Panama City-Lynn Haven-Panama City Beach Fair Market Rent FY 2021 Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area Rental Data

Fair Market Rent prices in Panama City-Lynn Haven-Panama City Beach are very high compared to the national average. This FMR area is more expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Panama City-Lynn Haven-Panama City Beach is $1,088 per month.

The previous year, rent for a two-bedroom home was $939 per month. This is a 15.87% increase year-over-year.

This FMR rate applies to Rosemary Beach, FL, Mexico Beach, FL, Ebro, FL, Vernon, FL, Fountain, FL, Youngstown, FL, Port Saint Joe, FL, Lynn Haven, FL, Panama City Beach, FL, Panama City, FL and other cities within the region. The Metro Code or CBSA code for this region is METRO37460M37460.

Additionally, This Fair Market Rent (FMR) area Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area spans one county or city in Florida which is listed in the table below. Estimated population of Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area FMR area is 180,115 people based on latest Census data.

Compared to the rest of Florida, the Panama City-Lynn Haven-Panama City Beach FMR area is more expensive than 78% of the state.

Median Rent Prices in Panama City-Lynn Haven-Panama City Beach

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: