
Cheap Apartments for Rent in the SweetBay Neighborhood of Panama City, FL from $1,100 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the SweetBay area of Panama City.


Waterstone at Jenks

The Lory of Panama City

The Residences At SweetBay
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Exchange at North Bay

Eagles Landing Luxury Apartment Homes

The Kelly at 23rd Luxury Apartments

3923 Molina Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
SweetBay, Panama City, FL Local Guide

How much does it cost to rent an apartment in SweetBay?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
SweetBay 1 Bedroom Apartments | $1,495 | $1,135 | $1,830 |
SweetBay 2 Bedroom Apartments | $1,709 | $1,235 | $2,244 |
SweetBay 3 Bedroom Apartments | $1,979 | $1,505 | $2,747 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the SweetBay Neighborhood of Panama City, FL.
See all Apartments in Panama CityExplore Panama City
SweetBay, Panama City, FL Local Guide
- Nearby Panama City neighborhoods
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- ZIP codes
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Cheapest Available SweetBay Apartments for Rent
 The cheapest available apartment rental in the SweetBay area of Panama City, FL is a 2 Beds unit found at Aztec Villa Apartments priced from $1,235. Waterstone at Jenks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable SweetBay apartments for rent in Panama City, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aztec Villa Apartments | Two Bedroom | 2BR,2BA | $1,235 |
Waterstone at Jenks | The Sapphire | 1BR,1BA | $1,299 |
The Lory of Panama City | The Valley | 2BR,2BA | $1,300 |
Best Value Apartments for Rent in SweetBay, FL
As of June 02, 2025 the best value apartment in the SweetBay area is the $1.34 price per square foot Palm B Model at Parkview at Lynn Haven in the in the SweetBay neighborhood starting from $2,000. The second greatest value SweetBay apartment is the Western Sandpiper Model at The Enclave starting at $1,575 with a $1.38 price per square foot in the Downtown Panama City neighborhood. Here is today’s list of the best values for SweetBay apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkview at Lynn Haven | Palm B | 3BR,2.5BA | $1.34 |
The Enclave | Western Sandpiper | 2BR,2BA | $1.38 |
Arbor Trace Apartment Homes | Tupelo | 1BR,1BA | $1.31 |
Aztec Villa Apartments | Two Bedroom | 2BR,2BA | $1.15 |
Waterstone at Jenks | The Sapphire | 1BR,1BA | $1.32 |
Eagles Landing Luxury Apartment Homes | The Hummingbird | 1BR,1BA | $1.47 |
The Kelly at 23rd Luxury Apartments | A1 | 1BR,1BA | $2.00 |
The Lory of Panama City | The Spring | 1BR,1BA | $1.86 |
The Residences At SweetBay | A1- The Bay Breeze | 1BR,1BA | $2.06 |
Exchange at North Bay | A1 | 1BR,1BA | $2.27 |
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.
Pet Friendly LifestyleSweetbay, Panama City, FL
Ranked #1
Among neighborhoods in Panama City, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the SweetBay Neighborhood in Panama City, FL
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap SweetBay Apartments
How much is rent for a Cheap One Bedroom SweetBay Apartment?
The lowest price for a Cheap One Bedroom SweetBay Apartment is $1,299 at Waterstone at Jenks.
What is the lowest price for a Cheap Two Bedroom SweetBay Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in SweetBay is starting from $1,235 at Aztec Villa Apartments.
What is the most affordable SweetBay Three Bedroom Apartment?
The best deal on a cheap SweetBay Three Bedroom Apartment rental is at Arbor Trace Apartment Homes and starts from $1,710.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.