Houses & Townhomes for Rent in Panama City, FL

House for rent at 220 Pelican Way, Panama City, FL 32408

Beautiful 3 bedroom 2 bath located off of North Lagoon. Large open living dining, kitchen with Split bedroom floor plan, fenced back yard, screened in porch with 2 car garage.

House for rent at 7608 Sunset Ave, Panama City, FL 32408

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Managed by Century 21 Ryan Realty

$2,300

House3 Beds3 Baths1,680 ft²

7608 Sunset Ave

Panama City, FL 32408

For lease - Walking distance to the beach. This awesome beach house has an upper and lower unit located in the South Lagoon area. Upper' has an exterior staircase going up to the front door and extended deck that spans the backside of the home. It has 2 BR/2 Ba with spacious living room and vinyl plank flooring throughout. Kitchen includes all appliances and has a custom breakfast-bar with accent lighting. Crown molding with accent lighting wraps around the living and dining areas illuminating the ceiling at night. The master has an ensuite bathroom with tub/shower combo.

Townhouse for rent at 5936 Callaway Circle, Panama City, FL 32404

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Managed by All County Diamond

$1,775

Townhouse3 Beds2.5 Baths1,519 ft²

5936 Callaway Circle

Panama City, FL 32404

Move in by February 1st and receive $300 off your first month's rent on this rental. Don't miss this limited-time offer-contact us today to schedule a viewing. Welcome to this charming 3-bedroom, 2.5-bath townhome located in the Sentinel Pointe community. This elegant home offers a blend of comfort and style, perfect for your next rental experience. Enjoy plush carpeting in all three bedrooms, providing a cozy retreat for relaxation. The rest of the home features Luxury Vinyl Plank (lvp) flooring, adding a touch of sophistication and ease of maintenance.

Managed by Palm Realty & Property Management Services

$1,350

House2 Beds1.5 Baths972 ft²

132 Cheri Lane

Panama City, FL 32404

Welcome to 132 Cheri Lane, presented by Palm Realty & Property Management Services. We have several units available for lease. For more information and to schedule a showing, please contact us. Dogs Allowed.

House for rent at 300 N James Ave, Panama City, FL 32401

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Managed by ERA Neubauer Real Estate

$1,450

House3 Beds1 Bath1,225 ft²

300 N James Ave

Panama City, FL 32401

Welcome to your cozy retreat. This delightful 3-bedroom, 1-bathroom home is situated on a lovely corner lot and boasts a host of modern upgrades, making it the ideal spot for comfortable, long-term living. Key Features: Modern Upgrades: Enjoy new flooring throughout the home, providing a fresh and stylish look. The bathroom features a new tub insert, adding a touch of luxury to your daily routine. Convenient Laundry: The laundry room is equipped with washer/dryer connections, making laundry days a breeze. Inviting Living Spaces: The covered front porch is perfect for relaxing with a morning coffee or unwinding in the evening.

House for rent at 2119 Orlando Rd, Panama City, FL 32405

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Managed by Century 21 Commander Realty

$2,500

House4 Beds2.5 Baths2,535 ft²

2119 Orlando Rd

Panama City, FL 32405

Large 4/2.5 single family home on a large corner lot. Home has a breakfast area off of the kitchen, family room, formal dining room and formal living room. Sliding glass door in master bedroom leads to a large patio in the back yard. All property sizes and ages are approximate, please measure and/or verify if important. School assignments are subject to change, please check with Bay County for most accurate information. Deposit is the same as the rent. Lawn service included. No Pets Are Not Allowed. Washer And Dryer Are Not Warrantied. Dishwasher, Refrigerator, Cook Top & Built-In Oven.

House for rent at 1437 Parkway Dr, Panama City, FL 32404

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Managed by ERA Neubauer Real Estate

$3,000

House3 Beds2.5 Baths2,370 ft²

1437 Parkway Dr

Panama City, FL 32404

Welcome to this beautiful waterfront home in highly sought-after Donalson Point. This spacious house features 3 bedrooms and 2.5 bathrooms, providing ample space for you to create your perfect living environment. As you step inside, you'll be greeted by a cozy fireplace, perfect for those chilly evenings. The large Florida room is a versatile space that can be used as a home office, gym or simply a place to relax and enjoy the stunning views. With it's waterfront location, you'll have the opportunity to indulge in the serenity of the surrounding nature and enjoy breathtaking sunsets.

