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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 8, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
8 figures
People
24 figures
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20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
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
2022 · Place 1 is the highest value.
| # | Territory | Median rent | |
|---|---|---|---|
| 280 | Alva | $1,167 | |
| 142 | Apalachicola | $1,590 | |
| 47 | Apollo Beach | $1,991 | |
| 116 | Atlantic Beach | $1,678 | |
| 117 | Atlantis | $1,678 | |
| 12 | Ave Maria | $2,570 | |
| 18 | Aventura | $2,271 | |
| 295 | Bagdad | $1,114 | |
| 16 | Bal Harbour | $2,371 | |
| 364 | Baldwin | $623 | |
| 19 | Bay Harbor Islands | $2,250 | |
| 309 | Bay Pines | $1,063 | |
| 288 | Bayonet Point | $1,141 | |
| 258 | Bayshore Gardens | $1,216 | |
| 327 | Bell | $993 | |
| 356 | Belle Glade | $780 | |
| 29 | Belleair | $2,153 | |
| 6 | Belleair Beach | $2,933 | |
| 257 | Belleair Bluffs | $1,216 | |
| 239 | Bellview | $1,281 | |
| 301 | Beverly Hills | $1,102 | |
| 42 | Big Pine Key | $2,013 | |
| 140 | Biscayne Park | $1,599 | |
| 32 | Bloomingdale | $2,119 | |
| 28 | Boca Raton | $2,170 | |
| … | |||
| 182 | Palm Springs | $1,457 | |
| 254 | Palmetto | $1,222 | |
| 102 | Palmetto Bay | $1,728 | |
| 255 | Panama City | $1,221 | |
| 124 | Panama City Beach | $1,646 | |
| 268 | Parker | $1,200 | |
| 5 | Parkland | $2,948 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2022
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.