1527 Grace Ave
Panama CityFL32405
Cheap Homes for Rent in Downtown Panama City Neighborhood of Panama City, FL from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Panama City area of Panama City.
1617 E 7th St
Panama CityFL32401
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.
807 E 10th St
Panama CityFL32401
705 Satsuma Ave
Panama CityFL32401
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.
Showing Results 1-4, Page 1 of 1
Downtown Panama City, Panama City, FL Local Guide
Bunkers Cove by Flickr User: aggie85 is licensed under CC BY 2.0
How much does it cost to rent a home in Downtown Panama City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Panama City 2 Bedroom Homes for Rent | $1,566 | $925 | $1,975 |
| Downtown Panama City 3 Bedroom Homes for Rent | $1,609 | $1,250 | $2,200 |
| Downtown Panama City 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Downtown Panama City 5 Bedroom Homes for Rent | $2,699 | $2,699 | $2,699 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Panama City Neighborhood of Panama City, FL.
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Downtown Panama City, Panama City, FL Local Guide
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Best Value Apartments for Rent in Downtown Panama City, FL
As of May 22, 2025 the best value apartment in the Downtown Panama City area is the $1.34 price per square foot Herring Gull Model at The Enclave in the in the Downtown Panama City neighborhood starting from $1,600. The second greatest value Downtown Panama City apartment is the The Hummingbird Model at Eagles Landing Luxury Apartment Homes starting at $1,359 with a $1.47 price per square foot in the Downtown Panama City neighborhood. Here is today’s list of the best values for Downtown Panama City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Enclave | Herring Gull | 2BR,2BA | $1.34 |
| Eagles Landing Luxury Apartment Homes | The Hummingbird | 1BR,1BA | $1.47 |
| Stanford Pointe | 1bd/1ba Phase II | 1BR,1BA | $1.66 |
| The Kelly at 23rd Luxury Apartments | A1 | 1BR,1BA | $2.00 |
| The Lory of Panama City | The Spring | 1BR,1BA | $1.86 |
| The Residences At SweetBay | A2- The Coastal Retreat | 1BR,1BA | $2.20 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Panama City
What type of rentals are currently available in Downtown Panama City?
There are currently 42 Apartments for Rent in Downtown Panama City, FL with pricing that ranges from $925 to $2,769. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Panama City ranging from $925 to $2,699.
What is the current price range for Rental Homes in Downtown Panama City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Panama City ranges from $925 to $2,699 with an average monthly rent of $2,018.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.