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Statistics · City
estimate
Median rent in Panama City
2013 – 2024 · 12 data points
278 of 367 · Towns of Florida
Updated Oct 22, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Latest value · 2024
$1,327
−0.5%
since 2023 ± $53 · margin of error
Towns of Florida · 2024
278 of 367
Place 1 is the highest value.
since 2014
+58%
+4.2% a year on average
vs Bay County
−11%
Bay County: $1,484 · 2024
Median rent, 2013 – 2024 US Dollar · Panama City · Bay County · Florida · United States
+58% since 2014
$750
$1,000
$1,250
$1,500
$1,750
2013
2016
2018
2020
2024
Panama City
Bay County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median rent · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Panama City · 2013 – 2024
Latest value
$1,327 · 2024
First value
$848 · 2013
Highest
$1,334 · 2023
Lowest
$842 · 2014
Average change
+4.2% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Panama City | ± | Change | Bay County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $1,327 | $53 | −0.5% | $1,484 | $1,669 | $1,413 |
| 2023estimate | $1,334 | $63 | +9.3% | $1,424 | $1,564 | $1,348 |
| 2022estimate | $1,221 | $80 | +14% | $1,311 | $1,444 | $1,268 |
| 2021estimate | $1,074 | $62 | +11% | $1,191 | $1,301 | $1,163 |
| 2020estimate | $964 | $51 | +2.0% | $1,099 | $1,218 | — |
| 2019estimate | $945 | $45 | +4.7% | $1,049 | $1,175 | — |
| 2018estimate | $903 | $40 | +2.5% | $1,009 | $1,128 | — |
| 2017estimate | $881 | $30 | +3.9% | $966 | $1,077 | — |
| 2016estimate | $848 | $37 | +0.7% | $943 | $1,032 | — |
| 2015estimate | $842 | $30 | ±0.0% | $922 | $1,002 | — |
| 2014estimate | $842 | $28 | −0.7% | $932 | $998 | — |
| 2013estimate | $848 | $21 | $932 | $990 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2024 · Place 1 is the highest value.
| # | Territory | Median rent | |
|---|---|---|---|
| 1 | Homosassa | $3,501 | |
| 2 | Key Biscayne | $3,501 | |
| 3 | Longboat Key | $3,501 | |
| 4 | Siesta Key | $3,501 | |
| 5 | Nocatee | $3,501 | |
| 6 | Belleair Beach | $3,501 | |
| 7 | Highland Beach | $3,501 | |
| 8 | South Beach | $3,501 | |
| 9 | Hillsboro Beach | $3,346 | |
| 10 | Parkland | $3,157 | |
| 11 | Jupiter Farms | $3,092 | |
| 12 | Duck Key | $2,974 | |
| 13 | Redington Beach | $2,938 | |
| 14 | Weston | $2,851 | |
| 15 | St James City | $2,829 | |
| 16 | Bal Harbour | $2,804 | |
| 17 | Southwest Ranches | $2,733 | |
| 18 | Doral | $2,669 | |
| 19 | Tierra Verde | $2,665 | |
| 20 | Miami Shores | $2,657 | |
| 21 | Indian Shores | $2,650 | |
| 22 | Cooper City | $2,648 | |
| 23 | Wellington | $2,562 | |
| 24 | Shalimar | $2,551 | |
| 25 | Juno Beach | $2,527 | |
| … | |||
| 275 | Bayonet Point | $1,336 | |
| 276 | Titusville | $1,334 | |
| 277 | Daytona Beach | $1,328 | |
| 278 | Panama City | $1,327 | |
| 279 | Citrus Springs | $1,324 | |
| 280 | Lower Grand Lagoon | $1,323 | |
| 281 | Pensacola | $1,322 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2024
What it means
The monthly rent in the middle of all rented homes.
How it is calculated
Median gross rent per month including utilities, from the survey.