Townhouse for rent at 6903 N Lagoon Dr, Panama City, FL 32408

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Managed by LSI Property Management

$1,800

Townhouse2 Beds2.5 Baths1,080 ft²

6903 N Lagoon Dr

Panama City, FL 32408

Great furnished town home in the N. Lagoon area of Panama City Beach. This unit is located in a lagoon front complex featuring a community pool. The unit is completely furnished and includes a stack-able washer and dryer and carport. This property has cable, Wifi, water, trash, sewer and lawn care all provided. All new deck and dock at the property, if you like to fish or crab this is the perfect property for you to enjoy. Showings to begin Monday July 13th. Community Pool, Water, Sewer, Trash, Basic Cable, Lawn Care & Pool Service. Dogs Allowed.

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Managed by LSI Property Management

$1,995

House3 Beds2 Baths1,225 ft²

4007 Silver Sands Rd

Panama City, FL 32408

Introducing a stunning 3 bedroom, 2 bathroom house located in the desirable Panama City Beach, FL. This beautifully renovated home features new paint and updated flooring throughout, creating a fresh and modern living space. The spacious kitchen comes equipped with a fridge and stove, perfect for preparing meals and entertaining guests. With washer and dryer hookups available, laundry day is made convenient and easy. The extra large parking space provides ample room for multiple vehicles. Stove, Fridge, New Paint, Updated Flooring, Wahser And Dryer Hookups & Extra Large Parking Space.

House for rent at 8500 Sun Point Dr, Panama City, FL 32404

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Managed by Full Sail Realty of Nwfl

$2,250

House4 Beds2 Baths1,987 ft²

8500 Sun Point Dr

Panama City, FL 32404

This is the best floorplan offering 4 bedrooms / 2 baths Plus a bonus room for office or possible 5th bedroom. Nestled in the community of Park Place in Callaway, FL with 1987 sq ft of living space. This is a new subdivision with sidewalks, street lights, underground utilites, a community pool and playground. Location is just a few minutes from Tafb. Also conveniently located near schools, parks and shopping. Dishwasher, Electric Stove, Island, Microwave, Oven, Pantry, Refrigerator, Trash Compactor, Carpet, Laminate, Dining Room, Living Room, Air Conditioning, Alarm System, Blinds, Ceiling Fan, Lawn, Porch & Pet Friendly.

House for rent at 3912 W 25th St, Panama City, FL 32405

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Managed by CRPM CCC Property Management GROUP

$1,350

House2 Beds1 Bath850 ft²

3912 W 25th St

Panama City, FL 32405

Available 2/28/25. Currently Occupied. Charming 2 Bedroom, 1 Bath Home Near Colleges - Off Michigan. Welcome to your new home. This delightful 2-bedroom, 1-bathroom residence is located in a prime area close to colleges, off Michigan. With a warm and inviting atmosphere, this home is perfect for those seeking a comfortable and convenient living space. Key Features: Bedrooms: 2 Bathrooms: 1. Yard Care: Included; Garbage Service: Included; Pest Control: Included. Pet Policy: Small pets allowed (15 lbs max) Approval Required: Yes.

House for rent at 388 Massalina Dr, Panama City, FL 32401

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Managed by ERA Neubauer Real Estate

$1,950

House2 Beds2 Baths800 ft²

388 Massalina Dr

Panama City, FL 32401

Experience the perfect blend of serene waterfront living and urban convenience in this beautifully updated 2-bedroom, 2-bathroom duplex. Located directly across from Massalina Bayou, this home offers unparalleled vistas of breathtaking sunrises and sunsets, best enjoyed from your expansive front deck. Key Features: Unrivaled Bayou Views: The large front deck provides a front-row seat to the tranquil waters of Massalina Bayou, offering a daily spectacle of nature's beauty. Proximity to Downtown: A short stroll leads you to Historic Downtown Panama City, renowned for it's vibrant Social District.

