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.
Population | 36,661 |
Median Age | 39.7 |
Poverty Rate | 22% |
Household Income | $40,114 |
Number Of Employees | 15,674 |
Median Property Value | $147,300 |
Rent Price | Jan | vs Last Month |
---|---|---|
1-bed apartments | $1,156 | -14.3% |
2-bed apartments | $1,223 | -13.4% |
3-bed apartments | $2,025 | +4.1% |
4+ bed apartments | $2,753 | +7.6% |
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.
Rent Type Price | Jan | vs Last Month |
---|---|---|
Houses for rent | $2,359 | +6.1% |
Duplexes for rent | $1,700 | +0% |
Condos for rent | $2,000 | +11.1% |
Apartments for rent | $1,468 | -9.8% |
Townhouses for rent | $1,100 | +0% |
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.