Exchange at North Bay
3625 Frankford Ave,
Panama City, FL 32405
$1,294 - $3,718
1-3 Beds
Pretty Bayou is a tranquil community brimming with opportunities for water-based recreation. Residents enjoy access to the Grand Lagoon, North Bay, and Intracoastal Waterway, which all present fantastic options for boating, kayaking, canoeing, fishing, and stand-up paddleboarding.
Being predominantly residential, Pretty Bayou offers an array of houses and apartments available for rent, many of which boast waterfront views. Residents are typically drawn to Pretty Bayou for its peaceful atmosphere, natural beauty, and convenient location. The community sits just minutes away from Gulf Coast State College, Panama City Square, and Downtown Panama City, making Pretty Bayou a top choice for many commuters.
As of February 2026, the average apartment rent in Pretty Bayou is $1,344 for one bedroom, $1,579 for two bedrooms, and $1,668 for three bedrooms. Apartment rent in Pretty Bayou has decreased by -2.5% in the past year.
1 BR
709 sq ft
Average Sq Ft
$1,344/month
Average Rent
2 BR
1,035 sq ft
Average Sq Ft
$1,579/month
Average Rent
3 BR
1,323 sq ft
Average Sq Ft
$1,668/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† 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 February 2026.