Apartments in 32401

1 - 30 of 43 Results
39
$2,200
Panama City, FL
3 BR | Available Now
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1
$1,295
2750 W 12Th St Panama City, FL
2 BR | Available Now
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1
$1,375
349 Mercedes Ave Panama City, FL
2 BR | Available Now
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Cat Friendly
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5
$650
Panama City, FL
Studio | Available Now
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Cat Friendly
14
$1,650
Panama City, FL
3 BR | Available Now
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1
$1,050
Panama City, FL
2 BR | Available Now
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23
$1,295
Panama City, FL
3 BR | Available Now
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Cat Friendly
House
Air Conditioning
Dishwasher
1
$995
3702 E 11Th St Panama City, FL
2 BR | Available Now
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Cat Friendly
Disability Access
1
$1,800
1320 E Hwy Panama City, FL
2 BR | Available Now
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20
$2,000
Panama City, FL
3 BR | Available Now
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Cat Friendly
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Storage
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7
$1,700
Panama City, FL
2 BR | Available Now
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1
$995
237 Helen Ave Panama City, FL
2 BR | Available Now
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1
$1,195
Panama City, FL
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,200
807 Cherry St Panama City, FL
2 BR | Available Now
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Cat Friendly
7
$1,050
Panama City, FL
1 BR | Available Now
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1
$1,600
Panama City, FL
3 BR | Available Now
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Cat Friendly
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Storage
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1
$1,845
Panama City, FL
3 BR | Available Now
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Cat Friendly
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Dishwasher
14
$1,700
Panama City, FL
3 BR | Available Now
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1
$1,175
108 Gray Ave Panama City, FL
2 BR | Available Now
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Dishwasher
10
$3,500
Panama City, FL
3 BR | Available Now
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13
$1,800
Panama City, FL
2 BR | Available Now
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17
$1,550
Panama City, FL
3 BR | Available Now
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1
$1,200
Panama City, FL
3 BR | Jan. 21, 2026
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Air Conditioning
Storage
1
$1,395
Panama City, FL
2 BR | Jan. 10, 2026
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Dishwasher
1
$900
Panama City, FL
1 BR | Available Now
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Disability Access
1
$1,600
204 E 10th St Panama City, FL
2 BR | Available Now
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1
$1,145
Panama City, FL
2 BR | Available Now
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Dishwasher
10
$1,700
Panama City, FL
2 BR | Available Now
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14
$2,800
Panama City, FL
4 BR | Available Now
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1
$1,800
224 Everitt Ave Panama City, FL
3 BR | Available Now
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1 - 30 of 43 Results
  1. Home
  2. Panama City
  3. 32401

How much does it cost to rent an apartment in 32401?

32401 apartments
Bed Type Average Rent Range
1BR $900 $900 - $1,050
2BR $1,300 $1,000 - $2,000
3BR $1,750 $1,220 - $4,630
Find an Apartment in 32401
Looking for apartments for rent near 32401 in Panama City, FL? You're in luck! Currently, there are 43 units available for rent in this area on Rentable. The average rent in 32401 is $1,400, with the cheapest floor-plan type starting at $895.

The 32401 zip code is home to several points of interest and community amenities. Panama City hosts beautiful parks like McKenzie Park and Downtown Panama City Community Garden, where residents can relax and enjoy nature. There are also plenty of dining options and shopping centers in the area, making it a convenient place to live.

If you're searching for apartments near 32401, explore Rentable's listings in Panama City, FL. We have a wide range of rentals available that cater to various budgets and preferences. Find your dream apartment in 32401 and make it your new home today.

Panama City:
December Rent Report

Welcome to the December 2025 Panama City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Panama City rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Panama City and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Panama City average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
1 BR       2 BR

Panama City Rent Prices Decrease From November to December

Panama City rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Panama City one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Panama City experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Panama City two-bedroom apartments currently stands at $.

December Prices: Panama City vs. Surrounding Areas

Rent Prices in Panama City and Surrounding Areas

Rent prices have decreased in Panama City over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Panama City suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Panama City suburbs

  • Rents did not decrease in any of the Panama City suburbs.

December 2025 Pricing Trends: Panama City vs. National Comparisons

Panama City Rent Prices More Affordable Than Major Cities

Rent growth in Panama City over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Panama City average rent prices appear to be relatively affordable for local residents.

The price for a Panama City one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Panama City and surrounding area rent prices, take a look at the complete data set below.

Data set for Panama City and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.