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Apartments Under $1,200 in Panama City, FL

1 - 30 of 32 Results
18
$1,135 - 1,160
Turtle Lake
Deal
4.2
4324 W 20th St Panama City, FL
1 BR | Apr. 30, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
24
$973 - 1,168
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
$948 - 1,170
Palm Vista
Deal
322 S Burkett Dr Panama City, FL
1 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
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
$1,200
707-713 N 9Th St
Panama City, FL
3 BR | May. 15, 2026
Contact
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
1
$995
1102 Frankford Ave
Panama City, FL
2 BR | Available Now
Contact
Disability Access
1
$1,200
Great Efficiency Unit, Close To Tyndall Afb!
407 Viola Ave Panama City, FL
2 BR | Available Now
Contact
House
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,150
12 Alma Ave, #c
12 Alma Ave Panama City, FL
2 BR | Available Now
Contact
1
$995
2814 Panama Ave. N #7
2814 Panama Ave #7 N Panama City, FL
2 BR | Available Now
Contact
1
$1,150
2750 W 12Th St #3a
Panama City, FL
2 BR | Available Now
Contact
Storage
11
$1,079
6950 Highway 98
Panama City, FL
2 BR | Available Now
Contact
14
$1,200
705 Satsuma Ave
Panama City, FL
2 BR | Available Now
Contact
1
$950
3008 Stanford Rd
Panama City, FL
2 BR | Available Now
Contact
Air Conditioning
Storage
Dishwasher
1
$1,000
119 College Ave
Panama City, FL
3 BR | Available Now
Contact
Air Conditioning
Storage
1
$995
4512 Carla Ln
Panama City, FL
2 BR | Available Now
Contact
House
Disability Access
5
$650
1401 Transmitter Rd Unit 14-2
Panama City, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,200
Harvey St Multi-family
6121 Harvey St Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
0
$1,200
Pleasant Manor - 1930 W 24Th St
Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
4
$650
1401 Transmitter Rd Unit 20
Panama City, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,075
6707 E Hwy
Panama City, FL
2 BR | Available Now
Contact
Storage
Dishwasher
11
$1,094
265 W 15th St
Panama City, FL
2 BR | Available Now
Contact
1
$995
1511 Molitor Ave #6
Panama City, FL
1 BR | Available Now
Contact
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
1
$950
2701 E 8th Ct
Panama City, FL
2 BR | Available Now
Contact
1
$1,150
Oakmont Apartments Llc
1301 Frankford Ave Panama City, FL
2 BR | May. 1, 2026
Contact
1
$1,100
Efficient 2Bed Townhome In Callaway! *water/sewer, Garbage & Lawncare Included!* *section 8 - Encouraged!!*
6332 Omoko St Panama City, FL
2 BR | Available Now
Contact
House
Dishwasher
1
$1,100
Efficient 2Bed Townhome In Callaway! *water/sewer, Garbage & Lawncare Included!* *section 8 - Encouraged!!*
6329 Omoko St Panama City, FL
2 BR | Available Now
Contact
House
Dishwasher
1
$1,200
North Anita Drive
108 N Anita Dr Panama City, FL
1 BR | Apr. 30, 2026
Contact
House
22
$1,183
Turtle Lake
4324 W. 20th Street Panama City, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
1 - 30 of 32 Results
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  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 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 186 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 247 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 $45,000.

Apartments Under $1,200 in Panama City, FL: April 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 April 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 $1,190, with the majority falling between $950 and $1,500. Out of the 374 one-bedroom apartments currently on the market in Panama City, 120 are priced below $1,200, accounting for 32% 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
45
3
In April 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 April M/M % Change
Panama City, FL 45 +0.94%
Panama City Beach, FL 3 +1.17%
Lynn Haven, FL 3 +1.23%

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

Available apartments under $1,200 521
Top amenities Air Conditioning, Balcony/Deck/Patio, On Site Laundry, Refrigerator, Range / Oven
Deals 26
Pet friendly 19
1 Bedroom 37
2 Bedroom 28
3 Bedroom 3
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