Apartments for Rent in Panama City, FL (300 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
property at 3604 Betsy Ln

3604 Betsy Ln

Panama CityFL32408
property at 6321 Lenawee St

6321 Lenawee St

Panama CityFL32404
property at 3025 State Ave

3025 State Ave

Panama CityFL32405
property at 1325 W 12th St

1325 W 12th St

Panama CityFL32401
property at 5517 Palm Way

5517 Palm Way

Panama CityFL32408
property at 6218 Hilltop Ave

6218 Hilltop Ave

Panama CityFL32408
property at 809 Cherry St

809 Cherry St

Panama CityFL32401
property at 3702 Burnham Way

3702 Burnham Way

Panama CityFL32405
property at 1616 Gainer Ave

1616 Gainer Ave

Panama CityFL32405

Panama City, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Panama City Overview

Located snugly between the hubs of Tallahassee and Pensacola, apartments in Panama City are a great way to get to know Florida. Originally going by the clunky name Floriopolis, Panama City has since blossomed into a world-class destination worthy of its new moniker.

What is the history of Panama City?

Incorporated back in the early 1900s, Panama City is rumored to have sprung to life as an interest-generating word associate of the popular Panama Canal. Real estate developers seized on the pitch, often proudly noting that the city lies directly in the line between the popular South American city and Chicago. Panama City also boasts being a close mainland port to the Caribbean entrance of the famed canal.

How is the weather in Panama City?

Considered to be a humid, subtropic climate, those living in Panama City apartments can expect brief, mild winters and lengthy, extended summers marked by warm temps and sometimes sticky conditions. Hurricanes are also an occasional hazard in the area, although by no means a constant threat.

How do I get around town?

The Baytown Trolley serves weekly from 6am to 7pm, and the area Greyhound Bus line offers rides to neighboring cities with ease. The Bay Line Railroad also runs an 80+ mile stretch into Alabama, and the Northwest Florida Beaches International Airport offers flights from such carriers as Delta, United and Southwest. Most residents of Panama City apartments are car owners, although bicycling has become more and more popular.

What is the Panama City commute like?

The traffic in Panama City is about what one would expect from a Florida city of its size, and is generally an easy one for most residents. Occasional construction snarls and accidents may boost the likely-hood of delays, but overall traffic tends to be light. US Highway 98 is the most used east-to-west thoroughfare, while FL-77 runs north to south.

What are the local media outlets?

The News Herald is the primary place for print news in the city, while a number of broadcast affiliates deliver feeds from popular programming on networks like CBS and FOX. Island 106 and Talk WFLA are both popular radio stations, although a multitude of others cater to tastes running from classic rock to easy listening.

Why live in Panama City, FL?

From the gorgeous beaches to the exciting nightlife, Panama City is an idyllic slice of the Sunshine State. With a reasonable cost of living and an on-the-move economic growth rate, this Florida hot spot has been increasing in popularity in recent years with good measure. With a large number of industries including ship building and military calling the area home, Panama City apartments make an easy commute for those in the market for a new career and budding families.

What Panama City landmarks should I see?

Naturally the top landmark in Panama City would be the beach, which sees thousands of beach loving tourists and offers plenty of fun year round. Some other great landmarks to discover around town would be the County Pier, the Panama City 9/11 Memorial and the Southernmost Union Soldier monument.

What is there to do around Panama City?

With the sea right at your door, finding plenty to do in Panama City has never been easier than hitting the beach. Take a deep sea fishing trip, or spend a lazy afternoon with your favorite book among the dunes, with only the ocean as your soundtrack. Culinary fans will find much to celebrate in Panama City as well, with a large number of seafood and steak houses lining the downtown corridor. Live music can be discovered with ease on most weekends in Panama City, and the Panama City Mall near Pier Park is simply a must-visit for those on the hunt for fashionable bargains. Shipwreck Island Water Park is a great way to beat the heat, and while Barnacle Bay is a fantastic place to take the kids for mini-golf and lazy rivers.

Any annual festivals or Panama City events to know?

The Blue Crab Festival draws a large crowd of seafood-hungry revelers every October to Panama City, while the Chili Vibrations Music Festival offers up mellow vibes and a laid back ambiance all its own every fall. The annual Pirate Fest is especially popular with the college crowd, as is the Mardi Gras parades that dominate the downtown area every spring.

Where are the nearby vacation spots?

Florida is called the Sunshine State for good reason, with plenty of neighboring opportunities for fun getaways. Drive to Orlando for the Magic Kingdom and other theme parks, or head north to the wooded scenic beauty of Valdosta, GA, both easy travel distances from many Panama City apartments.

Where is the best place to move in Panama City?

Panama City is divided by geographic location like most major cities of its scope, with a majority of the Downtown strip dedicated to businesses and civic industry, with the beachfront catering to higher end homes and a majority of working class families calling the interior of the city home in some of the many options for apartments in Panama City and the surrounding area. Beach lovers can also find great apartment deals within walking distance of the sand and the sun as well. Regardless of where you end up, one thing is for sure - there's nowhere quite like Panama City!

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

Explore Panama City, FL Rentals by Map

View MapPanama City, FL Apartments MapView MapPanama City, FL Rental Homes Map

Getting Around Panama City, FL

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

12 / 100

Minimal Transit

It may be possible to get on a bus

Panama City, FL Area Reviews

    Estrella

    February 25, 2025

    Yo quiero tengo interés me decían q es más barato q Miami no creo alguien me puede escribir

    Frequently Asked Questions about Panama City

    What is the current price range for One Bedroom Panama City Apartments for rent?

    Today's rental pricing for One Bedroom Apartments in Panama City ranges from $825 to $2,970 with an average monthly rent of $1,385.

    What does renting a Two Bedroom Apartment in Panama City cost?

    The monthly rent prices of Two Bedroom Apartments currently available in Panama City range from $800 to $3,620. Today's average rental price for Two Bedrooms here is $1,624.

    How expensive are Panama City Three Bedroom Apartments?

    There are currently 68 Three Bedroom Apartments listings available in Panama City on ApartmentHomeLiving.com. The pricing ranges from $1,100 to $2,950 - averaging $1,996 for the location.

    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 Know Your Rights - How Discrimination Laws Impact Landlords & Tenants article

    Know Your Rights - How Discrimination Laws Impact Landlords & 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.

    decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

    Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

    Written by: Andrea Lee Negroni, JD

    While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

    decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

    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.