Cheap Apartments for Rent in the Pretty Bayou Neighborhood of Panama City, FL from $900 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pretty Bayou area of Panama City.

property at 2521 Michigan Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 2 Bath Home for Rent

Available Now

2521 Michigan Ave

Panama CityFL32405

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property at 2175 Frankford Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Condo for Rent

Available Now

2175 Frankford Ave, Unit C101

2175 Frankford Ave
Panama CityFL32405
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Edgewood Apartments
1 to 4 Bedroom Apartments

Edgewood Apartments

3325 W 23rd StPanama City, FL 32405
  • Utilities Included

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.

Pretty Bayou, Panama City, FL Local Guide

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 $1,037. Tranquility at Saint Andrews has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,151. Here are the most affordable Pretty Bayou apartments for rent in Panama City, FL:

Apartment ListingModel NameBed/BathPriced From
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1,037
Tranquility at Saint AndrewsB32BR,2BA$1,151
Exchange at North BayA-11BR,1BA$1,219
Residences at SweetBayA11BR,1BA$1,502
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1,539

Best Value Apartments for Rent in Pretty Bayou, FL

As of July 31, 2026 the best value apartment in the Pretty Bayou area is the $0.98 price per square foot B1 Model at Tranquility at Saint Andrews in the in the SweetBay neighborhood starting from $1,151. The second greatest value Pretty Bayou apartment is the 2 Bedroom, 2 Bathroom Model at Pointe Grand Panama City starting at $1,539 with a $1.32 price per square foot in the Downtown Panama City neighborhood. Here is today’s list of the best values for Pretty Bayou apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tranquility at Saint AndrewsB12BR,2BA$0.98
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1.32
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1.19
Residences at SweetBayA11BR,1BA$2.32
Exchange at North BayA-11BR,1BA$2.04

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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Real 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.

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Pet Friendly Lifestyle
Pretty Bayou, Panama City, FL

Ranked #2

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

What is the price of a cheap apartment in Pretty Bayou?

The cheapest apartment in Pretty Bayou is Andrews Place Apartments which is listed at $1,037, while the average apartment in Pretty Bayou costs $1,561.

What types of apartments are the cheapest in Pretty Bayou?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Pretty Bayou that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Pretty Bayou?

Cheap apartments in Pretty Bayou have an average cost of $394 which is $1,167 cheaper than the average rent for all rentals in Pretty Bayou.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.