Panama City, FL Rent History

86 months of data, 20192026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,744
1-year change
+3.3%
$56/mo
5-year change
+30.4%
$407/mo

Monthly rent trend

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Year-by-year rent in Panama City

YearMedian rentYoY changevs 2019
2019$1,300/mo0.0%
2020$1,215/mo-6.5%-6.5%
2021$1,314/mo+8.1%+1.1%
2022$1,517/mo+15.4%+16.7%
2023$1,614/mo+6.4%+24.2%
2024$1,653/mo+2.4%+27.2%
2025$1,679/mo+1.6%+29.2%
2026$1,687/mo+0.5%+29.8%

Frequently asked questions

How much has rent in Panama City changed since 2019?

Median rent in Panama City, FL was $1,300 in 2019-05 and is $1,744 as of 2026-06 — a change of $444 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 +30.4% ($407 per month). The current median is $1,744.

Is rent in Panama City going up or down year over year?

Year over year, median rent in Panama City, FL has increased +3.3% ($56/mo). Current median: $1,744.

See full rent data for Panama City, FL
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.