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Rental Market Trends

Bay County, FL

As of July 2025, Bay County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Bay County's average rent is 16.8% ($348) lower than the Florida average of $2,075 and 2.7% ($48) lower than the U.S. average of $1,775.

Average Rent

$1,727

Monthly ChangeMonth Over Month Change

0.7% ($12)

Yearly ChangeYear Over Year Change

2.9% ($52)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,380	0.1% ($1)	3.6% ($51)
2 Beds	$1,682	0.1% ($2)	1.9% ($32)
3 Beds	$2,214	2.1% ($45)	11.4% ($226)

Cities within Bay County	Average Rent	Avg. Rent vs. BayAverage Rent vs. Bay County	Avg. Days on MarketAverage Days on Market
Panama City	$1,712	0.9% ($15)	39 days
Panama City Beach	$1,788	3.5% ($61)	39 days
Lynn Haven	$1,998	15.7% ($271)	37 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Bay County Rental Market FAQs

Explore rental prices, market trends, and availability in Bay County, FL.

What is the average rent in Bay County, FL?

The average rent in Bay County, FL is $1,727 per month.

What is the rental price range for homes in Bay County, FL?

Homes in Bay County typically rent for between $966 and $2,878 per month, with an average of $1,727 per month.

What is the average rent for different bedroom sizes in Bay County, FL?

In Bay County, the average rent for a 1-bedroom home is $1,380 per month, for a 2-bedroom home, $1,682 per month, and a 3-bedroom home is $2,214 per month.

How do rent prices in Bay County, FL compare with the national average?

The average rent in Bay County is 2.7% ($48) lower than the national average of $1,775 per month.

How have rent prices in Bay County, FL changed recently?

The average rent in Bay County has increased by 0.7% ($12) in the last month and decreased by 2.9% ($52) over the past year.

How competitive is the rental market in Bay County, FL?

The rental market in Bay County, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Bay County, FL?

In Bay County, FL, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Bay County, FL?

There are currently 250 rental properties available in Bay County, FL.

Can I afford to rent a home in Bay County, FL?

Based on the current averages, a household would need an annual income of $67,280 to comfortably afford a 2-bedroom home in Bay County.