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Panama City sits along St. Andrews Bay on Florida's Gulf Coast, offering waterfront living with access to both bay and ocean activities. As the largest city between Tallahassee and Pensacola, it combines the conveniences of a mid-sized city with the charm of historic neighborhoods like St. Andrews and Millville. These areas feature apartment communities and townhomes with bay views and walkable streets. The downtown area features shops, restaurants, and cultural attractions.
Rental options in Panama City include historic homes and apartments, with average one-bedroom rents at $1,215 per month. The city's layout spans several areas connected by bridges, including the Bailey Bridge to the north and the Hathaway Bridge to the west, which connects to Panama City Beach. The Lynn Haven neighborhood features parks and residential streets, while downtown locations provide easy access to local amenities.
The local economy centers around Tyndall Air Force Base, Naval Support Activity Panama City, healthcare facilities, and manufacturing companies. Major roadways include 23rd Street and Highway 98 running east-west and Martin Luther King Boulevard and Highway 231 running north-south. Northwest Florida Beaches International Airport provides air travel options with multiple carrier choices.
Frequently Asked Questions
Average Rent Rates
What's the average rent for an apartment in Panama City, FL?
Apartment averages in Panama City, FL varies based on size.
- $1,213 for a 1-bedroom apartment in Panama City, FL
- $1,494 for a 2-bedroom apartment in Panama City, FL
- $1,791 for a 3-bedroom apartment in Panama City, FL
- $2,204 for a 4-bedroom apartment in Panama City, FL
Rental Requirements
Can I find a cheap apartment in Panama City, FL?
There are 41 cheap apartments in Panama City, FL priced as low as $1,213
Can I find a short-term apartment in Panama City, FL?
There are 83 short-term apartments in Panama City, FL.
Transportation
How do people usually get around Panama City, FL?
Residents in Panama City, FL usually get around by car. According to Walk Score, Panama City, FL falls within the Car Dependent range.
Education
What colleges and universities are in Panama City, FL?
If you’re a college or university student moving to Panama City, FL, ForRent.com can help you find a rental near Gulf Coast State Panama City-Panama City Campus and others.
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