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Apartments Under $1,200 in Panama City, FL

31 - 32 of 32 Results
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
5
$816 - 982
Siena Gardens Apartments
901 West 19th Street Panama City, FL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Section 8
31 - 32 of 32 Results
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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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