Homes for Rent in Panama City Beach, FL

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What to Know About

Life in Panama City Beach & Beyond

Panama City Beach shares many of the great qualities that make Florida a desirable place to live.

Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Panama City Beach, FL

As of July 2025, Panama City Beach's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Panama City Beach's average rent is 13.8% ($287) lower than the Florida average of $2,075 and 0.7% ($13) higher than the U.S. average of $1,775.

Average Rent
$1,788
Monthly ChangeMonth Over Month Change
Decreased15% ($315)
Yearly ChangeYear Over Year Change
Decreased9.7% ($191)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,409 Decreased0.2% ($3) Decreased1.5% ($22)
2 Beds $1,717 Decreased7.8% ($145) Decreased7.8% ($145)
3 Beds $2,261 Increased2.3% ($50) Decreased1.9% ($43)
Nearby Cities Average Rent Avg. Rent vs. Panama City BeachAverage Rent vs. Panama City Beach Avg. Days on MarketAverage Days on Market
Lynn Haven $1,998 Increased11.7% ($210) 37 days
Panama City $1,712 Decreased4.3% ($76) 39 days
Santa Rosa Beach $2,149 Increased20.2% ($361) 47 days
Freeport $1,748 Decreased2.2% ($40) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Panama City Beach Rental Market FAQs

Explore rental prices, market trends, and availability in Panama City Beach, FL.

The average rent in Panama City Beach, FL is $1,788 per month.
Homes in Panama City Beach typically rent for between $986 and $2,939 per month, with an average of $1,788 per month.
In Panama City Beach, the average rent for a 1-bedroom home is $1,409 per month, for a 2-bedroom home, $1,717 per month, and a 3-bedroom home is $2,261 per month.
The average rent in Panama City Beach is 0.7% ($13) higher than the national average of $1,775 per month.
The average rent in Panama City Beach has decreased by 15.0% ($315) in the last month and decreased by 9.7% ($191) over the past year.
The rental market in Panama City Beach, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Panama City Beach, FL, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 66 rental properties available in Panama City Beach, FL.
Based on the current averages, a household would need an annual income of $68,680 to comfortably afford a 2-bedroom home in Panama City Beach.
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