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Apartments Under $1,200 in Panama City, FL

1 - 30 of 42 Results
29
$1,145 - 1,245
Turtle Lake
Deal
4.2
4324 W 20th St Panama City, FL
1 BR | Nov. 13, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
24
$973 - 1,173
Siena Gardens Apartments
901 W 19Th St Panama City, FL
1 BR | Dec. 4, 2026
Contact
Income Restricted
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Fitness Center
5
$974 - 1,109
Palm Vista
322 S Burkett Dr Panama City, FL
Studio - 1 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
14
$1,200
705 Satsuma Ave
Panama City, FL
2 BR | Available Now
Contact
5
$1,200
Large 2 Bedroom/1 Bath Apartment Available
3426 Douglas Rd Panama City, FL
2 BR | Available Now
Contact
1
$1,195
2708 E 17Th St
Panama City, FL
2 BR | Available Now
Contact
Cat Friendly
House
1
$1,100
351 College Ave Unit A
351 College Ave Panama City, FL
3 BR | Available Now
Contact
Disability Access
23
$975
307 Wilson Ave
Panama City, FL
1 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
1205 Stephen Dr
Panama City, FL
2 BR | Nov. 21, 2026
Contact
Storage
Disability Access
Dishwasher
1
$1,000
119 College Ave
Panama City, FL
2 - 3 BR | Available Now
Contact
Air Conditioning
Storage
1
$995
3008 Stanford Rd
Panama City, FL
2 BR | Available Now
Contact
Air Conditioning
Storage
Dishwasher
0
$975
Reagan Road Townhomes
155-179 Reagan Rd Panama City, FL
2 BR | Available Now
Contact
House
Storage
Disability Access
5
$850
309 College Ave
Panama City, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
18
$895
1708 Louise Ave
Panama City, FL
2 BR | Ask for Availability
Contact
1
$1,100
Harvey St Multi-family
6121 Harvey St Panama City, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$995
4905 Alameda St Lot 1
Panama City, FL
3 BR | Available Now
Contact
House
Storage
1
$1,000
Efficient Duplex, Conveniently Located Near Shopping, Dining & Entertainment! Close To Tyndall Afb!!
5426 Lake Dr Panama City, FL
2 BR | Available Now
Contact
House
Storage
Dishwasher
1
$995
4905 Alameda Street Lot 7
4905 Alameda St Panama City, FL
3 BR | Available Now
Contact
House
5
$650
1401 Transmitter Rd Unit 14-2
Panama City, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,000
6707 E Hwy
Panama City, FL
2 BR | Available Now
Contact
Storage
Dishwasher
1
$995
2409 E 10Th St
Panama City, FL
2 BR | Available Now
Contact
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
10
$900
Raven Ln
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
18
$895
1708 Louise Ave
Panama City, FL
2 BR | Ask for Availability
Contact
9
$725
231 Kraft Ave
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
12
$499 - 1,094
265 W 15th St
Panama City, FL
2 - 3 BR | Available Now
Contact
1 - 30 of 42 Results
  1. Home
  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 42 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 118 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 140 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: November 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 November 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 $1,100, with the majority falling between $880 and $1,500. Out of the 433 one-bedroom apartments currently on the market in Panama City, 118 are priced below $1,200, accounting for 27% 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
32
6
In November 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 51 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 November M/M % Change
Panama City, FL 33 +0.98%
Panama City Beach, FL 7 +0.9%
Lynn Haven, FL 1 +0.25%

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

Available apartments under $1,200 202
Top amenities On Site Laundry, Refrigerator, Range / Oven, Microwave, Garage Attached
Pet friendly 8
1 Bedroom 22
2 Bedroom 31
3 Bedroom 6
Square footage 522 - 1,100
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