
Cheap Apartments for Rent in Downtown Panama City
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1 BED$989+2 BEDS$1,193+3 BEDS$775+
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2 BEDS, 1 BATH$1,100
807 E 7th Ct
807 E 7th Ct, Panama City, FL 32401 -
3 BEDS, 1 BATH$1,200
807 E 10th St
807 E 10th St, Panama City, FL 32401 -
2 BEDS, 2 BATHS$1,395
800 Premier Dr
800 Premier Dr, Panama City, FL 32401 -
2 BEDS, 1.5 BATHS$1,500
349 Mercedes Ave
349 Mercedes Ave, Panama City, FL 32401 -
2 BEDS, 2 BATHS$1,650
504 E 4th St
504 E 4th St, Panama City, FL 32401 -
2 BEDS, 2 BATHS$1,650
Cozy & Economical Unit in The Cove w/Water...
504 E 4th St, Panama City, FL 32401 -
3 BEDS, 2 BATHS$1,800
1234 Martin Luther King Jr Blvd
1234 Martin Luther King Jr Blvd, Panama City, FL 32401 -
4 BEDS$1,980
Foxwood
1701 Hamilton Ave, Panama City, FL 32405 -
2 BEDS, 2 BATHS$2,000
1320 E Hwy 98 Unit 307
1320 E Hwy 98, Panama City, FL 32401 -
2 BEDS, 2 BATHS$2,000
Enjoy this view from your balcony at Bayo...
1320 E Hwy 98, Panama City, FL 32401 -
3 BEDS, 2 BATHS$2,100
306 Wilson Ave
306 Wilson Ave, Panama City, FL 32401
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Clear All FiltersPanama City at a Glance
Downtown Panama City Neighborhood in Panama City, FL
When looking for cheap apartments in Downtown Panama City, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Panama City.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 12 cheap apartments available in Downtown Panama City, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Panama City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Pretty Bayou 691 Sq Ft $1,522/mo
- SweetBay 667 Sq Ft $1,530/mo
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.