
2 Bedroom Apartments for Rent in Panama City, FL (233 Rentals)


Total Monthly Price
Pointe Grand Panama City

The Kelly at 23rd Luxury Apartments

Total Monthly Price
Emerald Park

Exchange at North Bay

Arbor Landing Mill Bayou

Exchange at the Beach

Total Monthly Price
The Lory of Panama City

Westshore Palms

Waterstone at Jenks
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.

Eagles Landing Luxury Apartment Homes

The Enclave

Total Monthly Price
Residences at SweetBay

North Bay Landings

Total Monthly Price
Westwood Village

MAA Emerald Coast

Stanford Pointe

Andrews Place Apartments

Pelican Bay Apartment Homes

Total Monthly Price
Bayside Villas
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.

Aztec Villa Apartments

Tyndall Pointe Townhomes

Pinnacle at Hammock Place

Turtle Lake

Sovereign at North Bay

Northgate Terrace I

Bay Front Apartments

Spyglass Apartments

Cedar Trace Apartments

5931 Pinetree Ave
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.

6214 E Azalea Ave

3906 E 11th St, Unit #B

Total Monthly Price
5820 Hickory St, Unit Apt 2

3906 E 11th St, Unit #B

6913 Cherry St, Unit N

3117 Debra Blvd

2100 W Beach Dr, Unit F102

511 Massalina Dr

300 W 23rd Pl

3519 E 1st Ct
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.

8115 Thomas Dr

8115 Thomas Dr

5218 Beach Dr

5218 Beach Dr

3519 E 1st Ct

1000 Transmitter Rd

4050 Marriott Dr

723 S Berthe Ave

4122 Corbin Rd

2701 E 8th Ct
Panama City, FL Local Guide

How much does it cost to rent an apartment in Panama City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panama City Studio Apartments | $966 | $775 | $1,325 |
| Panama City 1 Bedroom Apartments | $1,312 | $799 | $1,938 |
Panama City 2 Bedroom Apartments | $1,601 | $850 | $4,462 |
| Panama City 3 Bedroom Apartments | $1,927 | $1,139 | $8,400 |
| Panama City 4 Bedroom Apartments | $2,544 | $1,500 | $4,250 |
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Panama City, FL Local Guide

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Panama City 2 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: April 01, 2026There are currently 158 available 2 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $850 to $2,353. Heres is today's list of the top neighborhoods in Panama City with the most available 2 Bedroom apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| SweetBay | 78 | $1,579 | $1,125 |
| Pretty Bayou | 59 | $1,579 | $1,182 |
| Downtown Panama City | 18 | $1,579 | $850 |
| St Andrews | 3 | $1,280 | $1,182 |
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 Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Arbor Landing Mill Bayou | The Twinflower Upper | 1,560 Sq Ft | $1,935 |
| Arbor Crossing at Mill Bayou | The Cardinal Flower Upper | 1,560 Sq Ft | $1,909 |
| The Enclave | Sandhill Crane | 1,557 Sq Ft | $1,875 |
| Arbor Trace Apartment Homes | Laurel Oak | 1,446 Sq Ft | $1,579 |
| Covey Homes Grand Lagoon | Coconut | 1,419 Sq Ft | $1,900 |
| Emerald Park | D Flat | 1,299 Sq Ft | $1,750 |
| The Reserve at Northshore | 2 Bedroom B-1 | 1,294 Sq Ft | $1,460 |
| Exchange at North Bay | B-5 | 1,208 Sq Ft | $1,949 |
| Exchange at the Beach | 2 Bedroom 120% | 1,177 Sq Ft | $1,617 |
| Pointe Grand Panama City | 2 Bedroom, 2 Bathroom | 1,170 Sq Ft | $1,579 |
Cheapest Available Panama City 2 Bedroom Apartments
As of April 01, 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 B2 Model at Bayside Villas starting at $1,099 . The average price for all 2 Bedroom apartments in Panama City is currently $1,601. Here is today’s list of the cheapest available 2 Bedroom options in Panama City:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Cedar Trace Apartments | 2 bedroom | $1,000 |
| Bayside Villas | B2 | $1,099 |
| Tyndall Pointe Townhomes | 2 Bed 2.5 Bath Unit | $1,108 |
| Pinnacle at Hammock Square | 2x2 | $1,125 |
| Pinnacle at Hammock Place | 2x2 | $1,130 |
| Andrews Place Apartments | 2 Bed 2 Bath | $1,182 |
| Stanford Pointe | Two Bedroom | $1,225 |
| Westwood Village | The Hibiscus | $1,280 |
| Turtle Lake | The Sunset | $1,285 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
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
See the most popular apartments and homes in Panama City, FL
Panama City, FL Area Reviews
Estrella
February 25, 2025Yo 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 $1,601.
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 1,061 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.