1-Bedroom Apartment Rent in Panama City Beach, FL
Median asking rent for a 1-bedroom apartment in Panama City Beach, Florida as of July 2026. That's +6% lower than the citywide median of $1,666 and +12% above the national 1-bedroom median of $1,400.
Income needed for a 1-bedroom in Panama City Beach
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Panama City Beach
Compare Panama City Beach's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Florida
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Palatka | $790 |
| 2 | Bunnell | $792 |
| 3 | Lake City | $850 |
| 4 | Hernando | $870 |
| 5 | Crystal River | $875 |
| 6 | Hialeah Gardens | $905 |
| 7 | Auburndale | $920 |
| 8 | Bartow | $920 |
| 9 | Lake Alfred | $920 |
| 10 | Belleview | $940 |
| 11 | Homosassa | $945 |
| 12 | Lake Wales | $955 |
| 13 | Inverness | $975 |
| 14 | Ocklawaha | $980 |
| 15 | Sebring | $980 |
Most expensive cities for a 1-bedroom in Florida
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Atlantic Beach | $3,405 |
| 2 | Key Biscayne | $2,840 |
| 3 | Weston | $2,777 |
| 4 | Doral | $2,720 |
| 5 | Loxahatchee | $2,660 |
| 6 | Aventura | $2,660 |
| 7 | Parkland | $2,580 |
| 8 | Lithia | $2,530 |
| 9 | Windermere | $2,490 |
| 10 | Coral Gables | $2,480 |
| 11 | Miami Beach | $2,447 |
| 12 | Pembroke Pines | $2,423 |
| 13 | The Hammocks | $2,410 |
| 14 | Bal Harbour | $2,370 |
| 15 | The Crossings | $2,340 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Panama City Beach.
| City | Distance | 1-Bedroom rent | vs Panama City Beach |
|---|---|---|---|
| Lynn Haven, FL | 11 mi | $1,560 | $-3 (0%) |
| Panama City, FL | 13.8 mi | $1,280 | $-283 (-18%) |
| Inlet Beach, FL | 15.9 mi | $1,640 | +$77 (+5%) |
| Callaway, FL | 17.1 mi | $1,207 | $-356 (-23%) |
| Freeport, FL | 27.1 mi | $1,080 | $-483 (-31%) |
| Santa Rosa Beach, FL | 27.8 mi | $1,560 | $-3 (0%) |
| Destin, FL | 47.1 mi | $1,900 | +$337 (+22%) |
| Niceville, FL | 48.3 mi | $1,660 | +$97 (+6%) |
| Shalimar, FL | 55.1 mi | $1,570 | +$7 (0%) |
| Fort Walton Beach, FL | 60.6 mi | $1,360 | $-203 (-13%) |
| Crestview, FL | 63 mi | $1,285 | $-278 (-18%) |
| Mary Esther, FL | 65 mi | $1,310 | $-253 (-16%) |
1-Bedroom rent in Panama City Beach — common questions
How much is a 1-bedroom apartment in Panama City Beach?
As of July 2026, the median 1-bedroom apartment rent in Panama City Beach, Florida is $1,563 per month. This is +6% below the citywide median of $1,666.
What income do you need to afford a 1-bedroom in Panama City Beach?
Using the standard 30% rent-to-income rule, you would need an annual income of about $62,520 ($5,210/month gross), which works out to roughly $30.06/hour at a full-time job.
Is Panama City Beach expensive for a 1-bedroom compared to the rest of the US?
Panama City Beach's 1-bedroom median of $1,563 is +12% above the national 1-bedroom median of $1,400. It ranks in the 61th percentile of US cities tracked.
How does Panama City Beach rank for 1-bedroom rent in Florida?
Among the 270 cities in Florida with 1-bedroom data, Panama City Beach ranks #109 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Panama City Beach?
Yes — nearby cities with cheaper 1-bedroom rents include Lynn Haven ($1,560), Panama City ($1,280), Callaway ($1,207).