Palm Cove offers coastal living with canal access in a quieter setting away from Panama City Beach's tourist zones. Rental properties often feature water views, private docks, and Florida-essential covered patios. The neighborhood provides easy access to both Gulf beaches and everyday shopping along Back Beach Road, though hurricane evacuation orders affect this zone during serious storm threats.
Welcome to the Apartment List March 2026 Rent Report for Panama City Beach, FL. Currently, the overall median rent in the city stands at $1,524, roughly the same as last month. Prices are now down 2.6% year-over-year. Read on to learn more about what’s been happening in the Panama City Beach rental market and how it compares to trends throughout the nation as a whole.
