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Apartments for Rent in Panama City, FL

67 rentals available
  • The Kelly at 23rd Luxury Apartments

    $1,499
    2002 Wilson Avenue, Panama City, FL 32405
    (256) 298-8850

    25 units available
    1 bed • 2 bed • 3 bed
    Amenities

    In unit laundry, Hardwood floors, Pet friendly, New construction, Stainless steel, Walk in closets + more

    Verified listing
    Verified
  • Exchange at North Bay

    $1,274
    3625 Frankford Avenue, Panama City, FL 32405
    (850) 616-2329
    Rent Savings

    33 units available
    1 bed • 2 bed • 3 bed
    Amenities

    W/D hookup, Patio / balcony, Granite counters, Pet friendly, Garage, Stainless steel + more

    Verified listing
    Verified
  • Sunset Village

    $1,999
    5284 Emma Grace Dr, Panama City, FL 32404
    (850) 257-7220

    21 units available
    3 bed • 4 bed • 5 bed
    Amenities

    In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more

    Verified listing
    Verified
  • 4.3

    The Tyde Apartments

    $1,399
    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
    13 units available
    1 bed • 2 bed • 3 bed
    Amenities

    In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more

    Verified listing
    Verified
  • Panama City city guide
    Everything you need to know
  • Featured Unit 1
    Best market deals
    These units are the best deal in town.
  • Ava Kay Townhomes

    $NaN
    263 -A Nelle St Apt., Panama City, FL 32404
    (850) 920-6198

    Contact for Availability
    Amenities

    W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more

    Verified listing
    Verified
  • The Residences at SweetBay

    $1,313
    3100 Sweetbay Avenue, Panama City, FL 32405
    (909) 766-6401

    15 units available
    1 bed • 2 bed • 3 bed
    Amenities

    In unit laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Pet friendly + more

    Verified listing
    Verified
  • Pointe Grand Panama City

    $1,599
    723 West 19th Street, Panama City, FL 32405
    (850) 809-8430
    Rent Savings

    20 units available
    2 bed
    Amenities

    In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more

    Verified listing
    Verified
  • Exchange at the Beach

    $1,376
    2200 Thomas Drive, Panama City, FL 32408
    (850) 757-9155
    Rent Savings

    9 units available
    1 bed • 2 bed
    Amenities

    In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more

    Verified listing
    Verified
  • Bayside Villas

    $1,195
    1406 South Berthe Avenue, Panama City, FL 32404
    (850) 250-4526

    19 units available
    2 bed
    Amenities

    Dishwasher, Pet friendly, Dog park, Ceiling fan, and Bbq/grill

    Verified listing
    Verified
  • Westwood Village

    $1,230
    2203 Beck Ave, Panama City, FL 32405
    (850) 252-8138

    12 units available
    1 bed • 2 bed
    Amenities

    On-site laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more

    Verified listing
    Verified
  • Featured Unit 1
    Luxury apartments
    Top units for an elevated lifestyle.
  • 2115 Pacifica Avenue Unit D11

    $1,295
    2115 Pacifica Avenue, Panama City, FL 32405

    1 unit available
    1 bed
  • 4800 N Star Ave Unit C31

    $1,410
    4800 North Star Avenue, Panama City, FL 32404

    1 unit available
    1 bed
  • 2870 Harrison Ave Unit D33

    $1,770
    2870 Harrison Avenue, Panama City, FL 32405

    1 unit available
    3 bed
  • Waterstone at Jenks

    $1,499
    3502 Jenks Avenue, Panama City, FL 32405

    1 unit available
    1 bed
  • 3101 State Ave

    $2,000
    3101 State Avenue, Panama City, FL 32405
    (850) 775-1904

    1 unit available
    3 bed
    Amenities

    Pet friendly

  • 108 Gray Ave Unit A

    $1,325
    108 Gray Avenue, Panama City, FL 32401
    (850) 769-5775

    1 unit available
    2 bed
    Amenities

    Dishwasher, Range, Oven, and Refrigerator

Top neighborhoods in Panama City

Bunkers Cove
Bunkers Cove
What it’s like to live in Bunkers Cove
Waterfront living defines Bunkers Cove, where rental homes along St. Andrews Bay offer direct water access and spectacular sunset views. The neighborhood's lush vegetation creates natural beauty and privacy between properties developed when Panama City land values permitted more generous waterfront lot sizes. Most properties include docks or water frontage creating genuine Florida lifestyle beyond typical beach proximity. Though rental rates reflect the premium waterfront positioning, the combination of bay access and proximity to downtown Panama City creates value beyond basic housing considerations for those seeking maritime activities without tourist district congestion.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
Neighborhoods

More Rental Options

Find an apartment for rent in Panama City, FL

Searching for an apartment for rent in Panama City, FL? Look no further! Apartment List will help you find a perfect apartment near you. There are 67 available rental units listed on Apartment List in Panama City. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The average rent in Panama City is Ask for a studio, $1,398 for a one-bedroom apartment, and $1,555 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Panama City apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust Apartment List to help you find your next Panama City, FL apartment rental! After all, everyone deserves a home they love.

Frequently Asked Questions

Panama City Rent Report: October 2025

Welcome to the Apartment List October 2025 Rent Report for Panama City, FL. Currently, the overall median rent in the city stands at $1,284, after falling 1.3% last month. Prices are now down 4.4% 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.

Living in 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
Sources:
  • School data: GreatSchools
  • Crime data: CrimeIndex (U.S.) provided by Precisely used data sourced from Precisely, the Federal Bureau of Investigation (FBI), and various law enforcement agencies. These organizations do not accept responsibility for the accuracy or completeness of the data used in this product.