Cheap Homes for Rent in Panama City Beach, FL from $900 (40 Rentals)

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Cheap Homes in Panama City Beach.

property at 8730 Thomas Dr

8730 Thomas Dr

Panama City BeachFL32408

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 7813 N Lagoon Dr

7813 N Lagoon Dr

Panama City BeachFL32408

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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property at 609 Cape Cod Dr

609 Cape Cod Dr

Panama City BeachFL32407
property at 7813 N Lagoon Dr

7813 N Lagoon Dr

Panama City BeachFL32408
property at 4300 Bay Point Rd

4300 Bay Point Rd

Panama City BeachFL32408
Showing Results 1-40, Page 1 of 1

Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 05/01/2025

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$2,350$1,20021

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
10X Breakfast PointA11BR,1BA$1,249
Emerald ParkType 11BR,1BA$1,300
Edgewater CrossingsCONGRESSIONAL1BR,1BA$1,325
10X Panama City BeachA2e1BR,1BA$1,326
Watermark at Urban BluSeashell1BR,1BA$1,349

Best Value Apartments for Rent in Panama City Beach, FL

As of May 02, 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 $1,859 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$1.53
Stone Harbor ApartmentsTwo Bedroom Two Bath2BR,2BA$1.04
White SandsThe Cabana1BR,1BA$1.44
Edgewater CrossingsCONGRESSIONAL1BR,1BA$1.41
Sea SoundSunset 21BR,1BA$1.76
107 Lakeside Cir, Unit B107 Lakeside Cir2BR,1BA$1.47
The Place at Grand LagoonA11BR,1BA$1.57
10X Retreat at PCBA11BR,1BA$1.74

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Frequently Asked Questions about Panama City Beach

What type of rentals are currently available in Panama City Beach?

There are currently 158 Apartments for Rent in Panama City Beach, FL with pricing that ranges from $750 to $6,700. There are also 168 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama City Beach ranging from $975 to $17,500.

What is the current price range for Rental Homes in Panama City Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Panama City Beach ranges from $975 to $17,500 with an average monthly rent of $4,687.

How much are larger Three and Four Bedroom Rentals in Panama City Beach?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Panama City Beach range from $1,593 to $6,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,425.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.