
Cheap Homes for Rent in Panama City, FL from $800 (47 Rentals)
Search the lowest-cost Homes available for rent right now in Panama City.


5013 Hagin Dr

7541 Coleridge Rd

1101 Frankford Ave

2719 E 8th St

600 N Bob Little Rd

2814 N Panama Ave

3919 E 10th St

3914 E 11th St

5138 Lance St

4004 E 11th St

1303 Connecticut Ave

179 Reagan Rd

3610 Tiki Dr

4512 Carla Ln

125 Kapalua Dr

127 Kapalua Dr

102 Sims Ave

149 N Hwy 22 A

811 New York Ave

6204 Pinetree Ave

2918 Sequoia Ave

2417 Allison Ave

2716 Banyan St

1410 New York Ave

1412 New York Ave

5505 Sun Harbor Rd, Unit 145 Sun Harbour

2706 E 17th St

1637 N James Ave

807 E 10th St

5505 Sun Harbor Rd

6441 Oak Shr Dr

4314 Catherine St

132 Cheri Ln

4338 Brannon Rd

507 S Highline Dr

742 N 9th St

1204 Drake Ave

1219 Thomas Dr

3912 W 25th St

905 Ruby Pl

147 Cheri Ln

319 S Berthe Ave

543 N 9th St

3113 E 5th St

919 Green Tree Rd

3923 Molina Rd
Panama City, FL Local Guide

How much does it cost to rent a home in Panama City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Panama City 2 Bedroom Homes for Rent | $1,568 | $895 | $2,755 |
Panama City 3 Bedroom Homes for Rent | $2,094 | $1,300 | $4,200 |
Panama City 4 Bedroom Homes for Rent | $2,581 | $1,800 | $4,000 |
Panama City 5 Bedroom Homes for Rent | $2,649 | $2,300 | $2,900 |
Browse Top Homes for Rent in Panama City
Explore Panama City
Panama City, FL Local Guide
- Panama City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Panama City, FL
Pricing Updated: 03/23/2025Current apartment rentals in the Panama City, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Panama City Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
St Andrews | $1,600 | $850 | 17 |
Pretty Bayou | $1,799 | $1,047 | 2391 |
SweetBay | $1,950 | $905 | 2416 |
Downtown Panama City | $2,057 | $905 | 1310 |
Cheapest Available Panama City Apartments for Rent
 The cheapest available apartment rental in Panama City, FL is a 2 Beds unit found at Bayside Villas priced from $949. Northgate Terrace I in the Downtown Panama City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here is today’s list of the most affordable Panama City apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bayside Villas | B1 | 2BR,1BA | $949 |
Northgate Terrace I | The Hampton | 1BR,1BA | $1,015 |
Turtle Lake | A1 | 1BR,1BA | $1,047 |
Aztec Villa Apartments | One Bedroom | 1BR,1BA | $1,085 |
Westshore Palms | A1 | 1BR,1BA | $1,099 |
10X Panama City Beach | A1 | 1BR,1BA | $1,145 |
North Bay Landings | One Bedroom | 1BR,1BA | $1,184 |
Spyglass Apartments | 1 bedroom | 1BR,1BA | $1,195 |
Tyndall Pointe Luxury Townhomes | 1 Bed 1 Bath Unit | 1BR,1BA | $1,195 |
Westwood Village | A1 | 1BR,1BA | $1,230 |
Best Value Apartments for Rent in Panama City, FL
As of March 23, 2025 the best value apartment in the Panama City area is the $0.97 price per square foot 4711 Rosemary St Model at 4711 Rosemary St in the starting from $2,699. The second greatest value Panama City apartment is the 7281 Ellie B Dr Model at 7281 Ellie B Dr starting at $2,129 with a $1.30 price per square foot . Here is today’s list of the best values for Panama City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4711 Rosemary St | 4711 Rosemary St | 4BR,3BA | $0.97 |
7281 Ellie B Dr | 7281 Ellie B Dr | 3BR,2BA | $1.30 |
Sunset Village | Aria | 3BR,2BA | $1.40 |
Parkview at Lynn Haven | Palm B | 3BR,2.5BA | $1.34 |
Covey Homes Grand Lagoon | Mint | 3BR,2.5BA | $1.41 |
Ava Kay Townhomes | TOWNHOME 1 | 3BR,2BA | $1.31 |
Westshore Palms | C1 | 3BR,2BA | $1.39 |
Arbor Trace Apartment Homes | Tupelo | 1BR,1BA | $1.31 |
MAA Emerald Coast | The Laguna | 1BR,1BA | $1.38 |
Aztec Villa Apartments | One Bedroom | 1BR,1BA | $1.37 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Panama City
What type of rentals are currently available in Panama City?
There are currently 305 Apartments for Rent in Panama City, FL with pricing that ranges from $850 to $3,250. There are also 221 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama City ranging from $815 to $4,200.
What is the current price range for Rental Homes in Panama City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Panama City ranges from $815 to $4,200 with an average monthly rent of $2,041.
How much are larger Three and Four Bedroom Rentals in Panama City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Panama City range from $1,125 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,195.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.