Cheap Apartments for Rent in Panama City Beach, FL from $700 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Panama City Beach.

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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644 W Caladium Cir
Studio Apartments

644 W Caladium Cir

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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Watermark at Urban Blu
1 to 3 Bedroom Apartments

Watermark at Urban Blu

8551 Panama City Beach PkyPanama City Beach, FL 32407
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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 1-33, Page 1 of 1

Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 04/26/2025

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$2,612$1,20023

Cheapest Available Panama City Beach Apartments for Rent

 

The cheapest available apartment rental in Panama City Beach, FL is a 1 Bed unit found at Cottages by the Bay priced from $1,050. 8800 Front Beach Rd has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Panama City Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages by the Bay1 Bed/1 Bath1BR,1BA$1,050
8800 Front Beach RdStudio AptStudio,1BA$1,100
Stone Harbor ApartmentsTwo Bedroom Two Bath2BR,2BA$1,118
The Place at Grand LagoonA11BR,1BA$1,228
Exchange at the Beach1 Bedroom 120%1BR,1BA$1,255
10X Breakfast PointA11BR,1BA$1,313
Watermark at Urban BluSeashell1BR,1BA$1,339
10X Panama City BeachA2e1BR,1BA$1,347
10X Retreat at PCBA11BR,1BA$1,353

Best Value Apartments for Rent in Panama City Beach, FL

As of April 26, 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 MONTEREY Model at Edgewater Crossings starting at $1,675 with a $1.46 price per square foot . 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
Edgewater CrossingsMONTEREY2BR,2BA$1.46
Pier Park CrossingsWarm & Attractive2BR,2BA$1.60
Stone Harbor ApartmentsTwo Bedroom Two Bath2BR,2BA$1.04
White SandsThe Cabana1BR,1BA$1.51
Sea SoundSunset 21BR,1BA$1.77
107 Lakeside Cir, Unit B107 Lakeside Cir2BR,1BA$1.47
10X Breakfast PointA11BR,1BA$1.61
The Place at Grand LagoonA11BR,1BA$1.57
10X Retreat at PCBA11BR,1BA$1.73

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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 The Place at Grand Lagoon and starts from $1,593.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.