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Homes & Apartments 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

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As of October 2026, Panama City Beach's rental market is cooling, with rentals spending about 52 days on the market, slower than in Florida (41), and rents about flat over the past year. Panama City Beach's average rent is 13.9% ($361) lower than the Florida average of $2,588 and 7.0% ($145) higher than the U.S. average of $2,082.

Average Rent
$2,227
Monthly ChangeMonth Over Month Change
Increased0.23% ($5)
Yearly ChangeYear Over Year Change
Increased0.2% ($3)
Days on Market
52
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,478 Increased0.16% ($2) Increased0.8% ($12)
2 Beds $2,301 Increased1.06% ($24) Increased7.1% ($152)
3 Beds $2,198 Decreased0.71% ($16) Decreased5.7% ($133)
Nearby Cities Average Rent Avg. Rent vs. Panama City BeachAverage Rent vs. Panama City Beach Days on Market
Inlet Beach $3,714 Increased66.8% ($1,487) 39 days
Lynn Haven $2,066 Decreased7.2% ($161) 47 days
Panama City $1,732 Decreased22.2% ($495) 49 days
Santa Rosa Beach $3,002 Increased34.8% ($775) 47 days
Freeport $2,152 Decreased3.4% ($75) 40 days
Based on rentals advertised on RentalSource in and around Panama City Beach.
Frequently Asked Questions
Panama City Beach Rental Market FAQs

Explore rental prices, market conditions, and affordability in Panama City Beach, FL.

The average rent in Panama City Beach, FL is $2,227 per month.
In Panama City Beach, the average rent is about $1,478 per month for a 1-bedroom home, $2,301 for a 2-bedroom home and $2,198 for a 3-bedroom home.
The average rent in Panama City Beach is 7% ($145) higher than the national average of $2,082 per month.
The rental market in Panama City Beach, FL is currently cooling, with rentals spending about 52 days on the market, slower than in Florida (41), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of $92,000 to comfortably afford a 2-bedroom home in Panama City Beach.
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