3 Bedroom Apartments for Rent in Panama City, FL (76 Rentals)

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property at 5415 Nicole Blvd

5415 Nicole Blvd

Panama CityFL32404
property at 5117 Douglas St

5117 Douglas St

Panama CityFL32404
property at 1632 Gainer Ave

1632 Gainer Ave

Panama CityFL32405
property at 5313 Seneca Ln

5313 Seneca Ln

Panama CityFL32404
property at 3702 Burnham Way

3702 Burnham Way

Panama CityFL32405
property at 5817 Bay Pl

5817 Bay Pl

Panama CityFL32404
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Panama Commons
3 Bedroom Apartments

Panama Commons

1001 Sherman AvePanama City, FL 32401
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3519 E 1st Ct
3 Bedroom Apartments

3519 E 1st Ct

3519 E 1st CtPanama City, FL 32401
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The Arbors @ 15th
3 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
  • Utilities Included
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Tyndall AFB Homes
3 Bedroom Apartments

Tyndall AFB Homes

4700 Sentry LnPanama City, FL 32403
Military
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Westshore Palms
3 Bedroom Apartments

Westshore Palms

4141 E 15th StPanama City, FL 32404
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Sand Dunes Apartments
3 Bedroom Apartments

Sand Dunes Apartments

8011 Front Beach RdPanama City, FL 32407
  • Utilities Included
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Edgewood Apartments
3 Bedroom Apartments

Edgewood Apartments

3325 W 23rd StPanama City, FL 32405
  • Utilities Included
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Fletcher Black
3 Bedroom Apartments

Fletcher Black

875 W 11th StPanama City, FL 32401
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260 Ryder Ln
3 Bedroom Apartments

260 Ryder Ln

260 Ryder LnPanama City, FL 32404
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1006 McKenzie Ave
3 Bedroom Apartments

1006 McKenzie Ave

1006 McKenzie AvePanama City, FL 32401
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Hilltop Pointe
3 Bedroom Apartments

Hilltop Pointe

4514 Hilltop LnPanama City, FL 32405
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814 Oak Ave
3 Bedroom Apartments

814 Oak Ave

814 Oak AvePanama City, FL 32401
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Baldwin Rowe
3 Bedroom Apartments

Baldwin Rowe

1300 Baldwin Rowe CirPanama City, FL 32405
  • Utilities Included
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Landmark Condominiums
3 Bedroom Apartments

Landmark Condominiums

2100 W Beach DrPanama City, FL 32401
Furnished
  • Utilities Included

Panama City, FL Local Guide

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

Panama City 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: March 22, 2025

There are currently 1346 available 3 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $1,375 to $2,588. Heres is today's list of the top neighborhoods in Panama City with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
SweetBay565$1,950$1,430
Pretty Bayou551$1,799$1,375
Downtown Panama City226$2,057$1,600
St Andrews4$1,600$1,600

Largest Available Panama City 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Panama City, FL is found at Arbor Trace Apartment Homes in the SweetBay neighborhood and is 1,671 square feet priced from $1,775. Sunset Village has the second largest 3 Bedroom, which is sized at 1,641 square feet and currently listed start at $2,300. Here is today’s list of the largest available 3 Bedroom units in Panama City:

Apartment ListingModel NameSquare FootagePriced From
Arbor Trace Apartment HomesRiver Birch1,671 Sq Ft$1,775
Sunset VillageAria1,641 Sq Ft$2,300
7281 Ellie B Dr7281 Ellie B Dr1,641 Sq Ft$2,149
Arbor Crossing at Mill BayouThe Pond Cypress Upper1,610 Sq Ft$2,110
Arbor Landing Mill BayouThe Bald Cypress Upper1,610 Sq Ft$2,070
Eagles Landing Luxury Apartment HomesThe Eagles Nest1,538 Sq Ft$1,770

Cheapest Available Panama City 3 Bedroom Apartments

As of March 22, 2025 the lowest priced 3 Bedroom apartment unit in Panama City, FL is the C1 Model starting from $1,556 at Turtle Lake in the SweetBay neighborhood. The second most affordable Panama City 3 Bedroom is the C1 Model at Westshore Palms starting at $1,599 . The average price for all 3 Bedroom apartments in Panama City is currently $1,983. Here is today’s list of the cheapest available 3 Bedroom options in Panama City:

Apartment ListingModel NamePriced From
Turtle LakeC1$1,556
Westshore PalmsC1$1,599
The Lory of Panama CityThe Club$1,600
The Place at Grand LagoonC1$1,621
Ava Kay TownhomesTOWNHOME 1$1,690
Arbor Trace Apartment HomesSweet Magnolia$1,710
Stanford Pointe3bd/2ba phase I$1,731
Eagles Landing Luxury Apartment HomesThe Eagles Nest$1,770
Arbor Landing Mill BayouThe Royal Fern$1,775
Waterstone at JenksThe Onyx$1,799

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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.

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

Frequently Asked Questions about 3 Bedroom Panama City Apartments

How much is the average rent for a 3 Bedroom Panama City Apartment?

The average rent for a 3 Bedroom Apartment in Panama City is $1,983.

What is the largest available 3 Bedroom Panama City Apartment for rent?

Today's apartment with the most square footage in Panama City is a 1,671 square feet unit starting from $1,775 at Arbor Trace Apartment Homes.

What is the average size for Panama City 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Panama City is currently 1,545 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.

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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.

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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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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.