2 Bedroom Apartments for Rent in Panama City, FL (218 Rentals)

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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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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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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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property at 1406 E 6th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1406 E 6th St, Unit A

1406 E 6th St
Panama CityFL32401
property at 6913 Cherry St

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225
Total Monthly Price
$1,225

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

6913 Cherry St, Unit N

6913 Cherry St
Panama CityFL32404

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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property at 1930 W 24th St

$950 - $1,000

2 Bedroom Rentals

Available Now

1930 W 24th St

Panama CityFL32405

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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Panama City, FL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Panama City 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: August 16, 2026

There are currently 169 available 2 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $1,000 to $2,465. Heres is today's list of the top neighborhoods in Panama City with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
SweetBay76$1,554$1,125
Pretty Bayou62$1,554$1,000
Downtown Panama City26$1,599$1,285
St Andrews5$1,224$1,000

Largest Available Panama City 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Panama City, FL is found at Arbor Landing Mill Bayou and is 1,560 square feet priced from $1,935. Arbor Trace Apartment Homes in the SweetBay neighborhood has the second largest 2 Bedroom, which is sized at 1,446 square feet and currently listed start at $1,579. Here is today’s list of the largest available 2 Bedroom units in Panama City:

Apartment ListingModel NameSquare FootagePriced From
Arbor Landing Mill BayouThe Twinflower Upper1,560 Sq Ft$1,935
Arbor Trace Apartment HomesLaurel Oak1,446 Sq Ft$1,579
Covey Homes Grand LagoonCoconut1,419 Sq Ft$1,975
Emerald ParkD Flat Renovated1,299 Sq Ft$1,950
Waterstone at JenksThe Emerald1,269 Sq Ft$1,499
Tranquility at Saint AndrewsB21,190 Sq Ft$1,151
The Kelly at 23rd Luxury ApartmentsB1C1,176 Sq Ft$1,663
Pointe Grand Panama City2 Bedroom, 2 Bathroom1,170 Sq Ft$1,395
North Bay LandingsTwo Bedroom1,159 Sq Ft$1,493
Sovereign at North BayTwo bedrooms984 Sq FtCall for Rates

Cheapest Available Panama City 2 Bedroom Apartments

As of August 16, 2026 the lowest priced 2 Bedroom apartment unit in Panama City, FL is the 2BR/1.0BA Model starting from $950 at 6707 E Hwy 22 . The second most affordable Panama City 2 Bedroom is the 2 Bed 1 Bath Model at Palm Court Apartments starting at $995 . The average price for all 2 Bedroom apartments in Panama City is currently $1,670. Here is today’s list of the cheapest available 2 Bedroom options in Panama City:

Apartment ListingModel NamePriced From
6707 E Hwy 222BR/1.0BA$950
Palm Court Apartments2 Bed 1 Bath$995
Cedar Trace Apartments2 bedroom$1,000
Tranquility at Saint AndrewsB3$1,151
Pinnacle at Hammock Square2x2$1,175
Pinnacle at Hammock Place2x2$1,180
Westshore PalmsThe Emerald$1,199
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer$1,240
Andrews Place Apartments2 Bed 2 Bath$1,248
Northgate Terrace IThe Sterling$1,285

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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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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Panama City Overview

Located snugly between the hubs of Tallahassee and Pensacola, apartments in Panama City are a great way to get to know Florida. Originally going by the clunky name Floriopolis, Panama City has since blossomed into a world-class destination worthy of its new moniker.

Why live in Panama City, FL?

From the gorgeous beaches to the exciting nightlife, Panama City is an idyllic slice of the Sunshine State. With a reasonable cost of living and an on-the-move economic growth rate, this Florida hot spot has been increasing in popularity in recent years with good measure. With a large number of industries including ship building and military calling the area home, Panama City apartments make an easy commute for those in the market for a new career and budding families.

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Panama City, FL

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

Explore Panama City, FL Rentals by Map

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Panama City, FL Area Reviews

    Estrella

    February 25, 2025

    Yo quiero tengo interés me decían q es más barato q Miami no creo alguien me puede escribir

    Frequently Asked Questions about 2 Bedroom Panama City Apartments

    What is the Cheapest apartment in Panama City with 2 Bedroom?

    Currently the most affordable 2 Bedroom in Panama City is at 6707 E Hwy 22 listed at $950.

    How much is the average rent for a 2 Bedroom Panama City Apartment?

    The average rent for a 2 Bedroom Apartment in Panama City is $1,670.

    What is the largest available 2 Bedroom Panama City Apartment for rent?

    Today's apartment with the most square footage in Panama City is a 1,560 square feet unit starting from $1,935 at Arbor Landing Mill Bayou.

    What is the average size for Panama City 2 Bedroom Apartments for rent?

    The average size for a 2 Bedroom rental in Panama City is currently 1,112 sq ft.

    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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    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.

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    Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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    How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

    Written by: Robin Stewart

    Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.