Perla
2195 Wilkinson St,
Panama City Beach, FL 32408
$1,395 - $2,399
1-3 Beds
Rental Market Trends in Panama City Beach, FL
What is the average rent in Panama City Beach, FL?
$1,421/month
Average Rent
787 Sq Ft
Average Apartment Size
-2.8%
Decrease in the Last Year
As of October 2025, the average rent in Panama City Beach, FL is $1,421 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Panama City Beach rent prices are 13% lower than the national average. When you rent an apartment in Panama City Beach, you can expect to pay about $1,089 per month for a studio, $1,421 for a one-bedroom apartment, and around $1,718 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,089 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Panama City Beach, FL?
In the past year, rent has decreased by 2.8%, which averages out to $40 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024
2025
Rent Ranges in Panama City Beach, FL
Last Updated October 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
41%
$1,001 - $1,500/month
52%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Panama City Beach?
Based on current rent prices, North Lagoon Heights and Carillon Beach" are the most affordable neighborhoods in Panama City Beach.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Panama City Beach?
Based on current rent prices, Carillon Beach and North Lagoon Heights" are the most expensive neighborhoods in Panama City Beach.
Neighborhood
Average Rent
Average Sq Ft
Which Panama City Beach neighborhoods have the most rentals available?
The neighborhoods in Panama City Beach with the most apartments available are Carillon Beach and North Lagoon Heights" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Panama City Beach, FL?
Because the average rent in Panama City Beach is $1,421, you’ll want to make about $4,736 per month or $56,832 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Panama City Beach, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Panama City Beach, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Panama City Beach we think you'll love
Property Management Companies in Panama City Beach, FL
RPM
-
621
Communities
-
167,712
Units
-
246
Cities
5 Communities in Panama City Beach
RAM Partners
-
287
Communities
-
76,669
Units
-
167
Cities
2 Communities in Panama City Beach
Two Coast Living
-
92
Communities
-
28,010
Units
-
79
Cities
2 Communities in Panama City Beach
Bryten Real Estate Partners
-
114
Communities
-
27,602
Units
-
68
Cities
2 Communities in Panama City Beach
Greystar
-
3,437
Communities
-
948,731
Units
-
872
Cities
1 Community in Panama City Beach
Hawthorne Residential Partners
-
261
Communities
-
62,383
Units
-
119
Cities
1 Community in Panama City Beach
MAA
-
289
Communities
-
100,711
Units
-
115
Cities
1 Community in Panama City Beach
Hunt Companies
-
63
Communities
-
9,475
Units
-
48
Cities
1 Community in Panama City Beach
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 September 2025.
* Percentages may not total 100 due to rounding.