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Homes & Apartments for Rent in Panama City, FL 32404

1-20 of 84 rentals

House for rent at 126 Kristine Blvd, Panama City, FL 32404

1/10

Managed by LSI Property Management

$1,250

House2 Beds1 Bath884 ft²

126 Kristine Blvd

Panama City, FL 32404

This 2-bedroom, 1-bath home in Panama City, FL offers a functional layout with a garage and a fireplace. The kitchen includes a stove and refrigerator, and the property is situated in a desirable area with convenient access to local amenities. Ideal for those seeking a straightforward, well-located rental with essential features.

1/10

Managed by ERA Neubauer Real Estate

$975 - $1,150

Townhouse2 Beds1.5 Baths1,100 ft²

Reagan Road Townhomes

155 179 Reagan Rd, Panama City, FL 32404

Welcome to this efficient townhome, conveniently located in Callaway, FL, and close to Tyndall AFB. This townhouse offers 2Bed/1.5ba, perfect for those seeking a comfortable and practical living space. The property also features ceiling fans, a covered back patio for outdoor relaxation, and a semi-attached exterior laundry/storage room for added convenience. The covered front entry adds a touch of elegance and provides protection from the elements. Plus, you can forget about the hassle of utility management as water/sewer, garbage, pest control, and lawn care are all included in your package. Experience the ease of living in this townhome today.

Apartment for rent at 3914 E 11th St, Panama City, FL 32404

1/10

Managed by Crpm CCC Property Management Group

$1,000

Apartment2 Beds2 Baths864 ft²

3914 E 11th St

Panama City, FL 32404

Spacious renovated 2 bedroom 2 bath quadplex 1st floor unit centrally located in Springfield community. Updated fixtures, tile flooring throughout the entire home, spacious kitchen with a backsplash layout, washer and dryer hookup included. Amenities: Pest Control & Stove-oven Electric.

1/10

Managed by ERA Neubauer Real Estate

$1,000

Apartment2 Beds1 Bath700 ft²

6707 E Highway 22

Panama City, FL 32404

Welcome to this efficient 2Bed/1Ba apartment near Tyndall AFB, located Callaway, FL. This apartment offers a comfortable living space with two spacious bedrooms and a full bathroom. The exterior laundry/storage room, semi-attached to the main building, provides ample space for your storage needs and laundry convenience. The covered front entry ensures you stay dry during those rainy days, while the back patio, complete with a privacy fence, offers a perfect spot for outdoor relaxation. Special: 1/2 Off 1st Month. also. 1/2 OFF Security Deposit for Active-Duty Military. Quarterly Pest Control & Lawncare Included. No Pets. Owner will consider Section 8.

1/10

Featured

Managed by All County Diamond

$2,200

House4 Beds2 Baths1,788 ft²

4007 Pioneer Lane

Panama City, FL 32404

Looking for a home with modern finishes, plenty of space, and a great location? Welcome to 4007 Pioneer Lane. This stunning 4-bedroom, 2-bathroom home offers nearly 1,800 square feet of thoughtfully designed living space with an open floor plan that's perfect for relaxing, entertaining, or spending time with family. The spacious kitchen overlooks the living and dining areas, making it the heart of the home. The private primary suite features a large walk-in closet and an en-suite bathroom, while the split-bedroom layout provides privacy for everyone. Step outside to enjoy the covered back patio-perfect for morning coffee or evening unwinding.

1/10

Managed by LSI Property Management

$2,250

House5 Beds2.5 Baths2,700 ft²

166 Byrd Dr

Panama City, FL 32404

Space and more space awaits you in the great 5 bedroom, 2.5 bath home with 2 car attached garage. Lots of recent updates, all new fresh paint and flooring throughout the home. This is a great home in a very coinvent location centrally located to lots of area attractions, in town Panama City, Tyndall AFB and so much more.

1/10

Featured

Managed by All County Diamond

$2,200

House4 Beds2 Baths1,500 ft²

5116 Sienna Dr

Panama City, FL 32404

This beautifully maintained 4-bedroom, 2-bathroom home offers over 1,500 square feet of living space in the desirable Titus Park community. The open floor plan creates a bright, welcoming atmosphere, while the spacious kitchen features stainless steel appliances, a large center island, and ample cabinet space for storage and meal prep. The primary suite includes a walk-in closet and private bathroom, while three additional bedrooms provide flexibility for family, guests, or a home office. A fully fenced backyard offers the perfect place to relax, entertain, or enjoy time outdoors, and the two-car garage provides ample parking and additional storage.

