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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 5, 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

2021 · Place 1 is the highest value.

#TerritoryMedian rent
318 Alva $936
340 Apalachicola $866
68 Apollo Beach $1,725
118 Atlantic Beach $1,527
69 Atlantis $1,723
28 Ave Maria $1,994
31 Aventura $1,983
287 Bagdad $1,056
29 Bal Harbour $1,988
369 Baldwin $593
38 Bay Harbor Islands $1,939
338 Bay Pines $870
283 Bayonet Point $1,066
257 Bayshore Gardens $1,122
327 Bell $907
366 Belle Glade $695
61 Belleair $1,746
11 Belleair Beach $2,353
291 Belleair Bluffs $1,043
239 Bellview $1,159
301 Beverly Hills $1,003
67 Big Pine Key $1,728
139 Biscayne Park $1,438
57 Bloomingdale $1,767
36 Boca Raton $1,941
…
282 Palmetto $1,066
126 Palmetto Bay $1,499
197 Panacea $1,270
278 Panama City $1,074
129 Panama City Beach $1,462
232 Parker $1,176
7 Parkland $2,592
…

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2021

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.