Apartments for Rent in Panama City, FL

55 rentals available

603 E 2nd Street

$1,300

603 East 2nd Street, Panama City, FL 32401

(850) 775-1904

1 unit available

2 bed

2123 E 3rd St

The average rent for a 1 bedroom apartment in Panama City is $1,386+, while the average rent for a 2 bedroom apartment is $1,604+. Rent rates updated 8 days ago

Studio: $5,630+
Prices trending down
1 Bed: $1,386+
Prices trending down
2 Beds: $1,604+
Prices trending down
3+ Beds: $1,955+
Prices trending down

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

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Panama City Rent Report: March 2026

Welcome to the Apartment List March 2026 Rent Report for Panama City, FL. Currently, the overall median rent in the city stands at $1,283, after rising 1.8% last month. Prices and are now up 1.5% year-over-year. Read on to learn more about what’s been happening in the Panama City rental market and how it compares to trends throughout the nation as a whole.