What is the typical rent for a studio apartment in Panama City?

The average rent for a studio apartment in Panama City is $6,651.

How expensive are one-bedroom apartments in Panama City?

The average rent for a one-bedroom apartment rental in Panama City is $1,388.

How much is rent for two-bedroom apartments in Panama City?

The average monthly rent for a two-bedroom apartment in Panama City is $1,613.

Are there any properties that are currently offering move-in specials in Panama City?

Yes, you can filter your apartment search to only include properties in Panama City that are offering move-in specials .

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Cheap Apartments for Rent in Panama City, FL

16 rentals available

1 of 1
Sovereign at North Bay
$579
1800 Florida Ave, Panama City, FL 32405
(850) 940-3928
6 units available
2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Carport, Walk in closets, Gym, Playground + more
Coastal Luxury
Resort-style living near Panama City beach
Discover upscale comfort at Sovereign at North Bay, where resort-style amenities blend with modern design. Enjoy spacious layouts with private balconies, just minutes from the beach and downtown Panama City. Residents love the attentive management and serene atmosphere.
Recently updated units
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Andrews Place - Affordable Housing
$1,015
1914 Frankford Ave, Panama City, FL 32405
(850) 929-8981
34 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Gym, Pool, Air conditioning, Ceiling fan + more
Coastal Living
Ideal spot near beaches in Panama City.
Discover a vibrant community at Andrews Place, located conveniently near Panama City Beach and Mexico Beach. With amenities like a pool, fitness center, and playground, residents enjoy both relaxation and activity. Spacious floor plans and attentive management enhance the living experience.
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Exchange at North Bay
$1,300
3625 Frankford Avenue, Panama City, FL 32405
(850) 616-2329
28 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Pet friendly, Garage, Stainless steel + more
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Exchange at the Beach
$1,338
2200 Thomas Drive, Panama City, FL 32408
(850) 757-9155
Rent Savings
7 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Beachside Luxury
Luxury living by the beach in Panama City.
Step into high-end living at Exchange at the Beach in Panama City. With its elegant designs and premium amenities like a pool and yoga studio, residents enjoy top-notch comfort. Located near the vibrant Race City area, you'll find a variety of dining and shopping spots within walking distance.
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Best market deals
These units are the best deal in town.
2128 W 29th A/b Court 0 Bed
Studio • 1 Bath
Base monthly rent
$400+
Available
Now
Sovereign at North Bay 1-334
2 Beds • 2 Baths • 974 sqft
Base monthly rent
$579+
Available
Now
1400 Gulf Ave. #5 1400 Gulf Ave. #5
1 Bed • 1 Bath • 425 sqft
Base monthly rent
$850+
Available
Now
Andrews Place - Affordable Housing 3-328
1 Bed • 1 Bath • 787 sqft
Base monthly rent
$1,015+
Available
Now
1304 B Grace Ave 1304 B Grace Ave
1 Bed • 1 Bath • 750 sqft
Base monthly rent
$1,095+
Available
Now
Bayside Villas
$1,195
1406 South Berthe Avenue, Panama City, FL 32404
(850) 250-4526
4 units available
2 bed
Amenities
Dishwasher, Pet friendly, Dog park, Ceiling fan, and Bbq/grill
Pet-Friendly
Conveniently Located Pet-Lovers' Haven
Discover a welcoming community at Bayside Villas in East Bay Park. Ideal for pet owners, the property features handy amenities and a dog park, ensuring a pleasant experience. Easy access to nearby shops, restaurants, and parks amplifies its convenience for residents.
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Westwood Village
$1,230
2203 Beck Ave, Panama City, FL 32405
(850) 252-8138
3 units available
1 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Active Lifestyle
Pet-friendly with abundant local amenities and activities nearby.
Westwood Village offers pet-friendly living with one and two-bedroom options in a vibrant community. Ideal for those seeking an active lifestyle, enjoy nearby bike paths, parks, and recreational facilities. The community is known for its welcoming atmosphere and friendly neighbors, fostering a strong sense of belonging.
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1304 B Grace Ave
$1,095
1304 Grace Avenue, Panama City, FL 32401
(850) 769-5775
1 unit available
1 bed
Amenities
Dishwasher, Range, Oven, and Refrigerator
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1400 Gulf Ave. #5
