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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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8 figures
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
2018 · Place 1 is the highest value.
| # | Territory | Median rent | |
|---|---|---|---|
| 374 | Inglis | $431 | |
| 373 | Seville | $538 | |
| 372 | Pahokee | $547 | |
| 371 | Molino | $597 | |
| 370 | Pierson | $599 | |
| 369 | Fort Denaud | $619 | |
| 368 | Belle Glade | $630 | |
| 367 | Perry | $658 | |
| 366 | Chiefland | $665 | |
| 365 | Hernando | $680 | |
| 364 | Homosassa Springs | $698 | |
| 363 | Bronson | $701 | |
| 362 | Cross City | $709 | |
| 361 | Floral City | $709 | |
| 360 | Crystal River | $717 | |
| 359 | Sopchoppy | $720 | |
| 358 | Williston | $721 | |
| 357 | Masaryktown | $724 | |
| 356 | Fellsmere | $740 | |
| 355 | Carrabelle | $742 | |
| 354 | Defuniak Springs | $750 | |
| 353 | Callahan | $757 | |
| 352 | Apalachicola | $758 | |
| 351 | Dover | $758 | |
| 350 | Immokalee | $762 | |
| … | |||
| 301 | Port Richey | $896 | |
| 300 | Bell | $900 | |
| 299 | Tice | $902 | |
| 298 | Panama City | $903 | |
| 297 | Oak Hill | $907 | |
| 296 | Titusville | $910 | |
| 295 | South Bradenton | $911 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2018
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.