Perla
2195 Wilkinson St,
Panama City Beach, FL 32408
$1,396 - $2,460 Total Monthly Price
1-3 Beds
Rental Market Trends in Panama City Beach, FL
What is the average rent in Panama City Beach, FL?
$1,422/month
Average Rent
784 Sq Ft
Average Apartment Size
-4.5%
Decrease in the Last Year
As of April 2026, the average rent in Panama City Beach, FL is $1,422 per month. For comparison, the national average rent price in the US is currently $1,641/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 $1,186 per month for a studio, $1,422 for a one-bedroom apartment, and around $1,671 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,966 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 4.5%, which averages out to $63 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 April 2026
Legend
2025
2026
Rent Ranges in Panama City Beach, FL
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
45%
$1,001 - $1,500/month
48%
$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 $1,422, you’ll want to make about $4,740 per month or $56,880 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.
Nearby City Rent Trends
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Property Management Companies in Panama City Beach, FL
RPM
-
653
Communities
-
179,706
Units
-
259
Cities
6 Communities in Panama City Beach
Greystar
-
3,486
Communities
-
959,009
Units
-
891
Cities
2 Communities in Panama City Beach
RAM Partners
-
296
Communities
-
78,616
Units
-
170
Cities
2 Communities in Panama City Beach
Two Coast Living
-
90
Communities
-
27,663
Units
-
77
Cities
2 Communities in Panama City Beach
Bryten Real Estate Partners
-
119
Communities
-
29,248
Units
-
68
Cities
2 Communities in Panama City Beach
MAA
-
293
Communities
-
101,891
Units
-
116
Cities
1 Community in Panama City Beach
Hawthorne Residential Partners
-
248
Communities
-
59,853
Units
-
111
Cities
1 Community in Panama City Beach
Beachwold Residential
-
58
Communities
-
14,173
Units
-
40
Cities
1 Community in Panama City Beach
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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 February 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.