Cheap Homes for Rent in Panama City Beach, FL from $1,100 (48 Rentals)

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

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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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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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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Showing Results 1-48, Page 1 of 1

Panama City Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Panama City Beach, FL

Pricing Updated: 07/29/2025

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$2,100$1,32017

Cheapest Available Panama City Beach Apartments for Rent

 

The cheapest available apartment rental in Panama City Beach, FL is a 1 Bed unit found at Cottages by the Bay priced from $1,050. 10X Breakfast Point has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,274. Here is today’s list of the most affordable Panama City Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages by the Bay1 Bed/1 Bath1BR,1BA$1,050
10X Breakfast PointA11BR,1BA$1,274
79 WestThe West1BR,1BA$1,285
Emerald ParkType 11BR,1BA$1,300
Edgewater CrossingsAUGUSTA1BR,1BA$1,305
White SandsThe Kalypso1BR,1BA$1,325
10X Panama City BeachA11BR,1BA$1,388
Sea SoundSunset 11BR,1BA$1,388
The Place at Grand LagoonB12BR,2BA$1,393
The TydeA11BR,1BA$1,399

Best Value Apartments for Rent in Panama City Beach, FL

As of July 29, 2025 the best value apartment in the Panama City Beach area is the $1.42 price per square foot C1 Den Model at Parkside at the Beach in the in the Palmetto Trace neighborhood starting from $2,058. The second greatest value Panama City Beach apartment is the Mint Model at Covey Homes Grand Lagoon starting at $1,900 with a $1.34 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$1.42
Covey Homes Grand LagoonMint3BR,2.5BA$1.34
MAA Emerald CoastThe Windmark3BR,2BA$1.35
8700 Front Beach Rd, Unit 73098700 Front Beach Rd2BR,2.5BA$1.77
3909 Ocean View Dr, Unit B3909 Ocean View Dr1BR,1.5BA$1.36
10X Retreat at PCBB22BR,2BA$1.44
The Place at Grand LagoonB12BR,2BA$1.33
White SandsThe Kalypso1BR,1BA$1.53
10X Breakfast PointA11BR,1BA$1.56
79 WestThe West1BR,1BA$1.78

Quick Rent Budget Calculator

How much rent can you afford?

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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 141 Apartments for Rent in Panama City Beach, FL with pricing that ranges from $939 to $30,000. There are also 197 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama City Beach ranging from $1,150 to $15,000.

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 $1,150 to $15,000 with an average monthly rent of $3,623.

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 $1,500 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,925.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.