Panama City, FL Rent History
89 months of data, 2019–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,655
1-year change
+0.4%
$6/mo
5-year change
+22.1%
$299/mo
Monthly rent trend
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Year-by-year rent in Panama City
| Year | Median rent | YoY change | vs 2019 |
|---|---|---|---|
| 2019 | $1,276/mo | — | 0.0% |
| 2020 | $1,190/mo | -6.7% | -6.7% |
| 2021 | $1,289/mo | +8.3% | +1.0% |
| 2022 | $1,491/mo | +15.7% | +16.8% |
| 2023 | $1,580/mo | +6.0% | +23.8% |
| 2024 | $1,617/mo | +2.3% | +26.7% |
| 2025 | $1,632/mo | +0.9% | +27.9% |
| 2026 | $1,649/mo | +1.0% | +29.2% |
Frequently asked questions
How much has rent in Panama City changed since 2019?
Median rent in Panama City, FL was $1,276 in 2019-05 and is $1,655 as of 2026-09 — a change of $379 per month over 7 years.
How much has Panama City rent increased in the last 5 years?
Over the past 5 years, median rent in Panama City, FL has changed +22.1% ($299 per month). The current median is $1,655.
Is rent in Panama City going up or down year over year?
Year over year, median rent in Panama City, FL has increased +0.4% ($6/mo). Current median: $1,655.