Cheap Apartments for Rent in the SweetBay Neighborhood of Panama City, FL from $800 (27 Rentals)

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

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.

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.

property at 1345 Capri Dr

$1,925 - $1,950

3 Bedroom Rentals

Available Now

1345 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

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 1 Bed unit found at Pinnacle at Hammock Place priced from $949. Andrews Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable SweetBay apartments for rent in Panama City, FL:

Apartment ListingModel NameBed/BathPriced From
Pinnacle at Hammock Place1x11BR,1BA$949
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1,015
Turtle LakeThe Seabreeze1BR,1BA$1,135
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR,2BA$1,220
The Reserve at Northshore1 Bed 1 Bath (B)1BR,1BA$1,275
Westwood VillageThe Hibiscus2BR,1BA$1,280
Exchange at North BayA-11BR,1BA$1,281
Eagles Landing Luxury Apartment HomesThe Hummingbird1BR,1BA$1,309
The EnclaveBlue Winged Teal1BR,1BA$1,350
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1,440

Best Value Apartments for Rent in SweetBay, FL

As of June 08, 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 Silver Bell Model at Arbor Trace Apartment Homes starting at $1,559 with a $1.14 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
Arbor Trace Apartment HomesSilver Bell2BR,2BA$1.14
Waterstone at JenksThe Onyx3BR,2BA$1.32
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1.23
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR,2BA$1.14
Pinnacle at Hammock Square2x22BR,2BA$1.07
Westwood VillageThe Hibiscus2BR,1.5BA$1.28
Eagles Landing Luxury Apartment HomesThe Hummingbird1BR,1BA$1.42
Andrews Place Apartments1 Bed 1 Bath1BR,1BA$1.16
Pinnacle at Hammock Place1x11BR,1BA$1.29

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

How much is rent for a Cheap One Bedroom SweetBay Apartment?

The lowest price for a Cheap One Bedroom SweetBay Apartment is $949 at Pinnacle at Hammock Place.

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 $1,125 at Pinnacle at Hammock Square.

What is the most affordable SweetBay Three Bedroom Apartment?

The best deal on a cheap SweetBay Three Bedroom Apartment rental is at Pinnacle at Hammock Place and starts from $1,304.

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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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.

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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.

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.