Median Age
48 Years
Largest Age Group
60-69 Years
Approximately 16% of Residents
Under 20
18%
Over 65
25%
Panama City Beach, FL
Area Guide
Avg Rent
$1,491
Population
32,265
Renter Mix
38% Rent
Panama City Beach is known worldwide for its fabulous beaches
Coastal
•
Shopping
•
Tourism
Welcome to Panama City Beach, where pristine beaches meet the emerald waters of Florida's Gulf Coast. This coastal community offers a range of rental options from beachfront condominiums to single-family homes. Current rental data shows one-bedroom apartments averaging $1,409, while two-bedroom units typically rent for $1,663. Notable areas include the Pier Park district, home to shopping and entertainment venues, and the neighborhood surrounding Frank Brown Park, which features baseball fields, tennis courts, and a fishing pond across its 100-acre expanse.
Panama City Beach centers around its 9-mile shoreline, where residents enjoy swimming, surfing, and sunbathing throughout the year. St. Andrews State Park provides opportunities for hiking, bird watching, and fishing. The area's distinctive white sand, created from pure quartz crystals, sets these shores apart from other beach destinations. The community is served by Gulf Coast State College and Florida State University's Panama City campus. Annual events include the Gulf Coast Jam music festival at Frank Brown Park. With approximately 18,000 year-round residents, Panama City Beach offers coastal living with essential amenities and services.
Explore the City
The white sand beaches of Panama City Beach attract people from all over the world.
Local retail shops can be found in Barnett Square.
Many shops along Peddlers Pavilion offer beachwear and surf attire.
Residents can enjoy biking and walking on the Timpoochee Trail.
A gorgeous sunset over the beach.
Demographics
Median Household Income
$67,030
Average: $88,653
Education
9,976
Residents Have a Degree
Job Market
16,318
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Panama City Beach has more homeowners than renters.
Renters
38%
Non-Renters
62%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
22%
Other Education
78%
Rent Trends
As of July 2026, the average apartment rent in Panama City Beach, FL is $1,142 for a studio, $1,491 for one bedroom, $1,753 for two bedrooms, and $2,121 for three bedrooms. Apartment rent in Panama City Beach has increased by 2.4% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,491/month
784 Sq Ft
House
$2,777/month
1,550 Sq Ft
Condo
$1,929/month
966 Sq Ft
Townhome
$1,988/month
1,256 Sq Ft
Learn More About Panama City Beach
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Panama City Beach, FL is for everyday living.
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Scores provided by
Schools
Public
Grades K-5
548 Students
Public
Grades PK-8
1,093 Students
Public
Grades PK-12
705 Students
Public
Grades PK-5
349 Students
Public
Grades PK-8
500 Students
Public
Grades PK-8
1,093 Students
Public
Grades 6-8
705 Students
Public
Grades PK-12
705 Students
Public
Grades PK-8
500 Students
Public
Grades PK-12
705 Students
Public
Grades 9-12
1,596 Students
Public
Grades 9-12
1,596 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Pine Log State Forest
Airports
- Northwest Florida Beaches International
Top Apartments in Panama City Beach
Houses for Rent in Panama City Beach
Search Nearby Rentals
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Nearby Neighborhood Rentals
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.