Cheap Apartments for Rent in the Pretty Bayou Neighborhood of Panama City, FL from $800 (13 Rentals)

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

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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.

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1930 Flower Ave
2 Bedroom Apartments

1930 Flower Ave

1930 Flower AvePanama City, FL 32405
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1830 High Ave
Studio Apartments

1830 High Ave

1830 High AvePanama City, FL 32405
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Edgewood Apartments
1 to 4 Bedroom Apartments

Edgewood Apartments

3325 W 23rd StPanama City, FL 32405
  • Utilities Included
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Pine Wood Village
1 to 2 Bedroom Apartments

Pine Wood Village

4455 W 19th StPanama City, FL 32405

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Heritage Apartments
1 to 4 Bedroom Apartments

Heritage Apartments

2175 Frankford AvePanama City Beach, FL 32405

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 Westwood Village priced from $1,075. Exchange at North Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here are the most affordable Pretty Bayou apartments for rent in Panama City, FL:

Apartment ListingModel NameBed/BathPriced From
Westwood VillageThe Anise1BR,1BA$1,075
Exchange at North BayA-11BR,1BA$1,280
Turtle LakeThe Sunset2BR,1BA$1,305
Aztec VillaThree Bedroom3BR,2BA$1,505
Residences at SweetBayB12BR,2BA$1,548

Best Value Apartments for Rent in Pretty Bayou, FL

As of November 15, 2025 the best value apartment in the Pretty Bayou area is the $1.09 price per square foot Three Bedroom Model at Aztec Villa in the in the SweetBay neighborhood starting from $1,505. The second greatest value Pretty Bayou apartment is the 2 Bedroom, 2 Bathroom Model at Pointe Grand Panama City starting at $1,600 with a $1.37 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.
Aztec VillaThree Bedroom3BR,2BA$1.09
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1.37
Stanford PointeTwo Bedroom2BR,2BA$1.39
Turtle LakeThe Bayview3BR,2.5BA$1.19
Residences at SweetBayB3 ALT2BR,2BA$1.68
Westwood VillageThe Anise1BR,1BA$1.43
Exchange at North BayA-11BR,1BA$2.14

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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Quick 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.

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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

3.0
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!

Getting Around the Pretty Bayou Neighborhood in Panama City, FL

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

7 / 100

Minimal Transit

It may be possible to get on a bus

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 $1,075 at Westwood Village.

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 $1,305 at Turtle Lake.

What is the most affordable Pretty Bayou Three Bedroom Apartment?

The best deal on a cheap Pretty Bayou Three Bedroom Apartment rental is at Aztec Villa and starts from $1,505.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.