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Newest Homes for Rent in Panama City, FL

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  • /25

    Starting at $1,255 Per Month

    • 1 - 3 Beds

    3625 Frankford Ave, Panama City, FL 32405

    Welcome to Exchange at North Bay! Experience the epitome of apartment living in the heart of Panama City, conveniently situated at 3625 Frankfort Road, Panama City, Florida 32405. Immerse yourself in a world of premier shopping, dining, and access to top-rated schools—all within moments of your doorstep. Exchange at North Bay Apartments stands out in the crowd by redefining luxury living. We

    Exchange at North Bay

    (850) 990-3863

    3625 Frankford Ave, Panama City, FL 32405
  • /27

    Starting at $1,265 Per Month

    • 1 - 2 Beds

    2204 Thomas Dr, Panama City, FL 32408

    Step off the beach and walk into your new home at Exchange at the Beach where our one and two bedrooms offer the height of luxury living in Panama City Beach, Florida. Our pet-friendly community seamlessly blends the contemporary amenities you need for a successful day with high-end perks you desire. Located in Upper Grand Lagoon, near Race City, be close to everything you need. Embrace

    Exchange at the Beach

    (850) 788-2487

    2204 Thomas Dr, Panama City, FL 32408
  • /79

    Starting at $1,300 Per Month

    • 1 - 3 Beds

    8604 Whelch Dr, Panama City, FL 32408

    EMERALD PARK LEASING NOW - apply today on our website or visit us onsite. Welcome to Emerald Park, a new ultra-luxury apartment community in Panama City Beach, FL. Nestled between the beach and downtown, Emerald Park offers the pinnacle of coastal living in the Florida Panhandle. This boutique community offers spacious floorplans all with remarkable finishes. Emerald Park also features

    Emerald Park

    (850) 818-3461

    8604 Whelch Dr, Panama City, FL 32408
  • /17

    Starting at $1,040 Per Month

    • 1 - 2 Beds

    2203 Beck Ave, Panama City, FL 32405

    Find the perfect space youve been looking for in a community that welcomes you right in. Welcome to Westwood Village. Featuring updated, pet-friendly one and two bedroom apartments and townhomes with all the extras that make life easier, Westwood Village is the home youve been searching for. Our community in Bay County is centrally located for convenience and entertainment with easy access to

    Westwood Village

    (850) 771-7366

    2203 Beck Ave, Panama City, FL 32405
  • /46

    Starting at $1,430 Per Month

    • 1 - 3 Beds

    3100 Sweetbay Ave, Panama City, FL 32405

    Nestled in a thriving and scenic community, The Residences at SweetBay redefine what it means to live well. More than just a place to call home, SweetBay offers a lifestyle where luxury meets convenience, and neighbors become friends. From beautifully designed living spaces to exclusive amenities like resort-style pools, fitness centers, and lush green spaces, SweetBay creates the perfect balance

    Residences at SweetBay

    (850) 788-2184

    3100 Sweetbay Ave, Panama City, FL 32405
  • /93

    Starting at $1,449 Per Month

    • 1 - 3 Beds

    2002 Wilson Ave, Panama City, FL 32405

    Our brand-new community offers an unparalleled blend of comfort and sophistication. Immerse yourself in a world of indulgence with meticulously designed interiors, upscale amenities, and the perfect balance between city life and coastal relaxation. Whether you're unwinding in our resort-style pool, staying active in our state-of-the-art fitness center, or entertaining guests in our elegant

    The Kelly at 23rd Luxury Apartments

    (865) 666-5833

    2002 Wilson Ave, Panama City, FL 32405
  • /15

    Starting at $1,388 Per Month

    • 1 - 3 Beds

    98 Richard Jackson Blvd, Panama City, FL 32407

    TOUR YOUR WAY! We have a tour to fit your needs- virtual, self-guided, or agent-guided. Enjoy salt air and relaxed living at the MAA Emerald Coast apartment community in Panama City Beach, FL. These charming one-, two-, and three-bedroom apartment homes feature screened porches, perfect for enjoying the salt air. Many homes have spa-style bathrooms or fireplaces for added luxury. Lounge beside

    MAA Emerald Coast

    (850) 771-1352

    98 Richard Jackson Blvd, Panama City, FL 32407
  • /103

    Starting at $1,299 Per Month

    • 1 - 3 Beds

    3502 N Jenks Ave, Panama City, FL 32405

    Offering spacious 1, 2 and 3 bedroom apartment homes, Waterstone at Jenks is a premier luxury community nestled in the heart of Panama City, just minutes away from Panama City Beach. Situated on Jenks Avenue just North of 23rd Street and blocks away from Lynn Haven you can experience the best shopping, dining, and social atmospheres that Bay County has to offer. Each home includes a full

