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Statistics · City
estimate
Median rent in Panama City
2013 – 2024 · 12 data points
278 of 367 · Towns of Florida
Updated Nov 7, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Education
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Tourism
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Climate
8 figures
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
2014 · Place 1 is the highest value.
| # | Territory | Median rent | |
|---|---|---|---|
| 373 | Perry | $495 | |
| 372 | Bronson | $500 | |
| 371 | Inglis | $522 | |
| 370 | Pahokee | $531 | |
| 369 | Laurel Hill | $538 | |
| 368 | Wewahitchka | $545 | |
| 367 | Hastings | $546 | |
| 366 | Century | $573 | |
| 365 | Sopchoppy | $588 | |
| 364 | Callahan | $590 | |
| 363 | Cross City | $599 | |
| 362 | Chiefland | $604 | |
| 361 | Homosassa | $618 | |
| 360 | Floral City | $632 | |
| 359 | Ebro | $633 | |
| 358 | Immokalee | $635 | |
| 357 | Masaryktown | $636 | |
| 356 | Apalachicola | $649 | |
| 355 | Williston | $654 | |
| 354 | Belle Glade | $654 | |
| 353 | Homosassa Springs | $655 | |
| 352 | Jay | $655 | |
| 351 | Monticello | $667 | |
| 350 | Grove City | $671 | |
| 349 | Bunnell | $677 | |
| … | |||
| 294 | Florida Ridge | $838 | |
| 293 | Zephyrhills | $839 | |
| 292 | Ruskin | $840 | |
| 291 | Panama City | $842 | |
| 290 | Crystal Springs | $843 | |
| 289 | Freeport | $843 | |
| 288 | Mims | $844 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2014
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.