Cheap Apartments for Rent in Panama City Beach, FL from $700 (47 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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618 Evergreen St
Studio to 2 Bedroom Apartments

618 Evergreen St

618 Evergreen StPanama City Beach, FL 32407
  • Utilities Included
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Emerald Bay Apartments
Studio Apartments

Emerald Bay Apartments

644 W Caladium CirPanama City Beach, FL 32413
  • Utilities Included
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8800 Front Beach Rd
Studio Apartments

8800 Front Beach Rd

8800 Front Beach RdPanama City Beach, FL 32407
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2602 Willow Oak Ct
Studio to 1 Bedroom Apartments

2602 Willow Oak Ct

2602 Willow Oak CtPanama City Beach, FL 32408
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Watermark at Urban Blu
1 to 3 Bedroom Apartments

Watermark at Urban Blu

8551 Panama City Beach PkyPanama City Beach, FL 32407
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Parkside at the Beach
1 to 3 Bedroom Apartments

Parkside at the Beach

17225 Panama City Beach PkyPanama City Beach, FL 32413

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 3614 Tiki Dr

$1,200

1 Bedroom Rentals

Available Now

3614 Tiki Dr

Panama CityFL32408
property at 8115 Thomas Dr

$1,278 - $1,800

1 To 2 Bedroom Rentals

Available Now

8115 Thomas Dr

Panama CityFL32408

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Sand Dunes Apartments
1 to 3 Bedroom Apartments

Sand Dunes Apartments

8011 Front Beach RdPanama City, FL 32407
  • Utilities Included
Showing Results 1-47, Page 1 of 1

Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 01/06/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Palmetto Trace$1,911$1,10060

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 $915. 10X Panama City Beach has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,044. 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$915
10X Panama City BeachA1e1BR,1BA$1,044
10X Breakfast PointA11BR,1BA$1,081
Palm Court Apartments4x1.54BR,1BA$1,095
79 WestThe West1BR,1BA$1,100
White SandsThe Cabana1BR,1BA$1,135
The Place at Grand LagoonA11BR,1BA$1,190
Edgewater CrossingsBIRKDALE1BR,1BA$1,210
10X Retreat at PCBA21BR,1BA$1,229
Exchange at the Beach1 Bedroom 120%1BR,1BA$1,241

Best Value Apartments for Rent in Panama City Beach, FL

As of January 06, 2026 the best value apartment in the Panama City Beach area is the $0.92 price per square foot 4x1.5 Model at Palm Court Apartments in the starting from $1,095. The second greatest value Panama City Beach apartment is the The Trace Model at White Sands starting at $1,275 with a $1.21 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.
Palm Court Apartments4x1.54BR,1BA$0.92
White SandsThe Trace1BR,1BA$1.21
Emerald ParkType 22BR,2BA$1.62
Edgewater CrossingsBIRKDALE1BR,1BA$1.39
Sea SoundSunset 21BR,1BA$1.74
MAA Emerald CoastThe Crestview1BR,1BA$1.55
10X Retreat at PCBA21BR,1BA$1.51
10X Breakfast PointA11BR,1BA$1.32
The Place at Grand LagoonA11BR,1BA$1.53
79 WestThe West1BR,1BA$1.51

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Panama City Beach, FL

School data provided by Great Schools

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

Explore Panama City Beach, FL Rentals by Map

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See the most popular apartments and homes in Panama City Beach, FL

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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 $915.

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 $1,044 at 10X Panama City Beach.

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 $1,265 at 10X Panama City Beach.

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 White Sands and starts from $1,490.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!