Studio Apartment Rent in Panama City Beach, FL
Median asking rent for a studio apartment in Panama City Beach, Florida as of July 2026. That's +7% lower than the citywide median of $1,666 and +20% above the national studio median of $1,290.
Income needed for a studio 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 studio 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 studio in Florida
| # | City | Studio rent |
|---|---|---|
| 1 | Pinewood | $360 |
| 2 | Palatka | $780 |
| 3 | Lake City | $840 |
| 4 | Belleview | $860 |
| 5 | Hernando | $860 |
| 6 | Crystal River | $865 |
| 7 | Treasure Island | $872 |
| 8 | Sebring | $875 |
| 9 | Auburndale | $910 |
| 10 | Bartow | $910 |
| 11 | Ocklawaha | $910 |
| 12 | Lake Alfred | $920 |
| 13 | Lake Placid | $930 |
| 14 | Cape Canaveral | $940 |
| 15 | Freeport | $940 |
Most expensive cities for a studio in Florida
| # | City | Studio rent |
|---|---|---|
| 1 | Key Biscayne | $2,560 |
| 2 | Weston | $2,547 |
| 3 | Doral | $2,450 |
| 4 | Aventura | $2,390 |
| 5 | Loxahatchee | $2,380 |
| 6 | Parkland | $2,365 |
| 7 | Windermere | $2,360 |
| 8 | Lithia | $2,350 |
| 9 | Coral Gables | $2,235 |
| 10 | West Miami | $2,220 |
| 11 | Pembroke Pines | $2,220 |
| 12 | Miami Beach | $2,203 |
| 13 | Royal Palm Beach | $2,178 |
| 14 | The Hammocks | $2,170 |
| 15 | Apollo Beach | $2,170 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Panama City Beach.
| City | Distance | Studio rent | vs Panama City Beach |
|---|---|---|---|
| Lynn Haven, FL | 11 mi | $1,550 | $-3 (0%) |
| Panama City, FL | 13.8 mi | $1,270 | $-283 (-18%) |
| Inlet Beach, FL | 15.9 mi | $1,430 | $-123 (-8%) |
| Callaway, FL | 17.1 mi | $1,116 | $-437 (-28%) |
| Freeport, FL | 27.1 mi | $940 | $-613 (-39%) |
| Santa Rosa Beach, FL | 27.8 mi | $1,360 | $-193 (-12%) |
| Destin, FL | 47.1 mi | $1,660 | +$107 (+7%) |
| Niceville, FL | 48.3 mi | $1,440 | $-113 (-7%) |
| Shalimar, FL | 55.1 mi | $1,360 | $-193 (-12%) |
| Fort Walton Beach, FL | 60.6 mi | $1,185 | $-368 (-24%) |
| Crestview, FL | 63 mi | $1,120 | $-433 (-28%) |
| Mary Esther, FL | 65 mi | $1,140 | $-413 (-27%) |
Studio rent in Panama City Beach — common questions
How much is a studio apartment in Panama City Beach?
As of July 2026, the median studio apartment rent in Panama City Beach, Florida is $1,553 per month. This is +7% below the citywide median of $1,666.
What income do you need to afford a studio in Panama City Beach?
Using the standard 30% rent-to-income rule, you would need an annual income of about $62,120 ($5,177/month gross), which works out to roughly $29.87/hour at a full-time job.
Is Panama City Beach expensive for a studio compared to the rest of the US?
Panama City Beach's studio median of $1,553 is +20% above the national studio median of $1,290. It ranks in the 68th percentile of US cities tracked.
How does Panama City Beach rank for studio rent in Florida?
Among the 261 cities in Florida with studio data, Panama City Beach ranks #148 from cheapest to most expensive.
Are there cheaper studio options near Panama City Beach?
Yes — nearby cities with cheaper studio rents include Lynn Haven ($1,550), Panama City ($1,270), Inlet Beach ($1,430).