Apartments in 32401

31 - 37 of 37 Results
1
$1,400
2026 Baker Ct #21 Panama City, FL
2 BR | Available Now
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House
Dishwasher
1
$1,025
Panama City, FL
2 BR | Available Now
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1
$895
Panama City, FL
1 BR | Available Now
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1
$950
Panama City, FL
1 BR | Mar. 5, 2026
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1
$1,000
3203 E 2nd Ct Panama City, FL
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$2,250
424 E Beach Dr Panama City, FL
2 BR | Available Now
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House
Balcony/Deck/Patio
Disability Access
Dishwasher
$1,250
Panama City, FL
2 BR | Available Now
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Dishwasher
31 - 37 of 37 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 $1,050 $900 - $1,450
2BR $1,300 $1,000 - $2,110
3BR $1,800 $1,220 - $4,920
Find an Apartment in 32401
Looking for apartments for rent near 32401 in Panama City, FL? You're in luck! Currently, there are 36 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:
February Rent Report

Welcome to the February 2026 Panama City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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

$1,400
$1,050
$700
$350
$0
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Panama City Rent Prices Decrease From January to February

Panama City rent prices decreased over the last month. From January to February, 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 January to February, 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 $.

February 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.

February 2026 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 February 1 BR M/M % Change 2 BR February 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.