    Waterstone at Jenks

    (850) 818-9599

    3502 N Jenks Ave, Panama City, FL 32405
  • /40

    Starting at $1,220

    Total Monthly Price

    • 1 - 3 Beds

    3913 Pisa Dr, Panama City, FL 32405

    Elevate your everyday at Aztec Villa, where thoughtful design meets a prime Florida location. These residences provide the perfect foundation for a functional and relaxed coastal lifestyle.All-Electric Kitchen | Dishwasher | Refrigerator | Pantry | Walk-in Closets | Central Air and Heating | Private Balcony or Patio | Carpeted Floors | Mini and Vertical Blinds | 1, 2, and 3 Bedroom

    Aztec Villa Apartments

    (833) 859-7671

    3913 Pisa Dr, Panama City, FL 32405
  • /50

    Starting at $1,256 Per Month

    • 1 - 3 Beds

    2401 Stanford Rd, Panama City, FL 32405

    Discover the perfect blend of modern comfort and coastal convenience at Stanford Pointe in Panama City, Florida. This refreshing community offers spacious one, two, and three-bedroom floor plans featuring upscale finishes like granite or quartz countertops, stainless steel appliances, and private patios or balconies. Residents enjoy a lifestyle of ease with an impressive array of amenities,

    Stanford Pointe

    (850) 788-2806

    2401 Stanford Rd, Panama City, FL 32405
  • /53

    Starting at $1,195 Per Month

    • 1 - 3 Beds

    4141 E 15th St, Panama City, FL 32404

    Step into sophisticated, upgraded living at Westshore Palms! Our apartments in Panama City blend modern finishes with an unbeatable location near the bay. Enjoy access to upscale amenities and a walkable community that puts local shops, dining, and scenic coastal spots right at your doorstep. With thoughtful design and a connected address, this is where modern living truly begins.Westshore

    Westshore Palms

    (850) 338-9111

    4141 E 15th St, Panama City, FL 32404
  • /33

    Starting at $1,300 Per Month

    • 1 - 3 Beds

    2121 Harrison Ave, Panama City, FL 32405

    ** Manager’s Special ** LIMITED-TIME ONLY: 1 BEDROOMS $1,199 | 2 BEDROOMS $1,299! *Terms & conditions apply. Just minutes from the white sandy beaches of the Emerald Coast, The Lory of Panama City offers newly renovated one-, two- and three-bedroom apartments with modern, updated fixtures and finishes. From the crystal blue swimming pool, fully equipped fitness center, dog park and community

    The Lory of Panama City

    (877) 796-2953

    2121 Harrison Ave, Panama City, FL 32405
  • /29

    Starting at $1,135 Per Month

    • 1 - 3 Beds

    4324 W 20th St, Panama City, FL 32405

    Welcome to Turtle Lake Apartments in Panama City, FL - a welcoming community offering spacious one, two, and three-bedroom homes designed for comfort and convenience. Whether you're a student, military personnel, or working professional, Turtle Lake delivers value-packed living in a serene, well-connected neighborhood.Quick access to Highway 98 puts you close to everything Panama City has

    Turtle Lake

    (850) 740-0778

    4324 W 20th St, Panama City, FL 32405
  • /50

    Starting at $2,080

    Total Monthly Price

    • 3 - 5 Beds

    5284 Emma Grace Dr, Panama City, FL 32404

    Welcome to Sunset Village, where the living is easy, and the sun sets gently over the sea. Our housing for rent in Panama City, Florida has the tranquility of nature embedded into its very fiber while also being well-connected to urban conveniences. Pets welcome!The three, four, and five-bedroom floor plans our community offers can adapt to any lifestyle. Thanks to its open-concept layouts,

    Sunset Village

    (448) 231-1820

    5284 Emma Grace Dr, Panama City, FL 32404
  • /50

    Starting at $1,348 Per Month

    • 1 - 3 Beds

    4800 N Star Ave, Panama City, FL 32404

    Welcome Home to North Bay Landing, the premier luxury apartment community located in the picturesque town of Panama City, FL! Our prime location provides easy access to Highway 390 and 231, perfectly convenient for work, school, entertainment, and dining. We’re located just 14 miles from Tyndall Air Force Base, making our community an ideal home for military personnel and their families! Plus,

