1538 Mulberry Ave
Panama CityFL32405
Cheap Homes for Rent in Downtown Panama City Neighborhood of Panama City, FL from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Panama City area of Panama City.
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Downtown Panama City, 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 a home in Downtown Panama City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Panama City 2 Bedroom Homes for Rent | $1,525 | $1,100 | $1,950 |
| Downtown Panama City 3 Bedroom Homes for Rent | $1,550 | $1,250 | $2,000 |
| Downtown Panama City 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Downtown Panama City 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Panama City Neighborhood of Panama City, FL.
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Downtown Panama City, Panama City, FL Local Guide
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Best Value Apartments for Rent in Downtown Panama City, FL
As of April 11, 2025 the best value apartment in the Downtown Panama City area is the $1.34 price per square foot Herring Gull Model at The Enclave in the in the Downtown Panama City neighborhood starting from $1,600. The second greatest value Downtown Panama City apartment is the The Hummingbird Model at Eagles Landing Luxury Apartment Homes starting at $1,359 with a $1.47 price per square foot in the Downtown Panama City neighborhood. Here is today’s list of the best values for Downtown Panama City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Enclave | Herring Gull | 2BR,2BA | $1.34 |
| Eagles Landing Luxury Apartment Homes | The Hummingbird | 1BR,1BA | $1.47 |
| Stanford Pointe | 1bd/1ba Phase II | 1BR,1BA | $1.66 |
| The Kelly at 23rd Luxury Apartments | A1S | 1BR,1BA | $2.06 |
| The Lory of Panama City | The Spring | 1BR,1BA | $1.86 |
| The Residences At SweetBay | A1- The Bay Breeze | 1BR,1BA | $2.31 |
| Northgate Terrace I | The Hampton | 1BR,1BA | $1.69 |
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Frequently Asked Questions about Downtown Panama City
What type of rentals are currently available in Downtown Panama City?
There are currently 43 Apartments for Rent in Downtown Panama City, FL with pricing that ranges from $905 to $2,673. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Panama City ranging from $1,100 to $2,750.
What is the current price range for Rental Homes in Downtown Panama City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Panama City ranges from $1,100 to $2,750 with an average monthly rent of $2,006.
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.
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.
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.
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.