Market Summary

Panama City, Bay County, FL

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Median Home Price Price

$273,600 $273.6K

Median Monthly Rent Rent

$1,721 $1.7K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Bay County

Region Price Rent GRM Display
$319,348 $1,724 15.0x
$207,341 $1,816 9.0x
$260,402 $1,751 12.0x
$222,844 $1,774 10.0x
$233,380 $1,494 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within FL outside of Bay County

Region Price Rent GRM Display
$282,559 $1,636 14.0x
$677,707 $1,767 32.0x
$198,187 $1,754 9.0x
$276,744 $1,522 15.0x
$292,519 $1,498 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of FL

Region Price Rent GRM Display
$198,325 $1,674 10.0x
$266,389 $1,503 15.0x
$505,282 $1,876 22.0x
$267,635 $2,084 11.0x
$134,061 $1,040 11.0x
$288,613 $1,839 13.0x
$189,314 $1,320 12.0x
$326,075 $2,103 13.0x
$248,166 $1,491 14.0x
$272,406 $2,297 10.0x
$228,727 $1,100 17.0x
$347,419 $1,777 16.0x
$248,116 $1,734 12.0x
$226,822 $1,205 16.0x
$408,259 $1,822 19.0x
$380,396 $1,706 19.0x
$163,794 $1,502 9.0x
$251,849 $1,831 11.0x
$197,892 $1,058 16.0x
$510,533 $1,836 23.0x
$220,090 $1,145 16.0x
$545,990 $1,895 24.0x
$204,353 $1,317 13.0x
$190,442 $1,036 15.0x
$282,303 $1,742 13.0x
$305,593 $1,848 14.0x
$441,299 $1,866 20.0x
$412,659 $1,931 18.0x
$181,786 $1,015 15.0x
$371,741 $1,874 17.0x
$511,160 $1,789 24.0x
$393,884 $1,811 18.0x
$268,155 $1,893 12.0x

Home prices

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Monthly rent

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GRM

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Panama City

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Trend Insights

Median Rent in Panama City, FL is $1,721, with MoM change +$7 and YoY change +$31 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Panama City, FL.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Panama City, FL
Compare market Select a market
Delta vs base
Median rent
$1,721
N/A
Median price
$273,600
N/A
YoY change
+$31
N/A
Price-to-rent
13.2x
Data unavailable
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