    North Bay Landings

    (850) 771-4707

    4800 N Star Ave, Panama City, FL 32404
  • /37

    Starting at $1,690 Per Month

    • 3 Beds

    263 Nelle Ave, Panama City, FL 32404

    Welcome to Ava Kay Townhomes, offering pet-friendly townhomes for rent in Panama, Florida! With three-bedroom floorplans each packed with ample amenities, there's something for everyone here at Ava Kay. Each townhome comes equipped with a patio/balcony, full kitchens, washer and dryer connections and so much more. Residents of our community enjoy our waterfront views, serene picnic areas and

    Ava Kay Townhomes

    (448) 200-5737

    263 Nelle Ave, Panama City, FL 32404
  • /11

    $2,050 Per Month

    • 3 Beds
    • 2 Baths
    • 1,702 Sq Ft
    • Single-Family House for Rent

    3630 Cedar Park Dr, Panama City, FL 32404

    This 1702 square foot single family home has 3 bedrooms and 2.0 bathrooms. This house is located Near college station and North Bay Haven School.

    3630 Cedar Park Dr, Panama City, FL 32404
  • /17

    $1,495 Per Month

    • 3 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • House for Rent

    1115 Hickory Ave, Panama City, FL 32401

    Cute 3 bedroom 2 bath home in old St Andrews. Screened back porch. Be close to all the festivals, restaurants, shopping, farmers market. Dog ok up to 30 lbs. $300.00 non refundable pet fee.

    1115 Hickory Ave, Panama City, FL 32401
  • /12

    $1,875

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,400 Sq Ft
    • House for Rent

    2601 Laurel Dr, Panama City, FL 32404

    Two story home with front porch and white picket fence, located in the family friendly neighborhood of Avondale Estates. Situated at the end of a cul-de-sac on a triple size lot. 3 bedrooms, 2.5 baths. All bedrooms are upstairs. Primary bedroom has large balcony. 2 full baths upstairs and a half bath downstairs. Washer and dryer available for use during your lease. Single car garage, 8 ft privacy

    2601 Laurel Dr, Panama City, FL 32404
  • /19

    $1,900 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
  • /11

    $2,350 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,122 Sq Ft
    • Single-Family House for Rent

    6407 Wildwood Ct, Panama City, FL 32404

    New homes on a Culd-a-sac close to Tyndall Air Force Base. This home is built with energy savings in mind. Metal Roofs, Custom cabinets, Quartz counter tops, tile, carpet in upstairs. This is one you don't want to miss. Perfect Location,

    6407 Wildwood Ct, Panama City, FL 32404
  • /34

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,681 Sq Ft
    • House for Rent

    106 Moody Dr, Panama City, FL 32404

    This charming 3-bedroom, 2-bath brick and flagstone home offers comfort and convenience in a peaceful setting. Step inside to find a freshly painted interior complemented by brand-new light fixtures, creating a bright and welcoming atmosphere throughout.Enjoy your own private in-ground swimming pool and a spacious, fully fenced backyard--perfect for entertaining, pets, or relaxing weekends at

    Brittany Whittaker Beachy Beach Real Estate

    106 Moody Dr, Panama City, FL 32404
  • /19

    $1,100 Per Month

    • 3 Beds
    • 1 Bath
    • 1,025 Sq Ft
    • Apartment for Rent

    351 College Ave Unit A, Panama City, FL 32401

    Very nice newly renovated 3 bedroom 1 bath home in the much desired Millville Community has new windows, blinds, new appliances, nice vinyl plank flooring and paint throughout. All property sizes and ages are approximate, please measure and/or verify if important. School assignments are subject to change, please check with Bay County for most accurate information. Deposit is the same as the rent.

    Commander Rentals CENTURY 21 Commander Realty

    351 College Ave Unit A, Panama City, FL 32401
  • /32

    $1,895 Per Month

    • 3 Beds
    • 2 Baths
    • 960 Sq Ft
    • House for Rent

    315 Gabrielle Ln, Panama City, FL 32404

    Charming cottage-style home in Panama City, FL featuring three bedrooms and two bathrooms. Located in the Callaway Corner community, this residence offers classic cottage details and a neighborhood enhanced by paver roads. Thoughtfully designed living spaces provide comfortable daily living and easy flow between rooms. Ideal for those seeking a low-maintenance home with curb appeal in a desirable

    Commander Rentals CENTURY 21 Commander Realty

    315 Gabrielle Ln, Panama City, FL 32404
  • /12

    $1,000 Per Month

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

    3435 Orchard Wood Rd, Panama City, FL 32405

    Two bedroom, one bath duplex apartment in quiet neighborhood. Fresh paint, and new carpet. Equipped with refrigerator, dishwasher, and range, plus washer & dryer hook up. The property is approximately 4 miles north of the Panama City mall off of Hwy 231, near Winn Dixie. Garbage only is included. Rental Application required- Call to schedule a tour.