Townhouse for rent at 7322 Highway, Panama City, FL 32409

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Managed by Century 21 Ryan Realty

$1,700

Townhouse3 Beds2 Baths1,216 ft²

7322 Highway

Panama City, FL 32409

Move In Special. First Full Month's Rent Free. Southport Waterfront. 3 bedroom 2 bath home features open living area, Lvp flooring throughout, large screened in waterfront porch, open patio deck and lawn service included. Home is on septic tank and Bay County Utilities Water. Only 2 parking spaces. Waterfront and lawn is shared with upstairs tenants. Dog under 20 lbs. $50 Pet Fee/$250 Pet Deposit/$25 Per Month Pet Rent. Refrigerator, Built-in Microwave, Dishwasher & Glasstop stove. Dogs Allowed.

Townhouse for rent at 5854 Tyndall Place, Panama City, FL 32404

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Managed by ERA Neubauer Real Estate

$1,800

Townhouse3 Beds3 Baths1,225 ft²

5854 Tyndall Place

Panama City, FL 32404

Welcome to Tyndall Station, where contemporary design meets unparalleled convenience. This brand-new 3-bedroom, 3-bathroom townhome offers a harmonious blend of luxury and functionality, making it the perfect sanctuary for those seeking both comfort and style. Key Features: Modern Design: Step into an open-concept living space adorned with clean lines and meticulous attention to detail. The gourmet kitchen boasts quartz countertops and state-of-the-art appliances, setting the stage for culinary delights. Spacious Bedrooms: Each of the three bedrooms is thoughtfully designed to provide ample space and privacy, ensuring restful nights and productive days.

House for rent at 2418 Causeway Manor Court, Panama City, FL 32408

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Managed by All County Diamond

$2,150

House3 Beds3 Baths1,366 ft²

2418 Causeway Manor Court

Panama City, FL 32408

Welcome to this spacious 3-bedroom, 3-bathroom home located at 2418 Causeway Manor Ct, Panama City Beach. This stunning property offers the perfect combination of luxury and comfort, with ample space for relaxation and entertainment. Step inside and be greeted by a bright and open floor plan, featuring high ceilings and plenty of natural light. The kitchen is a chef's dream, equipped with modern appliances, granite countertops and a convenient breakfast bar-ideal for cooking and enjoying meals with family or guests.

House for rent at 2406 Quiet Oaks Dr, Panama City, FL 32405

Managed by Palm Realty & Property Management Services

$1,900

House3 Beds2 Baths1,169 ft²

2406 Quiet Oaks Dr

Panama City, FL 32405

Great newer home with ceramic tile throughout, breakfast bar, cathedral ceiling, split. Bedroom plan, 1-car garage, sprinkler system and located in cul de sac. Centrally located. Pet Friendly.

House for rent at 2019 Frankford Ave, Panama City, FL 32401

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Managed by ERA Neubauer Real Estate

$2,200

House3 Beds2 Baths1,352 ft²

2019 Frankford Ave

Panama City, FL 32401

Welcome to your new home. This beautifully maintained 3-bedroom, 2-bathroom brick home is a rare find, offering modern comforts, energy efficiency and a prime location. Centrally located in Bay County, you'll enjoy the convenience of being close to schools, shopping centers, restaurants and entertainment. Plus, the world's most beautiful beaches are just a short 30-minute drive away-perfect for weekend getaways or spontaneous beach days. As you step inside, you'll immediately notice the warm, inviting atmosphere. The spacious living area is perfect for relaxing after a long day or entertaining friends and family.

Townhouse for rent at 5117 Douglas St #A, Panama City, FL 32404

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Managed by Full Sail Realty of Nwfl

$1,800

Townhouse3 Beds1 Bath1,028 ft²

5117 Douglas St #A

Panama City, FL 32404

5117 Douglas Street Panama City Unit A Includes Water, Sewage, Electric, Trash and Landscaping at an additional fee of $300 per month. This property has been recently renovated with All New Stainless-Steel Appliances, New Lvp Floors, Screened in porch with Washer and Dryer Connections, Huge fenced in back yard. This unit is the last house on the end of a dead-end street providing quiet living, with easy access to local amenities, just 16 minutes from Tyndall Afb.

