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

The average rent for a studio apartment in Panama City is $4,907.

How expensive are one-bedroom apartments in Panama City?

The average rent for a one-bedroom apartment rental in Panama City is $1,373.

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

The average monthly rent for a two-bedroom apartment in Panama City is $1,630.

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

10 rentals available

1 of 59
Exchange at North Bay
$1,290
3625 Frankford Avenue, Panama City, FL 32405
(850) 616-2329
31 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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1 of 29
4.3
The Tyde Apartments
$1,299
1105 Clara Avenue, Panama City, FL 32407
(850) 546-4810
Rent Savings
Top rated for Amenities
“Everything is so great so far. No problems or complaints”
17 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Pet-Friendly Oasis
Beachside living with top-notch amenities
The Tyde offers a perfect blend of comfort and convenience, located just minutes away from beautiful beaches, shopping, and dining. This pet-friendly community boasts a resort-style pool, modern gym, and diverse entertainment options. Residents appreciate spacious apartments, ample storage, and a supportive management team.
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Exchange at the Beach
$1,274
2200 Thomas Drive, Panama City, FL 32408
(850) 757-9155
Rent Savings
12 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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Westwood Village
$1,330
2203 Beck Ave, Panama City, FL 32405
(850) 252-8138
2 units available
1 bed • 2 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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Best market deals
These units are the best deal in town.
2128 W 29th A/b Court 0 Bed
Studio • 1 Bath
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Sovereign at North Bay 1-330
2 Beds • 2 Baths • 974 sqft
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705 Satsuma Avenue (ADU) 2 Bed
2 Beds • 1 Bath
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2750 W 12th St #3A 2750 W 12Th St #3A
2 Beds • 1.5 Baths • 900 sqft
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Bayside Villas E-2
2 Beds • 1 Bath • 750 sqft
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Bayside Villas
$1,195
1406 South Berthe Avenue, Panama City, FL 32404
(850) 250-4526
1 unit 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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Sovereign at North Bay
$546
1800 Florida Ave, Panama City, FL 32405
(850) 940-3928
15 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.
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2750 W 12th St #3A
$1,150
2750 West 12th Street, Panama City, FL 32401
(850) 769-5775
1 unit available
2 bed
Amenities
Dishwasher, Range, and Refrigerator
Recently updated units
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
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
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Luxury apartments
Top units for an elevated lifestyle.
5102 Northbay Drive 0 Bed
Studio • 1 Bath • 5868 sqft
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703 W 15th Street unit: B 0 Bed
Studio • 1 Bath • 10000 sqft
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3900 W 17th st 4 Bed
4 Beds • 4 Baths
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2615 W 11th Street 4 Bed
4 Beds • 3 Baths • 1905 sqft
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1080 Blazing Star Street 3 Bed
3 Beds • 2 Baths • 1549 sqft
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1 Bedroom Apartments in Panama City (11)

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Panama City Apartments with Move-in Specials (6)

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Bay County Apartments (311)

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Bunkers Cove (5)

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Gulf Coast State College (20)

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