3 Bedroom Apartments for Rent in Panama City, FL (74 Rentals)

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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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Sunset Village
Rent Specials
$2,255 - $2,305
Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $2,823
Required Monthly Fees
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Total Monthly Price
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3 Bedroom Apartments Available Now

Sunset Village

5284 Emma Grace DrPanama City, FL 32404
Pet Friendly
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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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Landmark Condominiums
3 Bedroom Apartments

Landmark Condominiums

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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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
  • Utilities Included
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2823 Susan Ave
3 Bedroom Apartments

2823 Susan Ave

2823 Susan AvePanama City, FL 32408

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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1006 McKenzie Ave
3 Bedroom Apartments

1006 McKenzie Ave

1006 McKenzie AvePanama City, FL 32401
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1111 Fortune Ave
3 Bedroom Apartments

1111 Fortune Ave

1111 Fortune AvePanama City, FL 32401
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Hilltop Pointe
3 Bedroom Apartments

Hilltop Pointe

4514 Hilltop LnPanama City, FL 32405
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Fletcher Black
3 Bedroom Apartments

Fletcher Black

875 W 11th StPanama City, FL 32401
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260 Ryder Ln
3 Bedroom Apartments

260 Ryder Ln

260 Ryder LnPanama City, FL 32404
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The Arbors @ 15th
3 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
  • Utilities Included
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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
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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: March 17, 2026

There are currently 66 available 3 Bedroom apartment units in Panama City, FL neighborhoods that range in price from $1,139 to $2,544. Heres is today's list of the top neighborhoods in Panama City with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
SweetBay41$1,774$1,299
Pretty Bayou19$1,625$1,313
Downtown Panama City6$1,875$1,139

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 $1,779. Sunset Village has the second largest 3 Bedroom, which is sized at 1,641 square feet and currently listed start at $2,360. 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$1,779
Sunset VillageAria1,641 Sq Ft$2,360
The EnclaveBelted Kingfisher1,613 Sq Ft$1,995
Arbor Landing Mill BayouThe Bald Cypress Upper1,610 Sq Ft$1,999
Arbor Crossing at Mill BayouThe Pond Cypress Upper1,610 Sq Ft$2,110
Parkview at Lynn HavenPalm A1,515 Sq Ft$1,900
Aztec VillaThree Bedroom with Washer & Dryer1,382 Sq Ft$1,630
MAA Emerald CoastThe Watersound1,364 Sq Ft$1,596
Waterstone at JenksThe Onyx1,361 Sq Ft$1,799
Sovereign at North BayThree Bedrooms1,128 Sq FtCall for Rates

Cheapest Available Panama City 3 Bedroom Apartments

As of March 17, 2026 the lowest priced 3 Bedroom apartment unit in Panama City, FL is the Oakland Model starting from $775 at The Arbors @ 15th in the Downtown Panama City neighborhood. The second most affordable Panama City 3 Bedroom is the 3 bedrooms Model at Cedar Trace Apartments starting at $1,150 . The average price for all 3 Bedroom apartments in Panama City is currently $1,876. Here is today’s list of the cheapest available 3 Bedroom options in Panama City:

Apartment ListingModel NamePriced From
The Arbors @ 15thOakland$775
Cedar Trace Apartments3 bedrooms$1,150
Pinnacle at Hammock Place3x2$1,304
Stanford PointeThree Bedroom$1,313
10X Panama City BeachC1$1,538
Turtle LakeThe Bayview$1,545
The Place at Grand LagoonC1$1,596
MAA Emerald CoastThe Watersound$1,596
Aztec VillaThree Bedroom with Washer & Dryer$1,630

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.

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Don'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.

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The 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.

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Cash 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.

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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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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 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 $1,876.

    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 $1,779 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 1,611 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 Renting with Roommates: Realistic Expectations for Shared Lease article

    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.

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    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.

    decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

    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.

    decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

    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.