3 Bedroom Apartments for Rent in Panama City, FL (65 Rentals)

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The Arbors @ 15th
3 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
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Panama Commons
3 Bedroom Apartments

Panama Commons

1001 Sherman AvePanama City, FL 32401
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Tyndall AFB Homes
3 Bedroom Apartments

Tyndall AFB Homes

4700 Sentry LnPanama City, FL 32403
Military
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Westshore Palms
3 Bedroom Apartments

Westshore Palms

4141 E 15th StPanama City, FL 32404
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Sand Dunes Apartments
3 Bedroom Apartments

Sand Dunes Apartments

8011 Front Beach RdPanama City, FL 32407
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Edgewood Apartments
3 Bedroom Apartments

Edgewood Apartments

3325 W 23rd StPanama City, FL 32405
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260 Ryder Ln
3 Bedroom Apartments

260 Ryder Ln

260 Ryder LnPanama City, FL 32404
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Fletcher Black
3 Bedroom Apartments

Fletcher Black

875 W 11th StPanama City, FL 32401
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Hilltop Pointe
3 Bedroom Apartments

Hilltop Pointe

4514 Hilltop LnPanama City, FL 32405
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1006 McKenzie Ave
3 Bedroom Apartments

1006 McKenzie Ave

1006 McKenzie AvePanama City, FL 32401
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814 Oak Ave
3 Bedroom Apartments

814 Oak Ave

814 Oak AvePanama City, FL 32401
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Baldwin Rowe
3 Bedroom Apartments

Baldwin Rowe

1300 Baldwin Rowe CirPanama City, FL 32405
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2100 W Beach Dr
3 Bedroom Apartments

2100 W Beach Dr

2100 W Beach DrPanama City, FL 32401
Furnished
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Harbour Village
3 Bedroom Apartments

Harbour Village

3001 W 10th StPanama City, FL 32401
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NSA Panama City Homes
3 Bedroom Apartments

NSA Panama City Homes

113 Pelican LnPanama City, FL 32407
Military
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Showing Results 1-50, Page 1 of 2

Panama City, FL Local Guide

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

Panama City 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: August 04, 2025

There are currently 29 available 3 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $1,505 to $2,761. Heres is today's list of the top neighborhoods in Panama City with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
SweetBay18$1,850$1,505
Pretty Bayou6$1,979$1,505
Downtown Panama City5$2,000$1,800

Largest Available Panama City 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Panama City, FL is found at Arbor Trace Apartment Homes in the SweetBay neighborhood and is 1,671 square feet priced from $1,775. Sunset Village has the second largest 3 Bedroom, which is sized at 1,641 square feet and currently listed start at $2,180. Here is today’s list of the largest available 3 Bedroom units in Panama City:

Apartment ListingModel NameSquare FootagePriced From
Arbor Trace Apartment HomesRiver Birch1,671 Sq Ft$1,775
Sunset VillageAria1,641 Sq Ft$2,180
Arbor Landing Mill BayouThe Bald Cypress Upper1,610 Sq Ft$2,070
Arbor Crossing at Mill BayouThe Pond Cypress Upper1,610 Sq Ft$2,110
The EnclaveSanderling1,538 Sq Ft$1,775
Parkview at Lynn HavenPalm A1,515 Sq Ft$1,800
Sovereign at North BayThree Bedrooms1,128 Sq FtCall for Rates

Cheapest Available Panama City 3 Bedroom Apartments

As of August 04, 2025 the lowest priced 3 Bedroom apartment unit in Panama City, FL is the Three Bedroom Model starting from $1,505 at Aztec Villa Apartments in the SweetBay neighborhood. The second most affordable Panama City 3 Bedroom is the Sweet Magnolia Model at Arbor Trace Apartment Homes starting at $1,710 . The average price for all 3 Bedroom apartments in Panama City is currently $2,078. Here is today’s list of the cheapest available 3 Bedroom options in Panama City:

Apartment ListingModel NamePriced From
Aztec Villa ApartmentsThree Bedroom$1,505
Arbor Trace Apartment HomesSweet Magnolia$1,710
MAA Emerald CoastThe Watersound$1,713
The EnclaveGreat Blue Heron$1,725
Waterstone at JenksThe Onyx$1,750
Arbor Landing Mill BayouThe Royal Fern$1,775
North Bay LandingsTownhome$1,880
Arbor Crossing at Mill BayouThe Cinnamon Fern$1,889
Covey Homes Grand LagoonMint$1,900
The Kelly at 23rd Luxury ApartmentsC1$1,950

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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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Getting Around Panama City, FL

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

12 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 3 Bedroom Panama City Apartments

    How much is the average rent for a 3 Bedroom Panama City Apartment?

    The average rent for a 3 Bedroom Apartment in Panama City is $2,078.

    What is the largest available 3 Bedroom Panama City Apartment for rent?

    Today's apartment with the most square footage in Panama City is a 1,671 square feet unit starting from $1,775 at Arbor Trace Apartment Homes.

    What is the average size for Panama City 3 Bedroom Apartments for rent?

    The average size for a 3 Bedroom rental in Panama City is currently 1,437 sq ft.

    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.