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Callaway, FL Condos for Rent

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  • /30

    $1,619 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Panama City - Callaway

    902 N Tyndall Pkwy, Callaway, FL 32404

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Panama City - Callaway

    902 N Tyndall Pkwy, Callaway, FL 32404
  • /14

    $1,500

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    123 Keystone Plaza Unit 123 Keystone Plaza, Panama City, FL 32404

    ½ of a remodeled duplex including new flooring, fresh paint in the kitchen and bedrooms, installation of central heat & air and a new refrigerator. There is a closed patio in the back with a doggie door for a small pet, a shared laundry room and huge shared fenced in backyard.

    123 Keystone Plaza Unit 123 Keystone Plaza, Panama City, FL 32404
  • /31

    $2,100 Per Month

    • 3 Beds
    • 2 Baths
    • 1,676 Sq Ft
    • ** Brick Home in great neighborhood close to TAFB

    8107 Heritage Woods Ln, Panama City, FL 32404

    Check out this beautiful home in Callaway, just minutes from TAFB. This home has an impressive floor plan with a formal living or dining area just inside of the front door, luxury vinyl plank throughout, and a gourmet kitchen with a gas stove overlooking the HUGE fenced backyard. Pets are negotiable. The den area has a cozy brick fireplace and 10ft ceilings. Bedrooms are ample in size with a

    8107 Heritage Woods Ln, Panama City, FL 32404
  • /9

    $995 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    6321 Lenawee St Unit 6321 Lenawee Street Apt D1, Panama City, FL 32404

    6321 Lenawee St Unit 6321 Lenawee Street Apt D1, Panama City, FL 32404
  • /18

    $1,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • Condo for Rent

    6321 Lance St, Panama City, FL 32404

    You will love this charming home! This home is located in a nice Callaway neighborhood, just minutes to TAFB. The home features a large fenced yard, vaulted ceilings in the living areas and a split bedroom plan, as well as a 1 car garage! SECURITY DEPOSIT NOT REQUIRED if qualified for Obligo. Text a copy of your drivers license to the OFFICE phone number and we will make your showing appointment

    6321 Lance St, Panama City, FL 32404
  • /6

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    108 N Anita Dr Unit 1, Callaway, FL 32404

    108 N Anita Dr Unit 1, Callaway, FL 32404
  • /16

    $2,300 Per Month

    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft
    • Beautiful 4 Bedroom Home in Brighton Oaks – Convenient to Tyndall AFB!

    4081 Brighton Blvd, Callaway, FL 32404

    Beautiful 4-bedroom, 2-bathroom residence located in the established Brighton Oaks community in the heart of Panama City. Offering modern finishes, an open-concept design, and an unbeatable location, this home is a must-see!Step inside to discover 10-foot ceilings throughout the main living areas and a 9-foot tray ceiling in the spacious primary suite. Luxury vinyl plank flooring, granite

    4081 Brighton Blvd, Callaway, FL 32404

Frequently Asked Questions

How much does it cost to rent a condo in Callaway, FL?
The median rent for a condo in Callaway, FL is $1,000 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Callaway, FL?
To comfortably afford the median rent in Callaway, FL, a household needs to earn roughly $64,760 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,619 per month in Callaway, FL, renters typically need to show $4,857 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Callaway, FL?
In Callaway, FL, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Callaway, FL are best for renting a condo?
The best neighborhood for renting in Callaway, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include South Panama City and Saint Andrews, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
7
Median Condo Rent
$1,000
Median 2 Bedroom Condo Rent
$995
Median 3 Bedroom Condo Rent
$1,850
How to Rent a Home