
Cheap Apartments for Rent in the Pretty Bayou Neighborhood of Panama City, FL from $900 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pretty Bayou area of Panama City.


Andrews Place Apartments

Westwood Village

Turtle Lake

Tranquility at Saint Andrews

4117 W 22nd St
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.

Aztec Villa Apartments

Stanford Pointe

Exchange at North Bay

3701 Burnham Way

Residences at SweetBay

Pointe Grand Panama City
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.

2175 Frankford Ave, Unit C101

Edgewood Apartments

Vieux Carre Apartments

1930 W 24th St

1222 Stephen Dr

2224 Edgewood Dr
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.
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 | $1,372 | $1,015 | $1,823 |
| Pretty Bayou 2 Bedroom Apartments | $1,632 | $1,151 | $2,263 |
| Pretty Bayou 3 Bedroom Apartments | $1,813 | $1,322 | $2,505 |
Browse Apartments in this Neighborhood
There are currently 18 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 $1,015. Aztec Villa Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,220. 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 | $1,015 |
| Aztec Villa Apartments | Two Bedroom with Washer & Dryer | 2BR,2BA | $1,220 |
| Exchange at North Bay | A-1 | 1BR,1BA | $1,265 |
| Residences at SweetBay | A1 | 1BR,1BA | $1,409 |
| Pointe Grand Panama City | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1,440 |
Best Value Apartments for Rent in Pretty Bayou, FL
As of June 12, 2026 the best value apartment in the Pretty Bayou area is the $1.23 price per square foot 2 Bedroom, 2 Bathroom Model at Pointe Grand Panama City in the in the Downtown Panama City neighborhood starting from $1,440. The second greatest value Pretty Bayou apartment is the Two Bedroom with Washer & Dryer Model at Aztec Villa Apartments starting at $1,220 with a $1.14 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 | $1.23 |
| Aztec Villa Apartments | Two Bedroom with Washer & Dryer | 2BR,2BA | $1.14 |
| Andrews Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.16 |
| Residences at SweetBay | A1 | 1BR,1BA | $2.17 |
| Exchange at North Bay | A-1 | 1BR,1BA | $2.12 |
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.
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 LifestylePretty Bayou, Panama City, FL
Ranked #2
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,015 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 $1,220 at Aztec Villa 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 $1,430.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.