Cheap Homes for Rent in Panama City Beach, FL from $900 (51 Rentals)

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property at 7813 N Lagoon Dr

7813 N Lagoon Dr

Panama City BeachFL32408

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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property at 609 Cape Cod Dr

609 Cape Cod Dr

Panama City BeachFL32407
property at 513 Lantana St

513 Lantana St

Panama CityFL32407

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 7813 N Lagoon Dr

7813 N Lagoon Dr

Panama City BeachFL32408

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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property at 1610 Annabellas Way

1610 Annabellas Way

Panama City BeachFL32407
property at 4726 Bay Point Rd

4726 Bay Point Rd

Panama City BeachFL32408
property at 4300 Bay Point Rd

4300 Bay Point Rd

Panama City BeachFL32408
Showing Results 1-50, Page 1 of 2

Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 06/06/2025

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$2,082$1,20030

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 $939. Stone Harbor Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,118. 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$939
Stone Harbor ApartmentsTwo Bedroom Two Bath2BR,2BA$1,118
10X Retreat at PCBA11BR,1BA$1,252
10X Panama City BeachA11BR,1BA$1,296
Emerald ParkType 11BR,1BA$1,300
Edgewater CrossingsCONGRESSIONAL1BR,1BA$1,360
White SandsThe Cabana1BR,1BA$1,365
The TydeA11BR,1BA$1,399
Watermark at Urban BluSeashell1BR,1BA$1,399

Best Value Apartments for Rent in Panama City Beach, FL

As of June 06, 2025 the best value apartment in the Panama City Beach area is the $1.74 price per square foot C1 Den Model at Parkside at the Beach in the in the Palmetto Trace neighborhood starting from $2,509. The second greatest value Panama City Beach apartment is the Mint Model at Covey Homes Grand Lagoon starting at $1,949 with a $1.37 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.
Parkside at the BeachC1 Den3BR,2BA$1.74
Covey Homes Grand LagoonMint3BR,2.5BA$1.37
Pier Park CrossingsExpansive & Inviting3BR,2BA$1.59
Exchange at the Beach2 Bedroom2BR,2BA$1.46
10X Breakfast PointB12BR,2BA$1.29
Stone Harbor ApartmentsTwo Bedroom Two Bath2BR,2BA$1.04
White SandsThe Cabana1BR,1BA$1.42
Edgewater CrossingsCONGRESSIONAL1BR,1BA$1.45
107 Lakeside Cir, Unit B107 Lakeside Cir2BR,1BA$1.47
10X Retreat at PCBA11BR,1BA$1.61

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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Frequently Asked Questions about Panama City Beach

What type of rentals are currently available in Panama City Beach?

There are currently 143 Apartments for Rent in Panama City Beach, FL with pricing that ranges from $939 to $30,000. There are also 169 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama City Beach ranging from $925 to $17,500.

What is the current price range for Rental Homes in Panama City Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Panama City Beach ranges from $925 to $17,500 with an average monthly rent of $5,057.

How much are larger Three and Four Bedroom Rentals in Panama City Beach?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Panama City Beach range from $1,283 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,425.

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.