Panama City, FL has a population of 36,661, while the median age is 40. The household income in Panama City, FL is around $40,114. The homeownership rate among the residents is 49%. The median residential property value in Panama City, FL that you should keep in mind is $147,300.
|Number Of Employees||15,674|
|Median Property Value||$147,300|
Over the Jan 2023, the average rent for an apartment in/near Panama City, FL increased by 0.6% to $1,854.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 14.3% to $1,156. Pricing for 2-bed apartment also decreased by 13.4% and a place of this size will now cost you $1,223. 3-bed apartment rent pricing starts at $2,025, it increased by 4.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 7.6% and made it up to $2,753.
The median rent for an apartment in Panama City, FL decreased by 9.8% to $1,468. Statistics show that house rent price increased by 6.1% this month making it up to $2,359. Condos faced an upward trend these days. The median rent for a condo increased by 11.1%, it’s now available for $2,000. An average duplex is now available for $1,700, cause median rent for a duplex remains the same this month. Townhouse rent pricing didn’t change, the price still starts at $1,100.