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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 8, 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

2018 · Place 1 is the highest value.

#TerritoryMedian rent
246 Alva $1,013
177 Anna Maria $1,148
352 Apalachicola $758
52 Apollo Beach $1,576
132 Atlantic Beach $1,246
17 Atlantis $1,900
22 Aventura $1,813
197 Bagdad $1,112
16 Bal Harbour $1,922
337 Baldwin $807
42 Bay Harbor Islands $1,642
179 Bay Pines $1,140
279 Bayonet Point $948
269 Bayshore Gardens $968
300 Bell $900
368 Belle Glade $630
15 Belleair $1,925
5 Belleair Beach $2,479
267 Belleair Bluffs $971
210 Bellview $1,083
330 Beverly Hills $829
40 Big Pine Key $1,666
113 Biscayne Park $1,302
64 Bloomingdale $1,485
41 Boca Raton $1,663
…
287 Palmetto $922
93 Palmetto Bay $1,365
326 Panacea $835
298 Panama City $903
154 Panama City Beach $1,198
262 Parker $979
3 Parkland $2,535
…

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.