Cheap Apartments for Rent in Panama City Beach, FL from $700 (42 Rentals)

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

property at 7205 Thomas Dr

7205 Thomas Dr

Panama City BeachFL32408
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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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8800 Front Beach Rd
Studio Apartments

8800 Front Beach Rd

8800 Front Beach RdPanama City Beach, FL 32407
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9860 S Thomas Dr
1 to 3 Bedroom Apartments

9860 S Thomas Dr

9860 S Thomas DrPanama City Beach, FL 32408
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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
property at 3614 Tiki Dr

3614 Tiki Dr

Panama CityFL32408
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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 1-42, Page 1 of 1

Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 11/15/2025

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$2,038$1,17553

Cheapest Available Panama City Beach Apartments for Rent

 

The cheapest available apartment rental in Panama City Beach, FL is a 2 Beds unit found at Stone Harbor Apartments priced from $906. Cottages by the Bay has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here is today’s list of the most affordable Panama City Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone Harbor ApartmentsTwo Bedroom Two Bath2BR,2BA$906
Cottages by the BayStudioStudio,1BA$915
Sea SoundSunset 11BR,1BA$1,175
79 WestThe West1BR,1BA$1,175
Edgewater CrossingsBIRKDALE1BR,1BA$1,195
10X Breakfast PointA11BR,1BA$1,197
White SandsThe Cabana1BR,1BA$1,199
The Place at Grand LagoonA11BR,1BA$1,233
10X Retreat at PCBA11BR,1BA$1,248
10X Panama City BeachA2e1BR,1BA$1,269

Best Value Apartments for Rent in Panama City Beach, FL

As of November 15, 2025 the best value apartment in the Panama City Beach area is the $1.71 price per square foot Type 3 Model at Emerald Park in the starting from $2,200. The second greatest value Panama City Beach apartment is the Three Bedroom Two Bath Model at Stone Harbor Apartments starting at $1,283 with a $1.02 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.
Emerald ParkType 33BR,3BA$1.71
Stone Harbor ApartmentsThree Bedroom Two Bath3BR,2BA$1.02
Edgewater CrossingsMONTEREY2BR,2BA$1.41
White SandsThe Cabana1BR,1BA$1.25
MAA Emerald CoastThe Crestview1BR,1BA$1.62
10X Breakfast PointA11BR,1BA$1.47
Parkside at the BeachA1 Patio1BR,1BA$1.76
The Place at Grand LagoonA11BR,1BA$1.54
10X Retreat at PCBA11BR,1BA$1.60
79 WestThe West1BR,1BA$1.61

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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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Getting Around Panama City Beach, FL

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,175 at Sea Sound.

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 $906 at Stone Harbor Apartments.

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 Stone Harbor Apartments and starts from $1,283.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.