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Arbor Crossing at Mill Bayou
198 Mill Bayou BlvdPanama City, FL 32404
3 Bedroom Apartments for Rent in Panama City, FL (74 Rentals)
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from $1,4103 Bedroom Apartments Available Now
Arbor Landing Mill Bayou
4201 SR 390Panama City, FL 32404
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from $1,2733 Bedroom Apartments Available Now
Exchange at North Bay
3625 Frankford AvePanama City, FL 32405
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from $1,3993 Bedroom Apartments Available Now
Waterstone at Jenks
3502 N Jenks AvePanama City, FL 32405
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from $1,3593 Bedroom Apartments Available Now
Eagles Landing Luxury Apartment Homes
2870 Harrison AvePanama City, FL 32405
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from $1,4203 Bedroom Apartments Contact Us For Availability
The Enclave
2950 Harrison AvePanama City, FL 32405
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The Lory of Panama City
2121 Harrison AvePanama City, FL 32405
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from $1,3813 Bedroom Apartments Available Now
The Kelly at 23rd Luxury Apartments
2002 Wilson AvePanama City, FL 32405
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from $1,5343 Bedroom Apartments Available Now
The Residences At SweetBay
3100 Sweetbay AvePanama City, FL 32405
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from $2,3553 Bedroom Apartments Available Now
Sunset Village
5284 Emma Grace DrPanama City, FL 32404
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from $1,1843 Bedroom Apartments Available Now
North Bay Landings
4800 N Star AvePanama City, FL 32404
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from $1,2683 Bedroom Apartments Available Now
MAA Emerald Coast
98 Richard Jackson BlvdPanama City, FL 32407
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from $1,6903 Bedroom Apartments Available Now
Ava Kay Townhomes
263 Nelle AvePanama City, FL 32404
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from $1,0853 Bedroom Apartments Contact Us For Availability
Aztec Villa Apartments
3913 Pisa DrPanama City, FL 32405
612 Helen Ave
Panama CityFL32401
5117 Douglas St
Panama CityFL32404
1632 Gainer Ave
Panama CityFL32405
351 College Ave
Panama CityFL32401
5313 Seneca Ln
Panama CityFL32404
6475 Oak Shr Dr
Panama CityFL32404
1719 Jakes Dr
Panama CityFL32405
3702 Burnham Way
Panama CityFL32405
4109-4111 W 22nd St
Panama CityFL32405
7225 Quail Hollow Dr
Panama CityFL32408
5817 Bay Pl
Panama CityFL32404
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Panama City, FL Local Guide
Bunkers Cove by Flickr User: aggie85 is licensed under CC BY 2.0
How much does it cost to rent an apartment in Panama City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panama City Studio Apartments | $934 | $905 | $979 |
| Panama City 1 Bedroom Apartments | $1,384 | $850 | $1,829 |
| Panama City 2 Bedroom Apartments | $1,636 | $1,050 | $2,300 |
Panama City 3 Bedroom Apartments | $1,989 | $1,125 | $2,950 |
| Panama City 4 Bedroom Apartments | $2,276 | $1,195 | $2,500 |
Browse Top Apartments in Panama City
See all Apartments in Panama CityExplore Panama City
Panama City, FL Local Guide
Written By:
Justin HabersaatEditing Staff
- Panama City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Panama City 3 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: March 28, 2025There are currently 58 available 3 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $1,375 to $2,631. Heres is today's list of the top neighborhoods in Panama City with the most available 3 Bedroom apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Pretty Bayou | 24 | $1,799 | $1,375 |
| SweetBay | 23 | $1,950 | $1,430 |
| Downtown Panama City | 10 | $2,045 | $1,706 |
| St Andrews | 1 | $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 $2,355. Here is today’s list of the largest available 3 Bedroom units in Panama City:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Arbor Trace Apartment Homes | River Birch | 1,671 Sq Ft | $1,775 |
| Sunset Village | Aria | 1,641 Sq Ft | $2,355 |
| 7281 Ellie B Dr | 7281 Ellie B Dr | 1,641 Sq Ft | $2,129 |
| Arbor Crossing at Mill Bayou | The Pond Cypress Upper | 1,610 Sq Ft | $2,110 |
| Arbor Landing Mill Bayou | The Bald Cypress Upper | 1,610 Sq Ft | $2,070 |
| Eagles Landing Luxury Apartment Homes | The Eagles Nest | 1,538 Sq Ft | $1,770 |
Cheapest Available Panama City 3 Bedroom Apartments
As of March 28, 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 $1,989. Here is today’s list of the cheapest available 3 Bedroom options in Panama City:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Turtle Lake | C1 | $1,556 |
| Westshore Palms | C1 | $1,599 |
| The Place at Grand Lagoon | C1 | $1,621 |
| Ava Kay Townhomes | TOWNHOME 1 | $1,690 |
| Arbor Trace Apartment Homes | Sweet Magnolia | $1,710 |
| Eagles Landing Luxury Apartment Homes | The Eagles Nest | $1,770 |
| Arbor Landing Mill Bayou | The Royal Fern | $1,775 |
| Waterstone at Jenks | The Onyx | $1,799 |
| The Lory of Panama City | The Club | $1,800 |
| MAA Emerald Coast | The Watersound | $1,823 |
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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
See the most popular apartments and homes in Panama City, FL
Panama City, FL Apartments MapPanama City, FL Rental Homes MapGetting 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.
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 $1,989.
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 1,470 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.
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.
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.
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.
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.