Cheap Apartments for Rent in Panama City Beach, FL from $700 (32 Rentals)

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Cheap Apartments in Panama City Beach.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 20314 1st Ave

20314 1st Ave

Panama City BeachFL32413

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Emerald Bay Apartments
Studio Apartments

Emerald Bay Apartments

644 W Caladium CirPanama City Beach, FL 32413
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9860 S Thomas Dr
1 to 3 Bedroom Apartments

9860 S Thomas Dr

9860 S Thomas DrPanama City Beach, FL 32408
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2602 Willow Oak Ct
Studio to 1 Bedroom Apartments

2602 Willow Oak Ct

2602 Willow Oak CtPanama City Beach, FL 32408
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Parkside at the Beach
1 to 3 Bedroom Apartments

Parkside at the Beach

17225 Panama City Beach PkyPanama City Beach, FL 32413
property at 3604 Betsy Ln

3604 Betsy Ln

Panama CityFL32408
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3519 E 1st Ct
1 to 4 Bedroom Apartments

3519 E 1st Ct

3519 E 1st CtPanama City, FL 32401
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Sand Dunes Apartments
1 to 3 Bedroom Apartments

Sand Dunes Apartments

8011 Front Beach RdPanama City, FL 32407
  • Utilities Included
Showing Results 1-32, Page 1 of 1

Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 05/05/2025

Current apartment rentals in the Panama City Beach, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Panama City Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Palmetto Trace$3,392$1,20016

Cheapest Available Panama City Beach Apartments for Rent

 

The cheapest available apartment rental in Panama City Beach, FL is a 3 Beds unit found at Stone Harbor Apartments priced from $1,038. Cottages by the Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Panama City Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone Harbor ApartmentsThree Bedroom Two Bath3BR,2BA$1,038
Cottages by the Bay1 Bed/1 Bath1BR,1BA$1,050
8800 Front Beach RdStudio AptStudio,1BA$1,100
The Place at Grand LagoonA11BR,1BA$1,218
Emerald ParkType 11BR,1BA$1,300
10X Panama City BeachA2e1BR,1BA$1,326
Watermark at Urban BluSeashell1BR,1BA$1,349
10X Retreat at PCBA11BR,1BA$1,358
Edgewater CrossingsCONGRESSIONAL1BR,1BA$1,374

Best Value Apartments for Rent in Panama City Beach, FL

As of May 06, 2025 the best value apartment in the Panama City Beach area is the $1.41 price per square foot Mint Model at Covey Homes Grand Lagoon in the starting from $1,999. The second greatest value Panama City Beach apartment is the Warm & Attractive Model at Pier Park Crossings starting at $1,858 with a $1.63 price per square foot in the Palmetto Trace neighborhood. Here is today’s list of the best values for Panama City Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Covey Homes Grand LagoonMint3BR,2.5BA$1.41
Pier Park CrossingsWarm & Attractive2BR,2BA$1.63
10X Breakfast PointB12BR,2BA$1.52
Stone Harbor ApartmentsTwo Bedroom Two Bath2BR,2BA$1.04
White SandsThe Cabana1BR,1BA$1.43
Edgewater CrossingsCONGRESSIONAL1BR,1BA$1.46
Sea SoundSunset 21BR,1BA$1.76
107 Lakeside Cir, Unit B107 Lakeside Cir2BR,1BA$1.47
10X Retreat at PCBA11BR,1BA$1.74
The Place at Grand LagoonA11BR,1BA$1.56

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Best Local Schools in
Panama City Beach, FL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Panama City Beach, FL Rentals by Map

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See the most popular apartments and homes in Panama City Beach, FL

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Getting Around Panama City Beach, FL

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Panama City Beach Apartments

What is the Cheapest Studio apartment in Panama City Beach?

Currently the most affordable Cheap Studio Apartment in Panama City Beach is at 8800 Front Beach Rd listed at $1,100.

How much is rent for a Cheap One Bedroom Panama City Beach Apartment?

The lowest price for a Cheap One Bedroom Panama City Beach Apartment is $1,050 at Cottages by the Bay.

What is the lowest price for a Cheap Two Bedroom Panama City Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Panama City Beach is starting from $1,118 at Stone Harbor Apartments.

What is the most affordable Panama City Beach Three Bedroom Apartment?

The best deal on a cheap Panama City Beach Three Bedroom Apartment rental is at Stone Harbor Apartments and starts from $1,038.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.