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Apartments Under $1,200 in Panama City, FL

1 - 30 of 34 Results
24
$973 - 1,368
Siena Gardens Apartments
901 W 19Th St Panama City, FL
1 - 2 BR | Sep. 27, 2026
Contact
Senior Community
Income Restricted
Air Conditioning
Surface Parking
Balcony/Deck/Patio
14
$895
1129 Magnolia Ave
Panama City, FL
2 BR | Ask for Availability
Contact
33
$895
834 West St
Panama City, FL
2 BR | Ask for Availability
Contact
1
$1,000
119 College Ave
Panama City, FL
3 BR | Available Now
Contact
Air Conditioning
Storage
1
$975 - 1,150
Reagan Road Townhomes
155-179 Reagan Rd Panama City, FL
2 BR | Available Now
Contact
House
Storage
Disability Access
1
$1,100
351 College Ave Unit A
351 College Ave Panama City, FL
3 BR | Available Now
Contact
Disability Access
1
$950
2814 Panama Ave. N #6
2814 Panama Ave #6 N Panama City, FL
2 BR | Available Now
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Storage
1
$950
6707 E Hwy
Panama City, FL
2 BR | Available Now
Contact
Storage
Dishwasher
1
$1,195
4905 Alameda St Lot 1
Panama City, FL
3 BR | Available Now
Contact
House
Storage
8
$1,050
810 E 25th St
Panama City, FL
2 BR | Ask for Availability
Contact
18
$895
1708 Louise Ave
Panama City, FL
2 BR | Ask for Availability
Contact
14
$1,200
705 Satsuma Ave
Panama City, FL
2 BR | Available Now
Contact
9
$725
231 Kraft Ave
Panama City, FL
2 BR | Ask for Availability
Contact
12
$499 - 1,094
265 W 15th St
Panama City, FL
2 - 3 BR | Available Now
Contact
1
$1,195
2708 E 17Th St
Panama City, FL
2 BR | Available Now
Contact
Cat Friendly
House
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
1
$975
1403 - 1443 W 29th Ct
29 Th Ct Panama City, FL
2 BR | Available Now
Contact
Storage
Disability Access
1
$1,200
2bd 1.5ba Remodeled Townhouse W/ Water Views In Parker
1042 Brannon Pl Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$1,100
Centrally Located Townhome Near Schools, Shopping & Dining! *1/2 Off Security Deposit For A-d Military!*
1538 Mulberry Ave Panama City, FL
2 BR | Available Now
Contact
House
Storage
Dishwasher
18
$895
1708 Louise Ave
Panama City, FL
2 BR | Ask for Availability
Contact
1
$1,150
852 West St
Panama City, FL
2 BR | Available Now
Contact
House
1
$900
6321 Lenawee C3
6321 Lenawee St Apt C3 Panama City, FL
2 BR | Available Now
Contact
0
$900
6321 Lenawee St Apt D1
Panama City, FL
2 BR | Available Now
Contact
1
$1,050 - 1,095
Garden Manor Apts
149 N Hwy Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
1
$925
600 Bob Little Rd Unit 8
Panama City, FL
1 BR | Sep. 28, 2026
Contact
1
$850
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
$975
923 Sanders Ln
Panama City, FL
1 BR | Available Now
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
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1
$1,200
1510 Arthur Ave
Panama City, FL
2 BR | Available Now
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Dishwasher
1 - 30 of 34 Results
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  2. Panama City
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Frequently Asked Questions

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

There are 34 apartments under $1,200 in Panama City currently available for rent on Rentable.co.

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

Rentable.co has 51 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 117 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 $39,000.

Apartments Under $1,200 in Panama City, FL: September 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 September 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 $1,540 $1,580
This month, the typical cost to rent a one-bedroom apartment in Panama City stands at $1,320, with the majority falling between $950 and $1,740. Out of the 387 one-bedroom apartments currently on the market in Panama City, 9 are priced below $1,200, accounting for 2% 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
5
In September 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 42 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 September M/M % Change
Panama City, FL 34 +1.02%
Panama City Beach, FL 5 +0.59%
Lynn Haven, FL 1 +1.3%

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

Available apartments under $1,200 101
Top amenities Refrigerator, Garbage Disposal, Range / Oven, Microwave, Garage Attached
Pet friendly 12
1 Bedroom 4
2 Bedroom 34
3 Bedroom 4
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