AI-Scored Rankings • Updated 2026-04-03

Best Apartments in Panama City, FL — Scored by AI

ListWise scores every Panama City neighborhood on safety, walkability, schools, commute time, and rental value. See which areas actually match your lifestyle — not just what's cheapest.

$1,350/mo
Median Rent
37,120
Population
8
Neighborhoods Scored
Tyndall Air Force Base
Top Employer
Local Insights

Why Panama City? What Renters Need to Know

Panama City is affordable with a cost of living about 5% below the national average. Median rent is around $1,350/month.

Quick Facts

Population 37,120
Median Rent $1,350/mo
Top Employer Tyndall Air Force Base
Neighborhoods 8 scored by AI
Rent vs. National$1,350 vs $1,500 national median

Rent Comparison

Panama City median rent is $150 below the national median of $1,500/mo — an affordable market.

Largest Employer

The largest employer in Panama City is Tyndall Air Force Base, making the St. Andrews area and nearby neighborhoods popular for commuters looking to minimize travel time.

Top Neighborhoods

Top Neighborhoods in Panama City

Ranked by ListWise's composite AI score. Top 3 shown free — unlock all 8 for the full picture.

#1

St. Andrews

Score: 82/100
Safety B+
Walk Score 55
Avg Rent $1,300
Schools 6/10
#2

Lynn Haven

Score: 81/100
Safety A
Walk Score 32
Avg Rent $1,400
Schools 8/10
#3

Panama City Beach

Score: 80/100
Safety A-
Walk Score 35
Avg Rent $1,500
Schools 7/10

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#4

Callaway

Score: 78/100
Safety A-
Walk Score 28
Avg Rent $1,250
Schools 7/10
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#5

Cedar Grove

Score: 76/100
Safety A
Walk Score 22
Avg Rent $1,300
Schools 7/10
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#6

Parker

Score: 74/100
Safety A-
Walk Score 25
Avg Rent $1,200
Schools 6/10
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#7

Southport

Score: 72/100
Safety A
Walk Score 15
Avg Rent $1,350
Schools 7/10
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#8

Springfield

Score: 70/100
Safety B
Walk Score 38
Avg Rent $1,100
Schools 6/10
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See All 8 Panama City Neighborhoods Ranked

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How It Works

How ListWise Scores Panama City Apartments

1

Tell Us Your Priorities

Rank what matters: safety, schools, walkability, commute, budget, nightlife. Every Panama City renter is different.

2

AI Scores Every Listing

We pull real-time data from MLS, crime stats, school ratings, transit APIs, and walk score databases for Panama City.

3

Get Your Ranked List

Receive a PDF + Excel report with Panama City properties ranked by YOUR priorities. Delivered within 24 hours.

FAQ

Frequently Asked About Panama City

What is the cost of living in Panama City?

Panama City is affordable with a cost of living about 5% below the national average. Median rent is around $1,350/month. No state income tax.

Is Panama City recovering from Hurricane Michael?

Significantly. Major rebuilding has modernized infrastructure. Tyndall Air Force Base is undergoing a $5B rebuild, bringing new construction and jobs.

What are the best neighborhoods?

Lynn Haven has the best schools. PCB offers beach lifestyle. St. Andrews has historic charm. Cedar Grove is family-friendly.

What is there to do?

World-class Gulf beaches, St. Andrews State Park, Shell Island, diving and fishing, and a growing dining scene in St. Andrews.

How is the job market?

Tyndall AFB ($5B rebuild), Eastern Shipbuilding, healthcare, and tourism drive the economy. Defense sector is expanding significantly.

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Data is for informational purposes only. Verify all information independently before making housing decisions.