Rental prices in Panama City, FL have decreased by 2.14% over the past year. The average rent moved from $1,940 to $1,898.
Compared to the average rent in the U.S. of $1,741, the rent in Panama City, FL is $1,898 per month.
Apartments for rent in Panama City, FL have an average price of $1,898 per month.
About 33% of apartments in Panama City, FL have rents ranging between $2,001-$2,500. Around 65% of Panama City’s apartments are in the $1,501-$2,000 price range. 1% of apartments are priced $1,001-$1,500.
The largest share of rentals in Panama City, FL (65%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 19 3 bedroom rentals available on RentCafe. Prices and availability in Panama City, FL were last updated on 27 Feb 2026.
The average Panama City, FL 3 bedroom apartment size is 1,480 sq. ft.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
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