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

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article
property at 6214 E Azalea Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 2 Bath Home for Rent

Available Now

6214 E Azalea Ave

Panama CityFL32408

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Read Article
property at 3415 W 19th St

$1,700 - $1,800

2 Bedroom Rentals

Available Now

3415 W 19th St

Panama CityFL32405
property at 17545 Front Beach Rd

$4,107

Total Monthly Price

Total Monthly Price

Base Rent
$4,107
Total Monthly Price
$4,107

2 Bedroom, 2 Bath Home for Rent

Available Jul 17

17545 Front Beach Rd

Panama CityFL32413

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.

Read Article
Showing Results 1-50, Page 1 of 5

Panama City, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Panama City 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 16, 2026

There are currently 135 available 2 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $850 to $2,022. Heres is today's list of the top neighborhoods in Panama City with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
SweetBay67$1,579$1,125
Pretty Bayou41$1,599$1,223
Downtown Panama City23$1,579$850
St Andrews4$1,340$1,223

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 Crossing at Mill Bayou has the second largest 2 Bedroom, which is sized at 1,560 square feet and currently listed start at $1,909. 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 Crossing at Mill BayouThe Cardinal Flower Upper1,560 Sq Ft$1,909
The EnclaveSandhill Crane1,557 Sq Ft$1,875
Arbor Trace Apartment HomesLaurel Oak1,446 Sq Ft$1,579
Covey Homes Grand LagoonCoconut1,419 Sq Ft$1,900
Waterstone at JenksThe Emerald1,269 Sq Ft$1,499
Exchange at the Beach2 Bedroom1,255 Sq Ft$1,650
Pointe Grand Panama City2 Bedroom, 2 Bathroom1,170 Sq Ft$1,579
The Reserve at Northshore2 Bed 2 Bath (D)1,165 Sq Ft$1,385
Sovereign at North BayTwo bedrooms984 Sq FtCall for Rates

Cheapest Available Panama City 2 Bedroom Apartments

As of May 16, 2026 the lowest priced 2 Bedroom apartment unit in Panama City, FL is the 2 bedroom Model starting from $1,000 at Cedar Trace Apartments . The second most affordable Panama City 2 Bedroom is the 2 Bed 2.5 Bath Unit Model at Tyndall Pointe Townhomes starting at $1,108 . The average price for all 2 Bedroom apartments in Panama City is currently $1,656. Here is today’s list of the cheapest available 2 Bedroom options in Panama City:

Apartment ListingModel NamePriced From
Cedar Trace Apartments2 bedroom$1,000
Tyndall Pointe Townhomes2 Bed 2.5 Bath Unit$1,108
Pinnacle at Hammock Place2x2$1,130
Andrews Place Apartments2 Bed 2 Bath$1,223
Westwood VillageThe Hibiscus$1,280
Bay Front Apartments2 Bed, 1 Bath (Reno)$1,300
Turtle LakeThe Sunset$1,305
The Reserve at Northshore2 Bed 2 Bath (D)$1,385
The Place at Grand LagoonB1$1,442

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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.

Best Local Schools in
Panama City, FL

School data provided by Great Schools

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

Explore Panama City, FL Rentals by Map

Decorative image of map

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

View Map
Panama City, FL Apartments Map
View Map
Panama City, FL Rental Homes Map

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

    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 $1,656.

    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 1,029 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

    decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

    A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

    Written by: Lauren Harrington

    I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

    decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

    Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

    Written by: Lauren Harrington

    This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

    decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

    What Does “Rent Burdened” Mean? How Much Rent Is Too Much

    Written by: Lauren Harrington

    This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

    decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

    Maximizing Your Refund: Essential Tax Tips for Renters

    Written by: Christine Leonard, Esq.

    Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.