL
1 BR | Available Now
Contact
Dishwasher
30
$1,200
5230 Beach Dr Unit D
Panama City, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
18
$895
1708 Louise Ave
Panama City, FL
2 BR | Ask for Availability
Contact
33
$895
834 West St
Panama City, FL
2 BR | Ask for Availability
Contact
8
$1,050
810 E 25th St
Panama City, FL
2 BR | Ask for Availability
Contact
1
$995
2814 Panama Ave. N #6
2814 Panama Ave #6 N Panama City, FL
2 BR | Available Now
Contact
Storage
1
$950
6707 E Hwy
Panama City, FL
2 BR | Available Now
Contact
Storage
Dishwasher
14
$1,200
705 Satsuma Ave
Panama City, FL
2 BR | Available Now
Contact
23
$975
307 Wilson Ave
Panama City, FL
1 BR | Ask for Availability
Contact
8
$1,050
810 E 25th St
Panama City, FL
2 BR | Ask for Availability
Contact
4
$625
1401 Transmitter Rd Unit 14-3
Panama City, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
12
$499 - 1,094
265 W 15th St
Panama City, FL
2 - 3 BR | Available Now
Contact
1
$1,100
351 College Ave Unit A
351 College Ave Panama City, FL
3 BR | Available Now
Contact
Disability Access
18
$895
1708 Louise Ave
Panama City, FL
2 BR | Ask for Availability
Contact
1
$1,200
Multi-family Property With 2 Units, (2 Bedroom/1 Bath)
3908 E 11th St Panama City, FL
2 BR | Available Now
Contact
1
$1,150
852 West St
Panama City, FL
2 BR | Available Now
Contact
House
1
$995
6321 Lenawee C3
6321 Lenawee St Apt C3 Panama City, FL
2 BR | Available Now
Contact
1
$995
6321 Lenawee St Apt D4
Panama City, FL
2 BR | Available Now
Contact
1
$995
1511 Molitor Ave #6
Panama City, FL
1 BR | Available Now
Contact
1
$950
143 Claire Ave N Unit 101
143 Claire Ave Unit 101 N Panama City, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,125
804 West St
Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,200
2 Bedroom, 1 Bath
5719 Cherry St Panama City, FL
2 BR | Available Now
Contact
House
1
$1,200
108 N Anita Dr
Panama City, FL
2 BR | Available Now
Contact
1
$995
6321 Lenawee St Apt D1
Panama City, FL
2 BR | Available Now
Contact
1
$1,095
Garden Manor Apts
149 N Hwy Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
1
$1,000 - 1,175
3914 E 11th St
Panama City, FL
2 BR | Available Now
Contact
1 - 30 of 32 Results
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  2. Panama City
  3. Apartments Under $1,200
Frequently Asked Questions

How many apartments under $1,200 are available in Panama City, FL on Rentable.co?

There are 32 apartments under $1,200 in Panama City currently available for rent on Rentable.co.

How many studio apartments under $1,200 are available in Panama City?

Rentable.co has 1 studio apartment under $1,200 available for rent in Panama City.

How many one-bedroom apartments under $1,200 are available in Panama City?

Rentable.co has 182 one-bedroom apartments under $1,200 available for rent in Panama City.

How many two-bedroom apartments under $1,200 are available in Panama City?

Rentable.co has 205 two-bedroom apartments under $1,200 available for rent in Panama City.

Can I afford a apartment under $1,200 in Panama City, FL?

To comfortably afford a apartment under $1,200 in Panama City based on average rent prices, a household would need an annual income of $40,000.

Apartments Under $1,200 in Panama City, FL: August Rental Information

Welcome to the Apartments Under $1,200 in Panama City, FL monthly rent report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 key findings and figures for affordable apartments in Panama City.
Our experts analyze the inventory trends for apartments under $1,200, including overall market rent-distribution, availability by bedroom count, and month-over-month comparisons, in Panama City and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,200 in Panama City. Whether you're searching for a cozy studio or a spacious two-bedroom, this monthly rent report will help you make an informed decision when it comes to finding an affordable rental in Panama City, FL.
0 2 5 7 10 <$1,000 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380 $1,420 $1,460 >$1,500
This month, the typical cost to rent a one-bedroom apartment in Panama City stands at $1,430, with the majority falling between $980 and $1,540. Out of the 427 one-bedroom apartments currently on the market in Panama City, 113 are priced below $1,200, accounting for 26% of the total available one-bedroom units in Panama City.

Available Apartments Under $1,200: Panama City vs. Surrounding Areas

Panama City, FL
Panama City Beach, FL
34
3
In August 2026, there are a number of apartments available for rent under $1,200 in Panama City, FL and the surrounding cities. The chart above provides a breakdown of the available inventory in each of these cities. Panama City, FL has the largest number of apartments under $1,200, with 38 units currently available. The surrounding cities, including Callaway, Panama City Beach, Springfield, Lynn Haven, and Mexico Beach, also offer a variety of options for renters in this price range. Whether you're seeking the vibrant city life or a quieter suburban community, there are plenty of affordable options to explore in the Panama City, FL metro area.

Apartments Under $1,200 Now vs. Last Month: Panama City and Surrounding Areas

City Apartments Under $1,200 in August M/M % Change
Panama City, FL 35 +1.05%
Panama City Beach, FL 4 +0.84%
Lynn Haven, FL 2 +1.09%

Looking for Apartments Under $1,200 in Panama City?

Available apartments under $1,200 418
Top amenities Dishwasher, On Site Laundry, Refrigerator, Range / Oven, Microwave
Deals 2
Pet friendly 15
1 Bedroom 11
2 Bedroom 23
3 Bedroom 3
Square footage 312 - 1,017
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