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Apartments in 32401

1 - 19 of 19 Results
1
1013 Spring Ave Apartment for rent in Panama City, FL
$1,295
1013 Spring Ave
Panama City, FL
2 BR | Aug. 10, 2025
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1
Great Townhome In The Cove! Apartment for rent in Panama City, FL
$1,500
Great Townhome In The Cove!
349 Mercedes Ave Panama City, FL
2 BR | Available Now
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1
807 E 10Th St Apartment for rent in Panama City, FL
$1,200
807 E 10Th St
Panama City, FL
3 BR | Available Now
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14
108 N Gray Ave Apartment for rent in Panama City, FL
$2,200
108 N Gray Ave
Panama City, FL
2 BR | Ask for Availability
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9
111 N Marie Dr Apartment for rent in Panama City, FL
$1,850
111 N Marie Dr
Panama City, FL
3 BR | Available Now
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5
1401 Transmitter Rd Unit 14-1 Apartment for rent in Panama City, FL
$650
1401 Transmitter Rd Unit 14-1
Panama City, FL
Studio | Available Now
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1
Bay Front Condo Sun Harbor Apartment for rent in Panama City, FL
$1,200
Bay Front Condo Sun Harbor
5505 Sun Harbor Rd #259 Panama City, FL
Studio | Available Now
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1
237 Helen Ave #b Apartment for rent in Panama City, FL
$995
237 Helen Ave #b
237 Helen Ave Panama City, FL
2 BR | Available Now
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23
1401 Transmitter Rd Apartment for rent in Panama City, FL
$1,495
1401 Transmitter Rd
Panama City, FL
3 BR | Available Now
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1
Enjoy This View From Your Balcony At Bayou Pointe Villas Apartment for rent in Panama City, FL
$2,000
Enjoy This View From Your Balcony At Bayou Pointe Villas
1320 E Hwy Panama City, FL
2 BR | Available Now
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25
1401 Transmitter Rd Apartment for rent in Panama City, FL
$1,875
1401 Transmitter Rd
Panama City, FL
3 BR | Available Now
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15
139 Kraft Ave Apartment for rent in Panama City, FL
$1,500
139 Kraft Ave
Panama City, FL
3 BR | Ask for Availability
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1
Exquisite 4-bedroom, 2-bathroom Home In The Cove! *1/2 Off Security Deposit For Active-duty Military!!* Apartment for rent in Panama City, FL
$2,000
Exquisite 4-bedroom, 2-bathroom Home In The Cove! *1/2 Off Security Deposit For Active-duty Military!!*
106 N Macarthur Ave Panama City, FL
4 BR | Available Now
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1
Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou! Apartment for rent in Panama City, FL
$1,650
Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou!
504 E 4th St Panama City, FL
2 BR | Aug. 20, 2025
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1
For Lease - 3 Br|2 Ba In St. Andrews! Apartment for rent in Panama City, FL
$1,850
For Lease - 3 Br|2 Ba In St. Andrews!
1431 W 11th St Panama City, FL
3 BR | Available Now
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1
807 E 7th Ct Apartment for rent in Panama City, FL
$1,100
807 E 7th Ct
Panama City, FL
2 BR | Available Now
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1
Nearly New 3Bed Home, Centrally Located To Shopping & Tyndall Afb! *military & Move-in Specials Available!!* Apartment for rent in Panama City, FL
$2,200
Nearly New 3Bed Home, Centrally Located To Shopping & Tyndall Afb! *military & Move-in Specials Available!!*
2806 E 3rd St Panama City, FL
3 BR | Aug. 6, 2025
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Waterfront Townhome On St. Andrew's Bay! - *pest Control & Lawncare Included!* Apartment for rent in Panama City, FL
$2,250
Waterfront Townhome On St. Andrew's Bay! - *pest Control & Lawncare Included!*
424 E Beach Dr Panama City, FL
2 BR | Available Now
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$1,250
1114 Arthur Avenue
Panama City, FL
2 BR | Available Now
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1 - 19 of 19 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
Studio $930 $650 - $1,200
2BR $1,500 $1,000 - $2,250
3BR $1,850 $1,200 - $2,200
Frequently Asked Questions

How many apartments are available in 32401 on Rentable.co?

Rentable.co has 19 apartments available for rent in 32401.

What is the average rent for an apartment in 32401?

The average rent for an apartment in 32401 is around $1,500 per month.

What is the average rent for a two-bedroom apartment in 32401?

The average rent for a two-bedroom apartment in 32401 is around $1,500 per month.

What is the average rent for a studio apartment in 32401?

The average rent for a studio apartment in 32401 is around $925 per month.

Find an Apartment in 32401
Looking for apartments for rent near 32401 in Panama City, FL? You're in luck! Currently, there are 19 units available for rent in this area on Rentable. The average rent in 32401 is $1,500, with the cheapest floor-plan type starting at $650.

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:
July Rent Report

Welcome to the July 2025 Panama City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Panama City Rent Prices Decrease From June to July

Panama City rent prices decreased over the last month. From June to July, the city experienced a -1.04% decrease for the price of a one-bedroom apartment. The rent price for a Panama City one-bedroom apartments currently stands at $1,237.0.

When we take a look at the two-bedroom comparison from June to July, Panama City experienced a -0.83% decrease for the price of a two-bedroom apartment. The rent price for a Panama City two-bedroom apartments currently stands at $1,312.0.

July Prices: Panama City vs. Surrounding Areas

Panama City Beach, FL
Panama City, FL
Lynn Haven, FL
$1,394
$1,250
$975
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

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 1 of the Panama City suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Panama City Beach, FL .

  • Rent decreased in Lynn Haven, FL.

  • 1 suburb is currently priced higher than the city of Panama City.

  • 1 suburb is currently priced lower than the city of Panama City.

July 2025 Pricing Trends: Panama City vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
Panama City, FL
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$1,250
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Panama City, FL $1,250.0 0.81% $1,323.0 0.30%
Panama City Beach, FL $1,394.0 1.38% $1,695.0 1.44%
Lynn Haven, FL $975.0 0.00% $1,275.0 -0.16%

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.

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