Pier Park Crossings
101 Crossings Dr,
Panama City Beach, FL 32413
1-3 Beds | $1,286 - $2,109
Rental Market Trends in Panama City Beach, FL
What is the average rent in Panama City Beach, FL?
$1,399/month
Average Rent
784 Sq Ft
Average Apartment Size
-4.7%
Decrease in the Last Year
As of February 2025, the average rent in Panama City Beach, FL is $1,399 per month. For comparison, the national average rent price in the US is currently $1,557/month, which means Panama City Beach rent prices are 10% lower than the national average. When you rent an apartment in Panama City Beach, you can expect to pay about $1,074 per month for a studio, $1,399 for a one-bedroom apartment, and around $1,621 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,962 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 4.7%, which averages out to $65 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 February 2025
Legend
2024
2025
Rent Ranges in Panama City Beach, FL
Last Updated February 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
7%
$700 - $1,000/month
48%
$1,001 - $1,500/month
41%
$1,501 - $2,000/month
4%
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 $1,399, you’ll want to make about $4,663 per month or $55,956 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
-
622
Communities
-
163,714
Units
-
233
Cities
4 Communities in Panama City Beach
Two Coast Living
-
91
Communities
-
27,851
Units
-
78
Cities
2 Communities in Panama City Beach
Bryten Real Estate Partners
-
120
Communities
-
28,289
Units
-
64
Cities
2 Communities in Panama City Beach
Greystar
-
3,239
Communities
-
895,224
Units
-
830
Cities
1 Community in Panama City Beach
RAM Partners
-
286
Communities
-
74,795
Units
-
164
Cities
1 Community in Panama City Beach
Hawthorne Residential Partners
-
261
Communities
-
62,893
Units
-
119
Cities
1 Community in Panama City Beach
MAA
-
289
Communities
-
100,596
Units
-
115
Cities
1 Community in Panama City Beach
Beachwold Residential
-
60
Communities
-
14,749
Units
-
42
Cities
1 Community in Panama City Beach
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Methodology
† 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.
* Percentages may not total 100 due to rounding.