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Apartments Under $1,200 in Panama City, FL

1 - 30 of 38 Results
21
$1,135 - 1,160
Turtle Lake
Deal
4.2
4324 W 20th St Panama City, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
24
$1,168
Siena Gardens Apartments
901 W 19Th St Panama City, FL
2 BR | Mar. 17, 2026
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Air Conditioning
5
$999 - 1,170
Palm Vista
Deal
322 S Burkett Dr Panama City, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
20
$1,150
4828 Grimes St #2
4828 Grimes St Panama City, FL
2 BR | Available Now
Contact
Disability Access
Dishwasher
1
$1,050
Efficient Townhome W/spacious Floorplan & Convenient To Tyndall Afb! *special: 1/2 Off 1st Month's Rent!* + *military Incentive!*
6401 Lenawee St Panama City, FL
2 BR | Mar. 13, 2026
Contact
House
Dishwasher
1
$995
4512 Carla Ln
Panama City, FL
2 BR | Available Now
Contact
House
Disability Access
1
$850
619/621 E 13th St
619 621 St Panama City, FL
2 BR | Mar. 24, 2026
Contact
Storage
Disability Access
0
$1,200
119 College Ave
Panama City, FL
3 BR | Available Now
Contact
Air Conditioning
Storage
1
$1,050
3008 Stanford Rd
Panama City, FL
2 BR | Available Now
Contact
Air Conditioning
Storage
Dishwasher
1
$995
3704 E 11Th St #c
Panama City, FL
2 BR | Available Now
Contact
Storage
Dishwasher
1
$1,075
6707 E Hwy
Panama City, FL
2 BR | Available Now
Contact
Storage
Dishwasher
1
$1,200
Great Efficiency Unit, Close To Tyndall Afb!
407 Viola Ave Panama City, FL
2 BR | Mar. 13, 2026
Contact
House
Balcony/Deck/Patio
Storage
Dishwasher
1
$950
6413 6415 Winona St
Panama City, FL
2 BR | Mar. 17, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,200
Efficient Townhome W/easy Access To Lynn Haven, Historic St. Andrew's & Pcb!
3907 Venetian Circle Panama City, FL
2 BR | Mar. 18, 2026
Contact
House
Storage
Disability Access
Dishwasher
1
$1,000
1500 1508 Lisenby Ct
Panama City, FL
3 BR | Available Now
Contact
Storage
Disability Access
30
$1,200
5230 Beach Dr Unit D
Panama City, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
1
$995
3702 E 11th St, #a
3702 E 11Th St Panama City, FL
2 BR | Available Now
Contact
Cat Friendly
Disability Access
4
$650
1401 Transmitter Rd Unit 20
Panama City, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
House
5
$650
1401 Transmitter Rd Unit 14-1
Panama City, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,050
1102 Frankford Ave
Panama City, FL
2 BR | Available Now
Contact
Disability Access
15
$1,200
Undisclosed Address
Panama City, FL
1 BR | Available Now
Contact
5
$1,150
Large 2 Bedroom/2 Bath Apartment Available In July
3426 Douglas Rd Panama City, FL
2 BR | Available Now
Contact
1
$900
2719 E 8th St
Panama City, FL
1 BR | Available Now
Contact
Storage
Disability Access
11
$1,094
265 W 15th St
Panama City, FL
2 BR | Available Now
Contact
1
$1,025
830 West St
Panama City, FL
2 BR | Available Now
Contact
Storage
11
$1,079
6950 Highway 98
Panama City, FL
2 BR | Available Now
Contact
1
$1,195
Garden Manor Apts
149 N Hwy Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
1
$1,150
1812 Arthur Ave
Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$925
600 Bob Little Rd Unit 15
Panama City, FL
1 BR | Available Now
Contact
1
$1,000
3914 E 11th St
Panama City, FL
2 BR | Available Now
Contact
Dishwasher
1 - 30 of 38 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 38 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 2 studio apartments 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 171 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 257 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 $46,000.

Apartments Under $1,200 in Panama City, FL: March 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 March 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 5 10 15 20 <$900 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480
This month, the typical cost to rent a one-bedroom apartment in Panama City stands at $1,200, with the majority falling between $920 and $1,690. Out of the 348 one-bedroom apartments currently on the market in Panama City, 107 are priced below $1,200, accounting for 31% 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
Lynn Haven, FL
42
3
3
In March 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 43 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 March M/M % Change
Panama City, FL 43 +0.93%
Panama City Beach, FL 4 +0.95%
Lynn Haven, FL 4 +0.9%

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

Available apartments under $1,200 481
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, Microwave
Deals 19
Pet friendly 35
1 Bedroom 28
2 Bedroom 35
3 Bedroom 3
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