    Adam Drysdale St Andrew Shores Realty Serv

    3435 Orchard Wood Rd, Panama City, FL 32405
  • /9

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Orlando Rd Duplexes

    3628 E Orlando Rd Unit 3630 E Orlando Rd, Panama City, FL 32404

    3628 E Orlando Rd Unit 3630 E Orlando Rd, Panama City, FL 32404
  • /10

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Orlando Rd Duplexes

    3628 E Orlando Rd Unit 3636 E Orlando Rd, Panama City, FL 32404

    3628 E Orlando Rd Unit 3636 E Orlando Rd, Panama City, FL 32404
  • /22

    $2,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,535 Sq Ft
    • House for Rent

    2936 Hall Ave, Panama City, FL 32405

    Welcome to 2936 Hall Ave, Built in 2024. This stunning property boasts three spacious bedrooms and two full bathrooms, offering ample space for comfortable living. The house is adorned with high-end finishes that add a touch of elegance and sophistication to the overall design. The flooring is covered with durable and stylish vinyl plank throughout, ensuring easy maintenance and longevity. The

    Rosalind Smothers Carroll Realty Prop Mgt Inc

    2936 Hall Ave, Panama City, FL 32405
  • /14

    $1,650 Per Month

    • 3 Beds
    • 1 Bath
    • 1,107 Sq Ft
    • House for Rent

    5701 Lilly St, Panama City, FL 32404

    Great house for rent and close to everything. 3bedroom home has lots of living space including the kitchen and living room. Washer & dryer hookups and a large back yard with privacy fence. Located on a dead-end street. Close to Tyndall Airforce Base.

    Roy Furst Central Bay Realty and Property Management LLC

    5701 Lilly St, Panama City, FL 32404
  • /18

    Starting at $1,440 Per Month

    • 2 Beds

    723 W 19th St, Panama City, FL 32405

    Pointe Grand Panama City proudly presents two-bedroom apartments offering 1,170 square feet of open living space. These apartments feature upscale interior amenities, including wood-inspired flooring, quartz countertops, stainless steel appliances, oversized kitchen islands, LED lighting, and keyless entry. Residents also enjoy community amenities such as a 24-hour fitness center, a resort-style

    Pointe Grand Panama City

    (850) 788-3336

    723 W 19th St, Panama City, FL 32405
  • /40

    $2,400 Per Month

    • 4 Beds
    • 2 Baths
    • 1,830 Sq Ft
    • House for Rent

    6359 Bellavia Ln, Panama City, FL 32404

    Available for Rent - Panama City, FloridaDiscover this beautiful 1,830 sq. ft. 4-bedroom, 2-bathroom home with a 2-car garage, now available in the desirable Liberty neighborhood in Panama City.This thoughtfully designed single-family home offers a bright, open-concept layout perfect for both everyday living and entertaining. The spacious kitchen features a large island, stainless steel

    6359 Bellavia Ln, Panama City, FL 32404
  • /63

    $3,100 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,338 Sq Ft
    • House for Rent

    1816 Discovery Loop, Panama City, FL 32405

    Welcome to 1816 Discovery Loop, a beautiful home located in the highly sought-after SweetBay community, one of Panama City's premier neighborhoods. Featuring a bright open-concept layout, modern finishes, and a thoughtfully designed floor plan, this home offers the perfect balance of comfort and functionality for everyday living and entertaining. Recent upgrades include a new roof (2025), fully

    Zack Sanchez Think Real Estate

    1816 Discovery Loop, Panama City, FL 32405
  • /18

    $1,850 Per Month

    • 3 Beds
    • 1 Bath
    • 2,018 Sq Ft
    • House for Rent

    1107 Yale Ave, Panama City, FL 32405

    LOCATION! LOCATION! LOCATION! Situated in the desirable Forest Park area just off the 23rd Street corridor, this home offers exceptional convenience with easy access to shopping, dining, healthcare, and everyday essentials. Nearby amenities include Publix, The Home Depot, and HCA Florida Gulf Coast Hospital. This charming home features 2 bedrooms, 1 bathroom, plus a bonus room that can serve as a

