Property prices for rent in Panama City (Florida)

The rent prices in real estate in Panama City, in the Florida region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,294.83
Average price last 6 months
$5.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Panama City has had a strong fall during the last 6 months. In April, the average price per sq.feet was $9.8. In the following month the price per sq.feet fell considerably to $7.47. The price for the following two months in (June, July) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 14 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $8.18 to $1.11 during August, and September.

Average price

When referring to the price in Panama City (cities), this has risen in the last 6 months. The rent price in April is $1,170, rising in May till $1,295. During the following two months (June, July) the price has had an average rise from $1,232.5 to $1,330.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,281.5 and $1,321.5 between August and September.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 15 % more affordable than the average price of $1,090 in Panama City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 2555 % more expensive than the average price of ($30 / sq.feet) in Panama City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2555 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,280 it is 20 % more affordable than the average price in Panama City. "Commercial" is seen as the second most affordable property type. The most affordable property is "House" followed by "Commercial". At a price of $1,033 it is 15 % more affordable than the average price.

According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $5 / sq.feet followed by "Commercial" priced at $10 / sq.feet. "House" is the most expensive type of property with a $30 / sq.feet value followed by "Commercial" with an average price of $10 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Panama City
Number of properties used in region Florida
$1,280
$1.13
512
321,384
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Vantage At Pcb 1 Bedroom Apartment For Rent At 7150 Highway 98, Panama City Beach, Fl 32407
 20
Vantage At Pcb 1 Bedroom Apartment For Rent At 7150 Highway 98, Panama City Beach, Fl 32407
$1,215
Panama City Beach, Florida - For Rent - Apartment - 618 sq.feet - 1 bedroom - 1 bathroom
Be yours at vantage at panama city beach. Our beautiful, newly built community is located... And entertainment destinations in panama city beach. Enjoy miles of white sandy beaches and the crystal...
Cabana West Apartment Homes 3 Bedroom Apartment For Rent At 302 Cabana Boulevard, Panama C...
 20
Cabana West Apartment Homes 3 Bedroom Apartment For Rent At 302 Cabana Boulevard, Panama C...
$1,725$1,739
Panama City Beach, Florida - For Rent - Apartment - 1,408 sq.feet - 3 bedrooms - 2 bathrooms
And a fully-equipped kitchen. Discover the finest apartments in panama city beach, florida at cabana... Apartment for you. Come experience the best apartment homes panama city beach has...
Condo For Sale By Owner In Panama City Panama City
 6
Condo For Sale By Owner In Panama City Panama City
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Panama City, Florida - For Rent - Condo - 2,274 sq.feet - 3 bedrooms - 3 bathrooms
This magnificent bedroom bathroom beachfront condo features master suites with king sized beds two beachfront balconies two en suite bathrooms with walk in...
Condo For Sale By Owner In Panama City Panama City
 6
Condo For Sale By Owner In Panama City Panama City
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Panama City, Florida - For Rent - Condo - 2,274 sq.feet - 3 bedrooms - 3 bathrooms
This magnificent bedroom bathroom beachfront condo features master suites with king sized beds two beachfront balconies two en suite bathrooms with walk in...
Condo For Sale By Owner In Panama City Beach Panama City Beach
 6
Condo For Sale By Owner In Panama City Beach Panama City Beach
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Panama City Beach, Florida - For Rent - Condo - 1,249 sq.feet - 3 bedrooms - 2 bathrooms
New ceramic plank tile in dining and living area new compressor for ac dishwasher flat screen tv in den recently as well as entire condo freshly painted...