Rental market snapshot for Panama City Beach, Florida

Panama City Beach, Florida Rental Property Market Overview

Panama City Beach, Florida is a vibrant coastal city located in the Florida Panhandle. With a population of 18,294 as of 2021, according to the US Census, it is a popular destination for tourists and locals alike. The city is known for its stunning white sand beaches, crystal clear waters, and vibrant nightlife. It is also home to a variety of attractions, including amusement parks, golf courses, and shopping centers. Panama City Beach is a great place to visit for a relaxing beach vacation or a fun-filled weekend getaway.

The average rent for an apartment in Panama City Beach is $2,230. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Panama City Beach Florida | Cost of Living

  • The most expensive ZIP code in Panama City Beach is 32413 with an average price of $2,213.
  • The cheapest ZIP code in Panama City Beach is 32413 with an average price of $2,213.

Panama City Beach ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
132413$2,213

Live near Panama City Beach, Florida's Top Sights and Attractions

Shipwreck Island Water Park is an exciting outdoor water park located in sunny Florida. It features a variety of thrilling water slides, a lazy river, and a wave pool. There are also plenty of activities for the little ones, such as a kiddie pool and a pirate-themed play area. Guests can also enjoy delicious food and snacks at the on-site restaurant. With its tropical atmosphere and exciting attractions, Shipwreck Island Water Park is the perfect place to cool off and have fun in the sun.

Frank Brown Park is a sprawling outdoor recreation area located on the Gulf of Mexico. It features a variety of amenities, including a large lake, a playground, a skate park, a disc golf course, a dog park, a walking trail, and a beach. The park also hosts a variety of events throughout the year, including concerts, festivals, and sporting events. Visitors can enjoy the beautiful views of the Gulf of Mexico and the surrounding area, as well as the many activities available.

Inlet Beach is a stunning beach located on the Gulf of Mexico in the Florida Panhandle. It is known for its white sand and crystal clear waters, making it a popular destination for swimming, sunbathing, and beachcombing. The beach is also home to a variety of wildlife, including dolphins, sea turtles, and shorebirds. Visitors can also explore the nearby St. Andrews State Park, which offers a variety of outdoor activities such as fishing, kayaking, and hiking.

Gulf World is an ocean-themed attraction located on the beautiful white sand beaches of the Florida Panhandle. It features a variety of marine life shows, including dolphin, sea lion, and parrot performances. Guests can also explore the interactive touch tanks, take a behind-the-scenes tour, or even swim with the dolphins. The facility also offers educational programs, special events, and a variety of shopping and dining options.

Ripley's Believe It or Not is an interactive museum filled with odd and unusual artifacts from around the world. Visitors can explore a variety of themed galleries, featuring everything from shrunken heads to a two-headed calf. There are also interactive exhibits, such as a mirror maze and a laser race, as well as a 4D theater with 3D films. The museum also features a variety of oddities, including a collection of rare books, a life-size model of a giant squid, and a replica of the world's tallest man.

Emerald View Resorts Panama City Beach is a luxurious beachfront resort located on the stunning white sand beaches of the Gulf of Mexico. Guests can enjoy a variety of amenities, such as a heated outdoor pool, hot tub, and fitness center. The resort also offers a variety of activities, such as beach volleyball, kayaking, and paddle boarding. Guests can also take advantage of the on-site restaurant and bar, as well as the convenience store. With its stunning views of the Gulf of Mexico, Emerald View Resorts Panama City Beach is the perfect place to relax and unwind.

Zoo World is an animal-themed amusement park located on the beach in sunny Florida. Guests can explore the park's many interactive exhibits, which feature a variety of exotic animals from around the world. The park also offers a variety of rides, including a roller coaster, carousel, and ferris wheel. In addition, guests can enjoy a variety of shows, such as a sea lion show, parrot show, and reptile show. There is also a petting zoo, where visitors can get up close and personal with some of the animals.

Royal American Beach Getaways is a luxurious beachfront resort located on the beautiful white sand beaches of the Florida Panhandle. Guests can enjoy a variety of amenities, including a heated outdoor pool, hot tub, and private beach access. The resort also offers a variety of activities, such as kayaking, paddle boarding, and fishing. Guests can also take advantage of the on-site restaurant, which serves up delicious seafood dishes. With its stunning views of the Gulf of Mexico, Royal American Beach Getaways is the perfect place to relax and unwind.

Fonville Park is a scenic waterfront park located on the Gulf of Mexico. It features a boardwalk, a fishing pier, and a beach area with white sand and crystal clear waters. Visitors can enjoy a variety of activities such as swimming, fishing, sunbathing, and picnicking. The park also has a playground, picnic tables, and grills for barbecuing. The park is a great spot for a relaxing day in the sun or a fun family outing.

Aaron Bessant Park is a beautiful waterfront park located on the Gulf of Mexico. It features a large amphitheater, a splash pad, a playground, and a boardwalk that stretches along the beach. There are also plenty of picnic tables and grills, making it a great spot for a family gathering or a romantic evening. The park also offers a variety of activities, including fishing, kayaking, and paddle boarding. The park is also home to a variety of wildlife, including dolphins, sea turtles, and a variety of birds.

Panama City Beach, Florida area median rent change by ZIP code map

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How does Panama City Beach compare to other cities in Florida?

citymedian price
Bal Harbour$4,200
Boca Raton$3,099
West Park$2,792
Jacksonville Beach$2,499
Dover$2,495
Celebration$2,490
Thonotosassa$2,250
North Fort Myers$2,075
Davenport$2,045
Morriston$1,335

Average household income in Panama City Beach area graph - US Census

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The median household income in Panama City Beach in 2021 was $70,131. This represents a 40.1% change from 2011 when the median was $50,047.

#categorypercent
0Less than $10,0002.7%
1$10,000 to $14,9992.3%
2$15,000 to $19,9994.0%
3$20,000 to $24,9994.3%
4$25,000 to $29,9993.8%
5$30,000 to $34,9992.5%
6$35,000 to $39,9995.1%
7$40,000 to $44,9995.0%
8$45,000 to $49,9993.9%
9$50,000 to $59,9999.9%
10$60,000 to $74,99915.5%
11$75,000 to $99,99912.8%
12$100,000 to $124,9998.1%
13$125,000 to $149,9995.1%
14$150,000 to $199,9999.8%
15$200,000 or more5.1%

Neighborhoods in Panama City Beach

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Panama City Beach is $2,230.
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