Rent in Panama City Beach, FL
Across Panama City Beach's 2 ZIP codes, a 2-bedroom typically rents for about $1,858 a month, with figures from $1,651–$1,965. The highest typical rent is in 32407 ($1,965) and the lowest in 32413 ($1,750). Owner-occupied homes in Bay County pay about 0.58% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,450 | $1,194–$1,706 | 2 |
| 1 bed | $1,698 | $1,517–$1,725 | 2 |
| 2 beds | $1,858 | $1,651–$1,965 | 2 |
| 3 beds | $1,896 | $1,870–$2,101 | 2 |
| 4 beds | $1,804 | $1,779–$2,567 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Panama City Beach ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Panama City Beach, FL?
- About $1,858 a month: the median of the typical rents in 2 ZIP codes, which range from $1,651–$1,965. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Panama City Beach, FL?
- About $1,698 a month: the median of the typical rents in 2 ZIP codes, which range from $1,517–$1,725. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Panama City Beach, FL?
- About $1,896 a month: the median of the typical rents in 2 ZIP codes, which range from $1,870–$2,101. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Panama City Beach, FL?
- About $1,450 a month: the median of the typical rents in 2 ZIP codes, which range from $1,194–$1,706. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Panama City Beach, FL?
- About $1,804 a month: the median of the typical rents in 2 ZIP codes, which range from $1,779–$2,567. Figures are gross rent (rent plus tenant-paid utilities).
- Which Panama City Beach ZIP code has the highest rent?
- For a 2-bedroom, 32407 has the highest typical rent at $1,965 a month, and 32413 the lowest at $1,750.
- What is the property tax rate in Panama City Beach, FL?
- Owner-occupied homes in Bay County pay a typical 0.58% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Panama City Beach rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).