    Ricky Ingram Solis Real Estate of Florida

    1107 Yale Ave, Panama City, FL 32405
  • /46

    $2,600 Per Month

    • 3 Beds
    • 3.5 Baths
    • 1,646 Sq Ft
    • Apartment for Rent

    2319 Discovery Loop, Panama City, FL 32405

    One of the lowest-priced opportunities currently available in SweetBay, this 2024-built Harris Doyle home offers 3 bedrooms, 3.5 bathrooms, and 1,646 square feet of low-maintenance living in one of Panama City's most valuable communities. Designed with flexibility in mind, each bedroom features its own private full bathroom and walk-in closet, making this floor plan ideal for investors,

    Alec Childres SweetBay Realty

    2319 Discovery Loop, Panama City, FL 32405
  • /13

    $1,000 Per Month

    • 2 Beds
    • 2 Baths
    • 864 Sq Ft
    • Apartment for Rent

    3914 E 11th St Unit 104, Panama City, FL 32404

    Spacious newly renovated 2 bedroom 2 bath quadplex 2nd floor unit centrally located in the heart of the much desired Springfield community. Updated fixtures, wood LVP throughout the entire home, spacious kitchen with a backsplash layout, washer and dryer hookup included.

    Sarah Murphy CENTURY 21 Commander Realty

    3914 E 11th St Unit 104, Panama City, FL 32404
  • /10

    $1,000 Per Month

    • 2 Beds
    • 2 Baths
    • 864 Sq Ft
    • Apartment for Rent

    3914 E 11th St Unit 402, Panama City, FL 32404

    Spacious newly renovated 2 bedroom 2 bath quadplex 1st floor unit centrally located in the heart of the much desired Springfield community. Updated fixtures, brand new tile flooring throughout the entire home, spacious kitchen with a backsplash layout, washer and dryer hookup included.

    Sarah Murphy CENTURY 21 Commander Realty

    3914 E 11th St Unit 402, Panama City, FL 32404
  • /7

    $975 Per Month

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • Apartment for Rent

    422 Magnolia Ave Unit 4, Panama City, FL 32401

    Ask about our move in incentives for this property. downtown rental within walking distance to shops, restaurants, and entertainment. One bedroom, one bath, unfurnished. Adorable Rental has a stackable washer and dryer. Please text a photo of your driver's license to our office number ending in 1673, along with the name of the property that you are interested in and we will schedule your showing

    Veronica Verge Full Sail Realty of NWFL

    422 Magnolia Ave Unit 4, Panama City, FL 32401
  • /18

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Apartment for Rent

    4828 Grimes St Unit 2, Panama City, FL 32404

    Welcome to your new home in Panama City, FL! This one bedroom, one-bathroom apartment offers a comfortable and convenient living experience. Located just minutes away from Tyndall AFB, you'll find commuting a breeze. The apartment is also in close proximity to East Bay, providing you with stunning views and opportunities for water activities. For those who love the outdoors, numerous parks are

    Commander Rentals CENTURY 21 Commander Realty

    4828 Grimes St Unit 2, Panama City, FL 32404
  • /19

    Starting at $1,275 Per Month

    • 1 - 2 Beds

    1699 S Gay Ave, Panama City, FL 32404

    Bay Front Apartments

    (850) 788-8576

    1699 S Gay Ave, Panama City, FL 32404
  • /23

    $2,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,366 Sq Ft
    • House for Rent

    1234 Grace Ave, Panama City, FL 32401

    Newer construction Townhome - 3 bedroom 2.5 bath, fenced yard. Close to downtown Panama City. This unit features an open concept Living room, dining and Kitchen. 1st floor Master bedroom with master bath. 2nd floor has 2 nice size guest room and 1 full bath. Pet friendly with approval and non-refundable pet fee.These additional charges may apply:1) Application fee: 75.00 one time

    1234 Grace Ave, Panama City, FL 32401

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Frequently Asked Questions

How much does it cost to rent a home in Panama City, FL?
The median rent for a home in Panama City, FL is $1,800 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Panama City, FL?
To comfortably afford the median rent in Panama City, FL, a household needs to earn roughly $72,000 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 $1,800 per month in Panama City, FL, renters typically need to show $5,400 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 Panama City, FL?
In Panama City, FL, the price-to-rent ratio is 15.0, 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 Panama City, FL are best for renting a home?
The best neighborhood for renting in Panama City, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Saint Andrews, Downtown North, South Panama City, Millville and East Panama City, each with its own character and price range.

Rental Trends in Panama City, FL

Rental Home Trends

Number of Homes for Rent
377
Median Rent
$1,800
Median Single Family Home Rent
$1,950
Median Townhouse Rent
$1,275
Median Condo Rent
$1,480
How to Rent a Home