Panama City, FL rental market
Last updated August 13, 2025
Rental market summary
The average rent for all bedrooms and all property types in Panama City, FL is $1,950.
$1,950
+$55
+$50
185
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $775 to $3,500.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $800 | 2 |
| $900 | 3 |
| $1,000 | 5 |
| $1,100 | 11 |
| $1,200 | 9 |
| $1,300 | 10 |
| $1,400 | 10 |
| $1,500 | 18 |
| $1,600 | 16 |
| $1,700 | 15 |
| $1,800 | 20 |
| $1,900 | 25 |
| $2,000 | 21 |
| $2,100 | 16 |
| $2,200 | 19 |
| $2,300 | 20 |
| $2,400 | 21 |
| $2,500 | 10 |
| $2,600 | 5 |
| $2,700 | 3 |
| $2,800 | 7 |
| $2,900 | 5 |
| $3,000 | 4 |
| $3,100 | 4 |
| $3,200 | 3 |
| $3,300 | 1 |
| $3,400 | 1 |
| $3,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $50 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,000 | $1,800 |
| Feb | $1,950 | $1,800 |
| Mar | $1,900 | $1,703 |
| Apr | $2,065 | $1,695 |
| May | $1,875 | $1,750 |
| Jun | $2,000 | $1,750 |
| Jul | $1,875 | $1,900 |
| Aug | $1,875 | $2,000 |
| Sep | $1,900 | No data |
| Oct | $1,855 | No data |
| Nov | $1,833 | No data |
| Dec | $1,825 | No data |
Market temperature
The Panama City, FL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Panama City, FL is 7% lower than the national average.
$1,950
$2,100
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Frequently asked questions
1. What is the average rent in Panama City, FL?
The average rent in Panama City, FL is $1,950.
2. How much does it cost to rent a house in Panama City, FL?
Houses in Panama City, FL rent between $775 - $3,500 with an average rent of $1,950.
3. How has the rent in Panama City, FL changed in the last year?
In the last year, the rent in Panama City, FL increased by $50
4. How much has the rent in Panama City, FL increased/decreased in the last month?
In the last month, the rent in Panama City, FL increased by $55
5. How many available rentals are there in Panama City, FL?
There are currently 185 rentals available in Panama City, FL.
6. How do rent prices in Panama City, FL compare with the national average?
The average rent in Panama City, FL is $1,950 — 7.14% lower the national average of $2,100.