Cheap Apartments for Rent in the SweetBay Neighborhood of Panama City, FL from $895 (27 Rentals)

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

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Westwood Village
Rent Specials
$1,064 - $1,599

Total Monthly Price

Base Rent$1,064 - $1,599
Total Monthly Price$1,064 - $1,599
1 to 2 Bedroom Apartments Available Oct 1

Westwood Village

2203 Beck AvePanama City, FL 32405
Affordability
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  • Utilities Included
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property at 300 W 23rd Pl
$2,011

Total Monthly Price

Base Rent$2,011
Total Monthly Price$2,011
2 Bedroom, 1 Bath Home for Rent
Available Nov 15
Furnished

300 W 23rd Pl

Panama CityFL32405

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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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Edgewood Apartments
1 to 4 Bedroom Apartments

Edgewood Apartments

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

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Showing Results 1-27, 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
Tranquility at Saint AndrewsB32BR, 2BA$1,151
Pinnacle at Hammock Place2x22BR, 2BA$1,180
The Lory of Panama CityThe Spring1BR, 1BA$1,199
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR, 2BA$1,220
Exchange at North BayA-11BR, 1BA$1,279
Turtle LakeThe Lakeview2BR, 2BA$1,345
The Kelly at 23rd Luxury ApartmentsA1S1BR, 1BA$1,348
Arbor Trace Apartment HomesTupelo1BR, 1BA$1,359

Best Value Apartments for Rent in SweetBay, FL

As of September 19, 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 SweetBay neighborhood starting from $1,950. The second greatest value SweetBay apartment is the Great Blue Heron Model at The Enclave in the SweetBay neighborhood starting at $1,700 with a $1.15 price per square foot. 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
Tranquility at Saint AndrewsB12BR, 2BA$0.98
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR, 2BA$1.19
Arbor Trace Apartment HomesTupelo1BR, 1BA$1.26
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR, 2BA$1.14
Pinnacle at Hammock Place2x22BR, 2BA$1.13
Turtle LakeThe Sunset2BR, 1.5BA$1.45
Andrews Place Apartments1 Bed 1 Bath1BR, 1BA$1.19
The Lory of Panama CityThe Spring1BR, 1BA$1.71

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 $1,509.

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 20 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 $227 which is $1,282 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

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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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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.