1/10

Featured

Managed by All County Diamond

$1,975

House4 Beds2 Baths1,498 ft²

175 N Berthe Ave

Panama City, FL 32404

Limited-time move-in special: Move in by November or December 1, 2026, and receive $500 off your first month's rent. This home offers the perfect blend of comfort, convenience, and modern smart-home living. Inside, you'll find a bright and open layout with generous living space, a functional kitchen, and comfortable bedrooms designed for everyday living. This home also features convenient smart upgrades throughout, including remote-controlled curtains, lights, and ceiling fans - making it easy to customize your comfort with the touch of a button. Enjoy the large yard with plenty of room to relax, entertain, or soak up the Florida sunshine.

1/10

Managed by Century 21 Ryan Realty

$1,800

House3 Beds2 Baths1,310 ft²

7709 Betty Louise Dr

Panama City, FL 32404

Callaway. 3 bedroom 2 bath home with 2 car garage. This home features newly installed windows throughout and new interior paint, with a large living area with vaulted ceiling, sliding glass door to open patio and privacy fenced backyard, kitchen with eat in dining area, and LVP flooring throughout. W/D hookups in the garage. This home is close to shopping, restaurants, Under the Oaks Park and approximately 7 miles to Tyndall Air Force Base, approximately 16 miles to the Navy Base and approximately 12 miles to Eastern Shipyard. All Electric. No Pets. Amenities: Stove.

1/10

Managed by Century 21 Commander Realty

$1,975

House3 Beds2 Baths1,609 ft²

5921 Howard Rd

Panama City, FL 32404

3/2 home just minutes to Tyndall AFB. Close to parks, East Bay, dining and shopping Pets allowed with owner approval and Non Refundable $300 pet fee per pet. School assignments are subject to change, please check with Bay County for most accurate information. All sizes are approximate, please measure and verify if important.

1/17

Managed by Terry King

$1,300

Apartment3 Beds2 Baths1,080 ft²

208 N Highway 22A

Panama City, FL 32404

Built in 2021, 3 bedroom, 2 bath manufactured home conveniently located in Panama City/Callaway. This unit was previously rented at $1550, but for a limited time, it's available at $1350. We have multiple units available, but prices will increase as they get leased. Lock in your discounted rate today. All Proper-T Management Services residents are enrolled in the Resident Benefits Package (RBP) for $70.

1/10

Managed by Century 21 Commander Realty

$2,395

House4 Beds2.5 Baths2,302 ft²

182 Osprey Lake Rd

Panama City, FL 32404

Available Now. Well-maintained 4-bedroom, 2-bath home in the desirable Bridge Harbor community. Large living area that flows into the kitchen and dining area. Features an open layout, fenced backyard with a fire pit, community pool and playground. Pets welcome with non-refundable deposit. Located just minutes from Tyndall Air Force Base, shopping, dining, and schools. Community pool included. Contact us today to schedule a showing.

1/10

Featured

Managed by All County Diamond

$1,650

Townhouse3 Beds2 Baths1,519 ft²

5940 Callaway Circle

Panama City, FL 32404

Welcome to 5940 Callaway Circle, a spacious 3-bedroom, 2.5-bath townhome offering 1,519 square feet of comfortable two-story living in the Sentinel Point community. The bright, open main level features LVP flooring, recessed lighting, a generous living and dining area, and a well-appointed kitchen with ample cabinetry, a breakfast bar, granite-look countertops, and black appliances. A convenient half bath is located downstairs, while all three bedrooms are upstairs for added separation from the main living areas. The roomy primary suite includes a ceiling fan and walk-in closet.

1/10

Managed by Twisted Palms Property Management

$2,200

House3 Beds2 Baths

7131 Penn Way

Panama City, FL 32404

Attractive single-family home on 7131 Penn Way in Panama City with strong curb appeal, a covered entry and an attached two-car garage. The interior offers an open-concept flow from the kitchen into the living area; dark wood cabinetry paired with stainless-style appliances. A dedicated office/den with window provides workspace, and a separate laundry room houses full-size washer and dryer. Outside features include a fenced yard, manicured planting beds and a concrete driveway. The front entry includes a keyed electronic lock for added convenience. Schedule a viewing to tour this Panama City rental today.

1/20

Managed by Full Sail Realty of Nwfl

$1,950

House4 Beds2 Baths1,325 ft²

124 Abigail Lane

Panama City, FL 32404

Welcome to Abigail Ln. This great little home is perfect for your family. This home has 4 bedrooms and 2 bathrooms and is located at the end of a Cul-de-sac with a nice privacy fence in the backyard. We will get back to you within 1 business day to get you scheduled. Don't forget to ask about our move in incentives. Amenities: Oven, Dining Room & Living Room.

