Panama City, FL rental market
What is the average rent in Panama City, FL?
Last updated June 28, 2026
Rental market summary
The average rent for all bedrooms and all property types in Panama City, FL is $1,895.
Average rent
$1,895
Month-over-month change
+$50
Year-over-year change
-$5
Available rentals
210
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $900 to $5,136.
| Rent price | Number of rental properties |
|---|---|
| $800 | 3 |
| $900 | 6 |
| $1,000 | 8 |
| $1,100 | 17 |
| $1,200 | 20 |
| $1,300 | 21 |
| $1,400 | 11 |
| $1,500 | 12 |
| $1,600 | 14 |
| $1,700 | 15 |
| $1,800 | 18 |
| $1,900 | 16 |
| $2,000 | 11 |
| $2,100 | 20 |
| $2,200 | 27 |
| $2,300 | 26 |
| $2,400 | 19 |
| $2,500 | 11 |
| $2,600 | 4 |
| $2,700 | 5 |
| $2,800 | 2 |
| $2,900 | 1 |
| $3,000 | 2 |
| $3,100 | 4 |
| $3,200 | 5 |
| $3,300 | 1 |
| $3,400 | 1 |
| $3,500 | 1 |
| $3,900 | 1 |
| $4,000 | 1 |
| $5,000+ | 2 |
Average rent price over time
In the last year, rent has decreased by $5 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,800 | $1,700 |
| Feb | $1,800 | $1,700 |
| Mar | $1,703 | $1,790 |
| Apr | $1,695 | $1,800 |
| May | $1,750 | $1,850 |
| Jun | $1,750 | $1,800 |
| Jul | $1,900 | No data |
| Aug | $2,000 | No data |
| Sep | $1,900 | No data |
| Oct | $1,850 | No data |
| Nov | $1,800 | No data |
| Dec | $1,800 | No data |
Market temperature
The Panama City, FL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Panama City, FL is 6% lower than the national average.
$1,895
$2,021
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Frequently asked questions
1. What is the average rent in Panama City, FL?
2. What is the average rent for a one-bedroom apartment in Panama City, FL?
3. What is the average rent for a two-bedroom apartment in Panama City, FL?
4. What is the average rent for a three-bedroom apartment in Panama City, FL?
5. What is the average rent for a four-bedroom apartment in Panama City, FL?
6. How much does it cost to rent a house in Panama City, FL?
7. How has the rent in Panama City, FL changed in the last year?
8. How much has the rent in Panama City, FL increased/decreased in the last month?
9. How many available rentals are there in Panama City, FL?
10. How do rent prices in Panama City, FL compare with the national average?
Nearby areas
