2 Bedroom Apartments for Rent in Panama City, FL (143 Rentals)

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property at 6321 Lenawee St

6321 Lenawee St

Panama CityFL32404
property at 2205 Walosi Way

2205 Walosi Way

Panama CityFL32408
property at 1325 W 12th St

1325 W 12th St

Panama CityFL32401
property at 6218 Hilltop Ave

6218 Hilltop Ave

Panama CityFL32408
property at 809 Cherry St

809 Cherry St

Panama CityFL32401
property at 1616 Gainer Ave

1616 Gainer Ave

Panama CityFL32405
property at 3914 E 11th St

3914 E 11th St

Panama CityFL32404
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Parkway Apartments
2 Bedroom Apartments

Parkway Apartments

5707 Lake DrPanama City, FL 32404
  • Utilities Included
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Panama Commons
2 Bedroom Apartments

Panama Commons

1001 Sherman AvePanama City, FL 32401
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The Arbors @ 15th
2 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
  • Utilities Included
Showing Results 1-50, Page 1 of 3

Panama City, FL Local Guide

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

Panama City 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: April 10, 2025

There are currently 102 available 2 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $1,100 to $2,137. Heres is today's list of the top neighborhoods in Panama City with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Pretty Bayou38$1,600$1,100
SweetBay37$1,600$1,165
Downtown Panama City25$1,689$1,285
St Andrews2$1,500$1,400

Largest Available Panama City 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Panama City, FL is found at Arbor Landing Mill Bayou and is 1,560 square feet priced from $1,935. Arbor Crossing at Mill Bayou has the second largest 2 Bedroom, which is sized at 1,560 square feet and currently listed start at $1,909. Here is today’s list of the largest available 2 Bedroom units in Panama City:

Apartment ListingModel NameSquare FootagePriced From
Arbor Landing Mill BayouThe Twinflower Upper1,560 Sq Ft$1,935
Arbor Crossing at Mill BayouThe Cardinal Flower Upper1,560 Sq Ft$1,909
Arbor Trace Apartment HomesLaurel Oak1,446 Sq Ft$1,575
Covey Homes Grand LagoonCoconut1,419 Sq Ft$1,850
Emerald ParkD Flat1,299 Sq Ft$1,750
The Reserve at Northshore2 Bedroom B-11,294 Sq Ft$1,460
Waterstone at JenksThe Emerald1,269 Sq Ft$1,499
The EnclaveBlue Heron1,219 Sq Ft$1,625

Cheapest Available Panama City 2 Bedroom Apartments

As of April 10, 2025 the lowest priced 2 Bedroom apartment unit in Panama City, FL is the B1 Model starting from $949 at Bayside Villas . The second most affordable Panama City 2 Bedroom is the Delwood Model at The Arbors @ 15th starting at $1,094 in the Downtown Panama City neighborhood. The average price for all 2 Bedroom apartments in Panama City is currently $1,617. Here is today’s list of the cheapest available 2 Bedroom options in Panama City:

Apartment ListingModel NamePriced From
Bayside VillasB1$949
The Arbors @ 15thDelwood$1,094
Aztec Villa ApartmentsTwo Bedroom$1,165
Westshore PalmsB1$1,225
Turtle LakeB2$1,266
Tyndall Pointe Luxury Townhomes2 Bed 2.5 Bath Unit$1,295
The Reserve at Northshore2 Bedroom B$1,420
Bay Front Apartments2 Bed, 1 Bath (Reno)$1,450
The Place at Grand LagoonB1$1,462
Westwood VillageB1$1,475

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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.

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.

Best Local Schools in
Panama City, FL

School data provided by Great Schools

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

Explore Panama City, FL Rentals by Map

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

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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

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.

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 2 Bedroom Panama City Apartments

    How much is the average rent for a 2 Bedroom Panama City Apartment?

    The average rent for a 2 Bedroom Apartment in Panama City is $1,617.

    What is the largest available 2 Bedroom Panama City Apartment for rent?

    Today's apartment with the most square footage in Panama City is a 1,560 square feet unit starting from $1,935 at Arbor Landing Mill Bayou.

    What is the average size for Panama City 2 Bedroom Apartments for rent?

    The average size for a 2 Bedroom rental in Panama City is currently 1,005 sq ft.

    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 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.

    decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

    How Your Move-In Inspection Can Protect Your Security Deposit

    Written by: Christine Leonard, Esq.

    If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.