Panama City Beach

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    3 Apartments for Rent under $1200 in Panama City Beach, FL

    Apartment Rent Prices and Reviews.
    Price Range:

    Cost of Living

    39% Rent

    vs

    61% Own

    Renter's Cost vs. Income

    Last Updated October 2023

    Average Monthly Rent (Census)

    Last Updated October 2023

    The breakdown of people who rent in Panama City Beach, FL is 39% renters and 61% owners. The monthly average cost of rent in Panama City Beach is $1,462 per month and the yearly average income is $91,785 per year. This compares to an average rent of $1,230 in FL and $1,003 in the US. This data was last updated in October 2023

    Studio + 1 Bathroom

    $0 this year

    $1,775
    1 Bedroom + 1 Bathroom

    $317 this year

    $1,701
    2 Bedrooms + 2 Bathrooms

    $510 this year

    $2,108

    Travel and Transport

    Commuting to Work

    Last Updated October 2023

    Residents of Panama City Beach, FL spend an average of 21.9 minutes commuting to work. 49% have short commutes under 20 minutes, 47% travel between 20 and 60 minutes, and 4% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.

    In Panama City Beach, FL, 1% of residents rely on public transportation, 1% commute on foot, 0% use bicycles, and 98% opt for other modes such as cars and ride-sharing.

    FAQs

    What is the average rating of a community in Panama City Beach?

    The average rating is 2/5 stars.

    What is the average price for a 2 Bedrooms + 2 Bathrooms in Panama City Beach?

    The average price is $2,107.81.

    What is the average price for a 1 Bedroom + 1 Bathroom in Panama City Beach?

    The average price is $1,700.73.

    What is the average price for a Studio + 1 Bathroom in Panama City Beach?

    The average price is $1,775.00.

    What is the average monthly rent for Panama City Beach?

    Based on 2023 city data, the average monthly rent is $1,462.00.

    What is the average commute time?

    Based on 2017 city data, the average commute is 21.9 mins.