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RentData.org Logo Panama City-Lynn Haven-Panama City Beach Fair Market Rent FY 2020 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, FL :
$735 $805 $939 $1,318 $1,480
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Panama City-Lynn Haven-Panama City Beach are high compared to the national average. This FMR area is more expensive than 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Panama City-Lynn Haven-Panama City Beach is $939 per month.

The previous year, rent for a two-bedroom home was $1,011 per month. This is a 7.12% decrease 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 62% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Panama City-Lynn Haven-Panama City Beach. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

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.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 785
1-BR 1-Bedroom $ 859
2-BR 2-Bedroom $ 1003
3-BR 3-Bedroom $ 1408
4-BR 4-Bedroom $ 1581
Change Year:

There is just one county (listed below) within the Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Panama City.

County / Region Est. Population
Panama City-Lynn Haven-Panama City Beach, FL Metro 180,115
Zip Codes in Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR Area

There are 20 unique zip codes in this Fair Market Rent (FMR) area:

32401, 32402, 32403, 32404, 32405, 32406, 32407, 32408, 32409, 32410, 32411, 32413, 32417, 32437, 32438, 32444, 32456, 32461, 32462 and 32466

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