1/10

Managed by Twisted Palms Property Management

$2,600

House4 Beds2 Baths1,750 ft²

7157 Hatteras Blvd

Panama City, FL 32404

Welcome to 7157 Hatteras Blvd in Panama City. This spacious 4-bedroom, 2-bath home offers approximately 1,797 square feet of comfortable living space with an open-concept floor plan perfect for everyday living and entertaining. The kitchen features a large center island and opens directly into the main living and dining areas, creating a bright and inviting space. The home offers generously sized bedrooms, a functional split-bedroom layout, and plenty of room for everyone to spread out. Enjoy beautiful pond views from the main living areas and relax outside on the covered back porch overlooking the water.

1/10

Listed by a leasing agent

$1,250

Apartment2 Beds2 Baths960 ft²

5807 Butler Dr #30

Panama City, FL 32404

Welcome to Butler Manor Apartments. This two story 2 bedroom, 1.5 bath renovated apartment is ready for you to move in. Free WiFi service and 24/7 video security. Spotless grounds, freshly painted. Laundry on site. Dogs and Cats are allowed with $350 pet deposit. Certain breeds and weights are excluded. Best of all no application fees. Come see this one today.

1/6

Managed by Nautilus Realty Team

$1,850

House3 Beds2 Baths1,375 ft²

528 Camellia Ave

Panama City, FL 32404

Newer Construction. Upgraded appliances and fixtures, quartz counter-tops, split bedroom plan, sprinkler system, breakfast bar, and more. Close to TAFB, shopping, and schools. Utilities: public electric & public water.

1/10

New 5 days ago

Managed by Bridgett Caron

$1,900

House4 Beds2 Baths1,300 ft²

6317 Lance St

Panama City, FL 32404

4 bedroom 2 bath home in Panama City, close to Tyndall Air Force base. Large fence back yard, 1 car garage. New appliances, newly painted and LPV flooring. These additional charges may apply: 1) Application fee: 75 one time (Application Fee per Adult). Amenities: Range/Oven.

1/10

New 5 days ago

Managed by All County Diamond

$1,950

House3 Beds2 Baths1,757 ft²

7523 Chipewa St

Panama City, FL 32404

Welcome to this beautifully maintained brick home offering the perfect blend of comfort, space, and functionality. Step inside to find updated flooring throughout, multiple living and dining areas, and a cozy brick fireplace that adds warmth and character to the space. The kitchen is designed with both style and practicality in mind, featuring stainless steel appliances, ample cabinet storage, and a functional layout ideal for everyday living and entertaining. Each bedroom is generously sized and filled with natural light, creating inviting retreats for rest and relaxation. Outside, enjoy the expansive fenced-in backyard-perfect for pets, play, or gatherings on the spacious back deck.

Viewing 1-20 of 84 rentals in 32404

What to Know About

Life in Panama City & Beyond

Panama City 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, FL

View full report

As of November 2026, Panama City's rental market is stable, with rentals spending about 28 days on the market, faster than in Florida (30), and rents down 2.6% over the past year. Panama City's average rent is 32.6% ($842) lower than the Florida average of $2,584 and 14.4% ($294) lower than the U.S. average of $2,036.

Average Rent

$1,742

Monthly ChangeMonth Over Month Change

0.91% ($16)

Yearly ChangeYear Over Year Change

2.6% ($46)

Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,295	0.84% ($11)	3.3% ($41)
2 Beds	$1,418	0.06% ($1)	1.1% ($15)
3 Beds	$1,836	1.79% ($33)	5.7% ($110)

Nearby Cities	Average Rent	Avg. Rent vs. Panama CityAverage Rent vs. Panama City	Days on Market
Lynn Haven	$2,100	20.6% ($358)	30 days
Panama City Beach	$2,284	31.1% ($542)	29 days
Youngstown	$1,515	13.0% ($227)	30 days

Based on rentals advertised on RentalSource in and around Panama City.

Frequently Asked Questions

Panama City Rental Market FAQs

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

What is the average rent in Panama City, FL?

The average rent in Panama City, FL is $1,742 per month.

What is the average rent for different bedroom sizes in Panama City, FL?

In Panama City, the average rent is about $1,295 per month for a 1-bedroom home, $1,418 for a 2-bedroom home and $1,836 for a 3-bedroom home.

How do rent prices in Panama City, FL compare with the national average?

The average rent in Panama City is 14.4% ($294) lower than the national average of $2,036 per month.

How competitive is the rental market in Panama City, FL?

The rental market in Panama City, FL is currently stable, with rentals spending about 28 days on the market, faster than in Florida (30), and rents down 2.6% over the past year.

Can I afford to rent a home in Panama City, FL?

Based on the current averages, a household would need an annual income of $56,700 to comfortably afford a 2-bedroom home in Panama City.

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