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Apartments for rent in Panama City Beach, FL

161 Properties

Local Guide

See what Panama City Beach, FL has to offer.

All About

Living in Panama City Beach, FL

A small city in Florida, Panama City Beach has a population of just over 12,000. Retirees are a common sight, as they make up 20% of the population compared to 14% nationally, while young adults account for a smaller percentage of the city. Renters tend to be in the minority in the area, and 60% of residents own their homes. At $1,207 per month, the average rent is roughly equal to the state average.

Panama City Beach residents have an average commute of about 23 minutes, quicker than the Florida average of about 29 minutes. Many residents (45%) commute to work by car or truck, while public transportation isn't used much. A small percentage of residents walk to work.

Compared to the national average (19%), Panama City Beach has a relatively large concentration of residents over the age of 25 who have completed some level of post-secondary education, as 25% have earned a Bachelor's or Associate's degree. In addition, 5% have a Master's or Doctoral degree. Many Panama City Beach residents work in one of three industries: retail, entertainment, and healthcare. Together, these industries account for 25% of the workforce in the city. Meanwhile, looking at job function, many residents work in sales, as 11% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of around $74,000, Panama City Beach workers bring in more than their peers elsewhere in Florida. Panama City Beach's average income, however, is nearly on par with the national average ($73,345).

Who Lives Here

Panama City Beach Demographics

Education

High School

22%

Associate's

25%

Bachelor's

14%

Master's

4%

Doctorate

34%

Family Size

2 people

57%

3 people

22%

4 people

16%

5 people

4%

6+ people

2%

Household Income

0-50k

36%

50-100k

38%

100-150k

16%

150-200k

7%

200k+

3%

Age

0-10

8%

10-20

10%

20-45

34%

45-65

29%

65+

20%

Affordability

How expensive is it in Panama City Beach?

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Rent Trends

Studio1 Bed2 Beds3 Beds
Sep '23$1440$1492$1860$2237
Aug '23$1490$1477$1857$2255
Jul '23$1390$1495$1884$2307
Jun '23$1390$1507$1895$2284
May '23$1440$1541$1897$2284
Apr '23$1440$1534$1854$2209
Mar '23$1440$1522$1885$2122
Feb '23$1326$1535$1860$1895
Jan '23$1213$1580$1840$2045
Dec '22$1100$1532$1855$1785
Nov '22$1100$1532$1895$1789
Oct '22$1100$1584$1877$2017
Sep '22$1100$1584$1905$2113

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Getting Around Panama City Beach

Panama City Beach Transportation

Commute Time

0-15 Mins

32%

15-30 Mins

39%

30-40 Mins

16%

40-60 Mins

10%

60+ Mins

3%

Transportation Scores

Percentage: 2525

Walk Score®

Has Sidewalks

Yes

Say 1 of 1 renters

Percentage: 5252

Bike Score®

Bike Friendly

Yes

Say 1 of 1 renters

Top Scores: Grocery, Gas, Restaurant

Things To Do In Panama City Beach

Top Score

Grocery Stores

3.5/5 stars based on undefined reviews

Suffice to say, this place is great for groceries.

  1. Few grocery stores per resident
  2. 91% fewer grocery stores than average
  3. 72% fewer grocery stores than areas of a similar size

Gas Stations

3.5/5 stars based on undefined reviews

Filling stations in Panama City Beach are at full-throttle!

  1. A high number of gas stations per resident
  2. 12% fewer gas stations than average
  3. 9% more gas stations than areas of a similar size

Restaurants

3/5 stars based on undefined reviews

The restaurant scene here is really cooking with gas.

  1. A high number of restaurants per resident
  2. 62% fewer restaurants than average
  3. 16% more restaurants than areas of a similar size

Nightlife

3/5 stars based on undefined reviews

Happy hour starts at six around here.

  1. A high number of bars and clubs per resident
  2. 34% more bars and clubs than average
  3. Significantly more bars and clubs than areas of a similar size

Coffee

2.5/5 stars based on undefined reviews

Not too cold, not too hot. An average town for coffee.

  1. A high number of coffee shops per resident
  2. 65% fewer coffee shops than average
  3. Significantly more coffee shops than areas of a similar size

Parks

2.5/5 stars based on undefined reviews

There's fresh air to be had here.

  1. Few parks per resident
  2. 100% fewer parks than average
  3. 100% fewer parks than areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. 87% fewer gyms than average
  3. 67% fewer gyms than areas of a similar size

Pet Services

2/5 stars based on undefined reviews

Panama City Beach could do with more oppawtunities for pets.

  1. A high number of pet facilities per resident
  2. 23% more pet facilities than average
  3. 85% more pet facilities than areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. A high number of fine art centers per resident
  2. 50% fewer fine art centers than average
  3. 100% more fine art centers than areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Panama City Beach's access to medical care.

  1. Few medical facilities per resident
  2. 100% fewer medical facilities than average
  3. 100% fewer medical facilities than areas of a similar size

Panama City Beach Education

Schools

Percentage: 1/51/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Panama City Beach

5/10

Hutchison Beach Elementary School

Grades PK-5 • Public

8/10

Patronis Elementary School

Grades PK-5 • Public

3/10

Lucille Moore Elementary School

Grades PK-5 • Public

5/10

Northside Elementary School

Grades PK-5 • Public

7/10

West Bay Elementary School

Grades K-5 • Public

6/10

Merriam Cherry Street Elementary School

Grades PK-5 • Public

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

All About

Living in Panama City Beach, FL

A small city in Florida, Panama City Beach has a population of just over 12,000. Retirees are a common sight, as they make up 20% of the population compared to 14% nationally, while young adults account for a smaller percentage of the city. Renters tend to be in the minority in the area, and 60% of residents own their homes. At $1,207 per month, the average rent is roughly equal to the state average.

Panama City Beach residents have an average commute of about 23 minutes, quicker than the Florida average of about 29 minutes. Many residents (45%) commute to work by car or truck, while public transportation isn't used much. A small percentage of residents walk to work.

Compared to the national average (19%), Panama City Beach has a relatively large concentration of residents over the age of 25 who have completed some level of post-secondary education, as 25% have earned a Bachelor's or Associate's degree. In addition, 5% have a Master's or Doctoral degree. Many Panama City Beach residents work in one of three industries: retail, entertainment, and healthcare. Together, these industries account for 25% of the workforce in the city. Meanwhile, looking at job function, many residents work in sales, as 11% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of around $74,000, Panama City Beach workers bring in more than their peers elsewhere in Florida. Panama City Beach's average income, however, is nearly on par with the national average ($73,345).

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