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Housing Statistics · City estimate

Median rent in Panama City

2013 – 2024 · 12 data points 278 of 367 · Towns of Florida Updated Nov 4, 2026

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Median rent, 2013 – 2024 US Dollar · Panama City · Bay County · Florida · United States
+58% since 2014
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
Panama City
$1,327
Bay County
$1,484
Florida
$1,669
United States
$1,413

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

YearPanama City±Change Bay CountyFloridaUnited 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.

#TerritoryMedian rent
148 Alva $1,778
324 Apalachicola $1,108
40 Apollo Beach $2,293
56 Atlantic Beach $2,159
145 Atlantis $1,784
30 Ave Maria $2,425
26 Aventura $2,513
344 Bagdad $945
16 Bal Harbour $2,804
365 Baldwin $545
29 Bay Harbor Islands $2,442
311 Bay Pines $1,185
275 Bayonet Point $1,336
230 Bayshore Gardens $1,506
342 Bell $963
350 Belle Glade $898
41 Belleair $2,281
6 Belleair Beach $3,501
258 Belleair Bluffs $1,388
271 Bellview $1,344
309 Beverly Hills $1,199
172 Big Pine Key $1,724
225 Biscayne Park $1,529
49 Bloomingdale $2,210
27 Boca Raton $2,508
…
265 Palmetto $1,366
68 Palmetto Bay $2,101
343 Panacea $959
278 Panama City $1,327
141 Panama City Beach $1,791
274 Parker $1,338
10 Parkland $3,157
…

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.