Property prices for rent in Panama City Beach (Florida)

The rent prices in real estate in Panama City Beach, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,677.83
Average price last 6 months
$1.52
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Panama City Beach has risen during the last 6 months. In December, the average price per sq.feet was $1.43. In January this price barely changed remaining at $1.41 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.42 to $1.49 per sq.feet. The price per sq.feet has risen 115 % 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 $1.45 to $1.67 during April, and May.

Average price

When referring to the price in Panama City Beach (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $1,690. In January This price remains at $1,698. In the following two months the average price has hardly changed with regard to the previous two months from $1,694 to $1,628. 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 $1,661 and $1,711.5 between April and May.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,866 they are 38 % more affordable than the average price for Panama City Beach . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,400.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.67 / sq.feet price in Panama City Beach. The properties with the most expensive average prices have 1 bedroom. They are 832 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.66 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,866 it is 36 % more affordable than the average price in Panama City Beach. "House" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Land". At a price of $1,636 it is 1 % more affordable than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Townhouse" priced at $9 / sq.feet. "Townhouse" is the most expensive type of property with a $9 / sq.feet value followed by "House" with an average price of $1 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Panama City Beach
Number of properties used in region Florida
$1,866
$1.67
774
720,878
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value