Vintage Lake Powell Apartments
24200 Panama City Beach Pky,
Panama City Beach, FL 32413
1-3 Beds | $1,599 - $3,224
Rental Market Trends in Panama City Beach, FL
Updated July 2026
The average rent in Panama City Beach, FL is $1,490/month.
Rent in Panama City Beach is roughly equal to the national average rent of of $1,663/month.
$1,490/month
Average Rent
784 Sq Ft
Average Size
+2.4%
Change / Year
1,157
Available Apartments
Panama City Beach rent varies by unit size and layout:
- Studio apartments in Panama City Beach average $1,133 per month.
- One-bedroom apartments in Panama City Beach average $1,490 per month.
- Two-bedroom apartments in Panama City Beach average $1,766 per month.
- Three-bedroom apartments in Panama City Beach average $2,164 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Panama City Beach, FL?
In the past year, rent has increased by 2.4%, which averages out to $36 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Panama City Beach, FL
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
28%
$1,001 - $1,500/month
66%
$1,501 - $2,000/month
3%
Above $2,000/month
What salary do I need to live comfortably in Panama City Beach, FL?
Because the average rent in Panama City Beach is $1,490, you’ll want to make about $4,966 per month or $59,592 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.
View the Panama City Beach Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Panama City Beach?
The average rent in Panama City Beach is $1,490 per month, which is 10.4% lower than the national average of $1,663.
What is the average rent for a house in Panama City Beach?
The average rent for a house in Panama City Beach, FL is $2,680 per month.
What is the average rent for a townhome in Panama City Beach?
The average rent for a townhome in Panama City Beach, FL is $1,742 per month.
What is the average rent for a condo in Panama City Beach?
The average rent for a condo in Panama City Beach, FL is $1,793 per month.
Are rents going up or down in Panama City Beach?
Rents in Panama City Beach, FL are increasing, with prices up 2.4% year-over-year and $36 more per month.
What rent range is most common in Panama City Beach?
In Panama City Beach, FL, 66% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.