
Apartments for Rent in the Downtown Panama City Neighborhood of Panama City, FL (59 Rentals)


Total Monthly Price
The Kelly at 23rd Luxury Apartments

The Lory of Panama City

Northgate Terrace I

Sovereign at North Bay

1406 E 6th St, Unit A

240 Harmon Ave, Unit 212

112 N Gayle Ave

302 Penny Ct

930 Grace Ave
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.

316 Cherry St, Unit 24

820 Premier Dr

606 E 13th St

300 Mercedes Ave

307 Wilson Ave

709 E 10th St

1234 Grace Ave

530 E 5th Ct

601 E 4th Ct

388 Massalina Dr
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.

817 Premier Dr

163 W Park St

705 Satsuma Ave

1006 E 2nd Ct

106 N Macarthur Ave

100 Cherry St

112 N Gayle Ave

1827 Balboa Ave

908 Cone Ave

1006 McKenzie Ave
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

1105 Macarthur Ave

1041 Grace Ave

1342 MLK Blvd

1201 Grace Ave

1300-1304 Grace Ave

814 Oak Ave

The Park at Massalina

428 Mckenzie Ave

607 W 11th St

1703 E 7th St
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.

715 W 13th St

400 Harrison Ave

205 E 2nd Ct

Fletcher Black

521 E BEACH Dr

225 CHERRY St

807 CHERRY St

The Cove

Massalina Memorial Homes

The Arbors @ 15th
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.
Downtown Panama City, Panama City, FL Local Guide

How much does it cost to rent an apartment in Downtown Panama City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Panama City Studio Apartments | $935 | $935 | $935 |
| Downtown Panama City 1 Bedroom Apartments | $1,446 | $1,105 | $1,552 |
| Downtown Panama City 2 Bedroom Apartments | $1,609 | $1,250 | $1,821 |
| Downtown Panama City 3 Bedroom Apartments | $2,371 | $1,800 | $3,210 |
How much does it cost to rent a home in Downtown Panama City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,561 | $850 | $2,600 |
| 3 Bedroom Homes | $2,133 | $1,750 | $3,200 |
| 4 Bedroom Homes | $2,566 | $2,200 | $2,750 |
| 5 Bedroom Homes | $2,300 | $2,300 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Downtown Panama City Neighborhood of Panama City, FL.
See all Apartments in Panama CityExplore Panama City
Downtown Panama City, Panama City, FL Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleReal 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 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.
Pet Friendly LifestyleDowntown Panama City, Panama City, FL
Ranked #3
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown Panama City
What is the current pricing and availability for apartments for rent in the Downtown Panama City area of Panama City, FL?
As of today, July 31, 2026, there are currently 59 available Downtown Panama City apartments priced from $935 to $3,210, with an average monthly rent of $1,597.
What is the current price range for One Bedroom Downtown Panama City Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Panama City ranges from $1,105 to $1,552 with an average monthly rent of $1,446.
What does renting a Two Bedroom Apartment in Downtown Panama City cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Panama City range from $1,250 to $1,821. Today's average rental price for Two Bedrooms here is $1,609.
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

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.