$850
1400 Gulf Avenue, Panama City, FL 32401
(850) 769-5775
1 unit available
1 bed
Amenities
Microwave, Range, and Refrigerator
Beach Access
Convenient beach access and vibrant community vibes.
1400 Gulf Ave. #4 offers easy access to the stunning beach, making regular seaside visits a breeze. Residents rave about the friendly community that fosters a strong sense of belonging. Pet owners will love the dog-friendly environment and the opportunity to socialize with their pets.
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725 Sherman Ave Unit B
$1,250
725 Sherman Avenue, Panama City, FL 32401
(850) 775-1904
1 unit available
3 bed
Amenities
Pet friendly
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Cove area 2 bed 1 bath
$1,300
603 East 2nd Street, Panama City, FL 32401
(850) 775-1904
1 unit available
2 bed
Beach Access
Close proximity to beach and local shopping delights.
Discover a charming suburban vibe just minutes from the beach! 603 E 2nd Street offers easy access to shopping and local schools, making everyday conveniences a breeze. Residents love the dog-friendly community and the welcoming neighborhood atmosphere.
Recently updated units
Luxury apartments
Top units for an elevated lifestyle.
5102 Northbay Drive 0 Bed
Studio • 1 Bath • 5868 sqft
Base monthly rent
$12,714+
Available
Now
703 W 15th Street B
Studio • 1 Bath • 10000 sqft
Base monthly rent
$10,000+
Available
Now
2194 Briawood Circle 1
3 Beds • 4 Baths • 2494 sqft
Base monthly rent
$3,000+
Available
Now
3900 W 17th st 4 Bed
4 Beds • 4 Baths
Base monthly rent
$2,800+
Available
Now
6615 Atkins Road 4 Bed
4 Beds • 3 Baths • 1976 sqft
Base monthly rent
$2,500+
Available
Now
307 Wilson Avenue Apt 15
$1,345
307 Wilson Avenue, Panama City, FL 32401
(850) 769-5775
1 unit available
1 bed
Amenities
Range and Refrigerator
Recently updated units
1325 W 12th Street
$1,300
1325 West 12th Street, Panama City, FL 32401
(850) 785-1551
1 unit available
2 bed
Amenities
On-site laundry and Pool
Recently updated units
Sun Harbor
$1,250
5505 Sun Harbor Road, Panama City, FL 32401
(850) 872-7473
1 unit available
1 bed
Amenities
On-site laundry, Pool, Ceiling fan, Some paid utils, Furnished, and Range
Stunning Views
Breathtaking Bay Views in Panama City
Sun Harbor offers a beautifully furnished waterfront condo with breathtaking bay views. This community features a vibrant and friendly atmosphere with amenities like a community pool and on-site laundry. Residents rave about the stunning sunsets and the popular on-site restaurant and tiki bar, which truly enhance the seaside living experience.
Recently updated units
1420 Beck Avenue
$1,300
1420 Beck Avenue, Panama City, FL 32401
(850) 867-1350
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, Coffee bar, Bbq/grill, Internet access, and Furnished
Recently updated units
705 Satsuma Avenue (ADU)
$1,100
705 Satsuma Avenue, Panama City, FL 32401
(850) 257-5016
1 unit available
2 bed
Amenities
Patio / balcony, Pet friendly, and Recently renovated
Freshly Renovated
Spacious, updated home ready for new occupants.
705 Satsuma Avenue offers a newly renovated space with standout features like a spacious kitchen and a bonus room perfect for multiple uses. Residents appreciate the fresh updates, including new paint, which enhances the home's appeal. With its private yard and dedicated parking, this home provides added convenience and comfort.
Recently updated units
2128 W 29th A/b Court
$400
2128 West 29th Street, Panama City, FL 32405
(850) 234-5678
1 unit available
Studio
Amenities
Parking
Recently updated units

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Bedrooms

1 Bedroom Apartments in Panama City (13)

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Panama City Apartments with Move-in Specials (6)

Amenities

Cities

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Bay County Apartments (310)

Neighborhoods

Bunkers Cove (6)

Colleges

Gulf Coast State College (21)

Frequently Asked Questions (FAQs)

City Guide for Panama City, FL

Situated on beautiful St. Andrews Bay along the Emerald Coast in the northwest Florida Panhandle, Panama City is not only a perpetually booming tourist town, but also a great place to call home. A popular living locale for singles, families, snowbirds, retirees, and military personnel alike, Panama City lays claim to a wide range of attractive, affordable apartments for rent. A quick look through this apartment guide and you’ll be just two shakes of an alligator’s tail from living the good life in the Sunshine State!

You might be pleasantly surprised to find out that inexpensive apartments in Panama City are a dime a dozen

View Panama City Guide