House for rent at 2110 Sterling Cove Blvd, Panama City, FL 32408

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Managed by Twisted Palms Property Management

$1,850

House2 Beds2 Baths1,156 ft²

2110 Sterling Cove Blvd

Panama City, FL 32408

Location, location, location. This charming long-term rental in Sterling Cove on Front Beach Road is nestled within a secure gated community, offering peace of mind and a prime address. This delightful two-bedroom, one-and-a-half-bath home is perfect for those seeking a comfortable and convenient lifestyle. Both bedrooms are thoughtfully located upstairs, each boasting it's own private balcony-ideal for enjoying your morning coffee or relaxing in the evening air. The property also provides access to a refreshing community swimming pool, perfect for unwinding on warm days.

Managed by Century 21 Commander Realty

$2,300

Townhouse3 Beds2 Baths

2595 Cypress St

Panama City, FL 32408

This charming 3 bedroom, 2 bathroom townhome located in the heart of Panama City Beach, FL. This home features luxury vinyl plank flooring throughout the main living areas, cozy carpet in the bedrooms and stainless steel appliances in the spacious kitchen. The neutral paint on the walls provides a blank canvas for you to make this house your own. Enjoy the convenience of having lawn care included in your rent, allowing you to spend more time exploring the nearby shopping and restaurants. Refrigerator, Dishwasher, Microwave, Lawn care & Stove/Oven Electric.

Viewing 1-20 of 94 rentals in Panama City

What to Know About

Life in Panama City & Beyond

Panama City shares many of the great qualities that make Florida a desirable place to live.

Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Panama City, FL

As of March 2025, Panama City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Panama City's average rent is 21.4% ($463) lower than the Florida average of $2,159 and 5.1% ($92) lower than the U.S. average of $1,788.

Average Rent

$1,696

Monthly ChangeMonth Over Month Change

4.6% ($75)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,489	3% ($43)	15.8% ($203)
2 Beds	$1,704	2.2% ($36)	14.8% ($220)
3 Beds	$2,025	0.8% ($16)	13.3% ($238)

Nearby Cities	Average Rent	Avg. Rent vs. Panama CityAverage Rent vs. Panama City	Avg. Days on MarketAverage Days on Market
Inlet Beach	$3,063	80.6% ($1367)	38 days
Lynn Haven	$1,873	10.4% ($177)	37 days
Panama City Beach	$2,130	25.6% ($434)	39 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Panama City Rental Market FAQs

Explore rental prices, market trends, and availability in Panama City, FL.

What is the average rent in Panama City, FL?

The average rent in Panama City, FL is $1,696 per month.

What is the rental price range for houses in Panama City, FL?

Houses in Panama City typically rent for between $1,042 and $2,633 per month, with an average of $1,696 per month.

What is the average rent for different bedroom sizes in Panama City, FL?

In Panama City, the average rent for a 1-bedroom house is $1,489 per month, for a 2-bedroom house, $1,704 per month, and a 3-bedroom house is $2,025 per month.

How do rent prices in Panama City, FL compare with the national average?

The average rent in Panama City is 5.1% ($92) lower than the national average of $1,788 per month.

How have rent prices in Panama City, FL changed recently?

The average rent in Panama City has increased by 4.6% ($75) in the last month and remained stable over the past year.

How competitive is the rental market in Panama City, FL?

The rental market in Panama City, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Panama City, FL?

In Panama City, FL, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Panama City, FL?

There are currently 168 rental properties available in Panama City, FL.

Can I afford to rent a house in Panama City, FL?

Based on the current averages, a household would need an annual income of $68,160 to comfortably afford a 2-bedroom house in Panama City.

Houses & Townhomes for Rent in Panama City, FL

Life in Panama City & Beyond

Panama City, FL

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