Cheap Apartments for Rent in the SweetBay Neighborhood of Panama City, FL from $800 (33 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 1349 Capri Dr

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895
Total Monthly Price
$1,895

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1349 Capri Dr

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.

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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.

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Showing Results 1-33, Page 1 of 1

SweetBay, Panama City, FL Local Guide

Cheapest Available SweetBay Apartments for Rent

 

The cheapest available apartment rental in the SweetBay area of Panama City, FL is a Studio unit found at Northgate Terrace I priced from $935. Andrews Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,037. Here are the most affordable SweetBay apartments for rent in Panama City, FL:

Apartment ListingModel NameBed/BathPriced From
Northgate Terrace IThe Kenley IIStudio,1BA$935
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1,037
Pinnacle at Hammock Square2x22BR,2BA$1,125
Tranquility at Saint AndrewsB32BR,2BA$1,151
Pinnacle at Hammock Place2x22BR,2BA$1,180
Exchange at North BayA-11BR,1BA$1,215
Turtle LakeThe Sunset2BR,1BA$1,295
Waterstone at JenksThe Sapphire1BR,1BA$1,299
The Lory of Panama CityThe Spring1BR,1BA$1,300
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1,395

Best Value Apartments for Rent in SweetBay, FL

As of July 26, 2026 the best value apartment in the SweetBay area is the $1.31 price per square foot Palm B Model at Parkview at Lynn Haven in the in the SweetBay neighborhood starting from $1,950. The second greatest value SweetBay apartment is the Great Blue Heron Model at The Enclave starting at $1,700 with a $1.15 price per square foot in the SweetBay neighborhood. Here is today’s list of the best values for SweetBay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkview at Lynn HavenPalm B3BR,2.5BA$1.31
The EnclaveGreat Blue Heron3BR,2BA$1.15
Arbor Trace Apartment HomesSilver Bell2BR,2BA$1.14
Tranquility at Saint AndrewsB12BR,2BA$0.98
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1.19
Pinnacle at Hammock Square2x22BR,2BA$1.07
Pinnacle at Hammock Place2x22BR,2BA$1.13
Waterstone at JenksThe Sapphire1BR,1BA$1.32
Turtle LakeThe Sunset2BR,1.5BA$1.44
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1.19

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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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
Sweetbay, Panama City, FL

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap SweetBay Apartments

What is the price of a cheap apartment in SweetBay?

The cheapest apartment in SweetBay is Andrews Place Apartments which is listed at $1,037, while the average apartment in SweetBay costs $1,800.

What types of apartments are the cheapest in SweetBay?

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 SweetBay 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 SweetBay?

Cheap apartments in SweetBay have an average cost of $284 which is $1,516 cheaper than the average rent for all rentals in SweetBay.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.