Cheap Apartments for Rent in Panama City Beach, FL from $899 (124 Rentals)

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Search the lowest-cost Apartments available for rent right now in Panama City Beach.

property at 8817 S Thomas Dr

$1,037 - $1,270

Total Monthly Price

Total Monthly Price

Base Rent
$1,037
Total Monthly Price
$1,037

Studio Rentals

Available Aug 30

8817 S Thomas Dr

Panama City BeachFL32408
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10X Panama City Beach
Rent Specials
$1,209 - $3,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,209 - $3,985
Total Monthly Price
$1,209 - $3,985
1 to 3 Bedroom Apartments Available Now

10X Panama City Beach

7150 W Highway 98Panama City Beach, FL 32407
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10X Breakfast Point
Rent Specials
$1,225 - $3,392
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $3,392
Total Monthly Price
$1,225 - $3,392
1 to 3 Bedroom Apartments Available Now

10X Breakfast Point

9700 Panama City Beach PkyPanama City Beach, FL 32407
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10X Retreat at PCB
Rent Specials
$1,232 - $2,855
Total Monthly Price

Total Monthly Price

Base Rent
$1,232 - $2,855
Total Monthly Price
$1,232 - $2,855
1 to 3 Bedroom Apartments Available Now

10X Retreat at PCB

90 Sandal LnPanama City Beach, FL 32413
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 8815 Thomas Dr

$1,235 - $1,434

Total Monthly Price

Total Monthly Price

Base Rent
$1,235
Total Monthly Price
$1,235

2 Bedroom Rentals

Available Sep 20

8815 Thomas Dr

Panama City BeachFL32408
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The Tyde Apartments
Rent Specials
$1,324 - $2,359
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $2,359
Total Monthly Price
$1,324 - $2,359
Studio to 3 Bedroom Apartments Available Now

The Tyde Apartments

1105 Clara AvePanama City Beach, FL 32407
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Perla
Rent Specials
$1,415 - $2,074
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $2,074
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Perla

2195 Wilkinson StPanama City Beach, FL 32408
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 8743 Thomas Dr

$1,358 - $1,449

Total Monthly Price

Total Monthly Price

Base Rent
$1,449
Total Monthly Price
$1,449

1 Bedroom Rentals

Available Aug 23

8743 Thomas Dr

Panama City BeachFL32408
property at 7405A Beach Dr

$1,551

Total Monthly Price

Total Monthly Price

Base Rent
$1,551
Total Monthly Price
$1,551

2 Bedroom, 2 Bath Home for Rent

Available Sep 16

7405A Beach Dr

Panama City BeachFL32408
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The Oasis at Seahaven
Rent Specials
$1,662 - $2,237
Total Monthly Price

Total Monthly Price

Base Rent
$1,662 - $2,237
Total Monthly Price
$1,662 - $2,237
1 to 2 Bedroom Apartments Available Now

The Oasis at Seahaven

201 Hills RdPanama City Beach, FL 32413
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 6300 Pinetree Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

6300 Pinetree Ave

Panama City BeachFL32408
property at 17155 FL-30

$1,807 - $1,897

Total Monthly Price

Total Monthly Price

Base Rent
$1,897
Total Monthly Price
$1,897

2 Bedroom Rentals

Available Sep 26

17155 FL-30

Panama City BeachFL32413

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 08/21/2026

Current apartment rentals in the Panama City Beach, FL area range in price from $1,232 to $35,400 with an overall median price of $1,779. Here is today’s list neighborhoods with the lowest median pricing for Panama City Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Palmetto Trace$1,779$1,23221

Cheapest Available Panama City Beach Apartments for Rent

 

The cheapest available apartment rental in Panama City Beach, FL is a Studio unit found at Cottages by the Bay priced from $899. 10X Breakfast Point has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Panama City Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages by the BayStudioStudio,1BA$899
10X Breakfast PointA11BR,1BA$1,225
10X Retreat at PCBA11BR,1BA$1,232
10X Panama City BeachA1e1BR,1BA$1,233
White SandsThe Cabana1BR,1BA$1,238
Exchange at the Beach1 Bedroom 120%1BR,1BA$1,264
79 WestThe West1BR,1BA$1,278
The Tyde ApartmentsStudioStudio,1BA$1,324
Panama FlatsE1Studio,1BA$1,370

Best Value Apartments for Rent in Panama City Beach, FL

As of August 21, 2026 the best value apartment in the Panama City Beach area is the $1.39 price per square foot Coconut Model at Covey Homes Grand Lagoon in the starting from $1,975. The second greatest value Panama City Beach apartment is the The Watersound Model at MAA Emerald Coast starting at $2,113 with a $1.55 price per square foot . Here is today’s list of the best values for Panama City Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Covey Homes Grand LagoonCoconut2BR,2.5BA$1.39
MAA Emerald CoastThe Watersound3BR,2BA$1.55
The Place at Grand LagoonB12BR,2BA$1.42
White SandsThe Cabana1BR,1BA$1.29
Edgewater CrossingsCONGRESSIONAL1BR,1BA$1.54
Legends at ClaraThe Seacrest1BR,1BA$1.56
10X Breakfast PointA11BR,1BA$1.50
5409 Hilltop Ave, Unit B5409 Hilltop Ave2BR,1BA$1.63
10X Retreat at PCBA11BR,1BA$1.58
79 WestThe West1BR,1BA$1.76

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Panama City Beach, FL Rentals by Map

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Frequently Asked Questions about Cheap Panama City Beach Apartments

What is the Cheapest Studio apartment in Panama City Beach?

Currently the most affordable Cheap Studio Apartment in Panama City Beach is at Cottages by the Bay listed at $899.

How much is rent for a Cheap One Bedroom Panama City Beach Apartment?

The lowest price for a Cheap One Bedroom Panama City Beach Apartment is $1,039 at Cottages by the Bay.

What is the lowest price for a Cheap Two Bedroom Panama City Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Panama City Beach is starting from $1,415 at 10X Retreat at PCB.

What is the most affordable Panama City Beach Three Bedroom Apartment?

The best deal on a cheap Panama City Beach Three Bedroom Apartment rental is at The Place at Grand Lagoon and starts from $1,699.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.