
Cheap Apartments for Rent in the Pretty Bayou Neighborhood of Panama City, FL from $900 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pretty Bayou area of Panama City.


Westwood Village

Stanford Pointe

Andrews Place Apartments

Aztec Villa Apartments

Turtle Lake
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1814-1816 Brown Ave

1830 High Ave

1945-1955 Karly Ct

1930 Flower Ave

Pine Wood Village

Edgewood Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Heritage Apartments
Pretty Bayou, Panama City, FL Local Guide

How much does it cost to rent an apartment in Pretty Bayou?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pretty Bayou 1 Bedroom Apartments | $1,337 | $983 | $1,783 |
| Pretty Bayou 2 Bedroom Apartments | $1,646 | $1,182 | $2,107 |
| Pretty Bayou 3 Bedroom Apartments | $1,881 | $1,313 | $2,611 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Pretty Bayou Neighborhood of Panama City, FL.
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Pretty Bayou, Panama City, FL Local Guide
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Cheapest Available Pretty Bayou Apartments for Rent
 The cheapest available apartment rental in the Pretty Bayou area of Panama City, FL is a 1 Bed unit found at Andrews Place Apartments priced from $983. Turtle Lake has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,230. Here are the most affordable Pretty Bayou apartments for rent in Panama City, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $983 |
| Turtle Lake | The Lakeview | 2BR,2BA | $1,230 |
| Exchange at North Bay | A-1 | 1BR,1BA | $1,260 |
| Westwood Village | The Hibiscus | 2BR,1BA | $1,280 |
| Residences at SweetBay | A1 | 1BR,1BA | $1,389 |
Best Value Apartments for Rent in Pretty Bayou, FL
As of April 26, 2026 the best value apartment in the Pretty Bayou area is the $1.35 price per square foot 2 Bedroom, 2 Bathroom Model at Pointe Grand Panama City in the in the Downtown Panama City neighborhood starting from $1,579. The second greatest value Pretty Bayou apartment is the The Hibiscus Model at Westwood Village starting at $1,280 with a $1.28 price per square foot in the SweetBay neighborhood. Here is today’s list of the best values for Pretty Bayou apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pointe Grand Panama City | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.35 |
| Westwood Village | The Hibiscus | 2BR,1.5BA | $1.28 |
| Turtle Lake | The Sunset | 2BR,1.5BA | $1.44 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
| Residences at SweetBay | A1 | 1BR,1BA | $2.14 |
| Exchange at North Bay | A-1 | 1BR,1BA | $2.11 |
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.
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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 LifestylePretty Bayou, Panama City, FL
Ranked #2
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Florida, including Panama City. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Pretty Bayou Apartments
How much is rent for a Cheap One Bedroom Pretty Bayou Apartment?
The lowest price for a Cheap One Bedroom Pretty Bayou Apartment is $983 at Andrews Place Apartments.
What is the lowest price for a Cheap Two Bedroom Pretty Bayou Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pretty Bayou is starting from $1,182 at Andrews Place Apartments.
What is the most affordable Pretty Bayou Three Bedroom Apartment?
The best deal on a cheap Pretty Bayou Three Bedroom Apartment rental is at Andrews Place Apartments and starts from $1,378.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.