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Luxury Apartments for Rent in Panama City, FL

50 Rentals Available
Luxury Apartments for Rent in Panama City, FL. 50 Rentals Available
  • a living room with couches and a coffee table
    Today

    3100 Sweetbay Avenue, Panama City, FL 32405
    1 BED $1,494+
    2 BEDS $1,813+
    3 BEDS $2,260+
  • a living room with a couch and a table
    Today

    1009 Parkview Drive, Lynn Haven, FL 32444
    3 BEDS $1,950

  • More Rentals Near Panama City, FL

  • a beige house with a driveway and a garage door
    Today

    338 Emerald Cove Street, Panama City Beach, FL 32407
    4 BEDS $2,500
  • a living room with a couch and chairs and a fireplace
    Today

    9700 Panama City Beach Parkway, Panama City Beach, FL 32407
    1 BED $1,290+
    2 BEDS $1,564+
    3 BEDS $2,219+
  • a living room with a couch and a ceiling fan
    Today

    98 Richard Jackson Blvd, Panama City Beach, FL 32407
    1 BED $1,713+
    2 BEDS $1,753+
    3 BEDS $1,863+
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  • a living room with a couch and a table
    Today

    800 Grand Panama Blvd, Panama City Beach, FL 32407
    STUDIO $1,425+
    1 BED $1,650+
    2 BEDS $1,875+
  • a living room with a couch and a table
    Today

    1105 Clara Avenue, Panama City, FL 32407
    STUDIO $1,390
    1 BED $1,399+
    2 BEDS $1,799+
  • a living room with a couch and a ceiling fan
    Today

    90 Sandal Ln, Panama City Beach, FL 32413
    1 BED $1,378+
    2 BEDS $1,557+
    3 BEDS $2,061+
2-6-city
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Panama City, FL rent trends

Rental prices in Panama City, FL have decreased by 0.28% over the past year. The average rent moved from $1,548 to $1,543.

Check out the average rent prices in Panama City by neighborhood.

The average rent in the U.S. is $1,741 per month. The average rent in Panama City, FL is $1,543 per month.

Average rent in Panama City, FL

$1,543/mo Panama City, FL average rental price, January 2026
Image Average Rent

Apartment rentals in Panama City, FL have an average monthly rent of $1,543.

    What's the typical rent budget in Panama City, FL?

    42% of apartments in Panama City, FL cost between $1,501-$2,000. Rentals priced between $2,001-$2,500 represent 8% of apartments. Approximately 44% of Panama City’s apartments are in the $1,001-$1,500 price range. 4% of rental apartments are priced in the ≤ $1000 range. A share of 1% of apartment rentals in Panama City are in the $2,501-$3,000 range.

    The largest share of rentals in Panama City, FL (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Panama City, FL

    5 /100
    Car-Dependent
    26 /100
    Somewhat Bikeable
    Walk Score®: 5, Bike Score®: 26

    Frequently asked questions

    What is the price of a luxury apartment in Panama City, FL?

    The price range for a luxury apartment in Panama City, FL is between $1,494 and $3,752.

    How many luxury rentals are available in Panama City, FL on RentCafe?

    There are 30 luxury rentals available on RentCafe. Prices and availability in Panama City, FL were last updated on 25 Feb 2026.

    What is the average size of a luxury apartment in Panama City, FL?

    The average Panama City, FL luxury apartment size is 1,112 sq. ft.

    What are the advantages of renting a luxury apartment in Panama City, FL?

    Renting a luxury apartment in Panama City, FL comes with many amenities, more space and central locations.

    What are the downsides of renting a luxury apartment in Panama City, FL?

    Luxury apartments tend to be more expensive and have higher utility bills.

    Look for luxury apartments near me

    Looking for a top of the line, luxury apartment near you to move in to? Are you interested in having all new appliances, on site amenities, a gym, a pool, and private parking? Take a look at our high-end listings and search for the apartment that provides all that you need to feel at home using filters for top community and apartment amenities. On RentCafe you can find the luxury apartment you are looking for whether it's near you, in a specific neighborhood or ZIP code, or in the best area in town.

    RentCafe can help you find the best luxury apartment for you by allowing you to compare location, size and price. May it be near where you live now or anywhere in the U.S. that you want to move to, let's help you choose the perfect apartment.

    Renting a luxury apartment in Panama City, FL

    Here at RentCafe we appreciate the finer things in life and know that small things make big differences. So, when it comes to luxury apartments we are doing our utmost to bring you a selection of the best apartments in Panama City, FL and we try to provide solutions for every pocket. Just starting your career and you’re on the lookout for luxury studio apartments to move in alone, close to everything loud and bustling the city has to offer? Or you’re searching for luxury townhomes in quieter areas with playgrounds, where you want to raise a family but still make commuting feel like a breeze? There are 8 properties in Panama City, FL with an average size of 1,194 Sqft, so we’ve got your back whether you are on the search for small or large apartments.

    Choosing between high rise apartments

    We know that in today’s market finding the perfectly furnished, modern home among all the high rise apartments available might seem overwhelming. There are just so many interiors styled differently and so many buildings to choose from. And it’s not just about the interior. You’re shopping for amenities too: a fitness center or a spa, a yoga studio or a pool could all be deal breakers. After weeks of intense searching one apartment complex looks just like the other. That’s why we are providing detailed information including photos, floorplan and a straight to the point list of the amenities offered, so no guesswork is required. We also know that finding cheap luxury apartments sounds impossible, but the average price for listings in Panama City, FL is $2,440 and the lowest monthly rents start at $1,290, so you may be able to find some deals on luxury after all.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!