Panama City-Panama City Beach, FL Average Rent, Rental Yield & SFR Underwriting
Screen Panama City-Panama City Beach, FL with current asking rent, gross rental yield, rent-to-price, and gross rent multiplier benchmarks. Then model property-level cash flow, cap rate, and DSCR rent requirements with your own assumptions.
Average rent in Panama City-Panama City Beach, FL
The median asking rent in Panama City-Panama City Beach, FL is $2,200 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $300,874, that rent level prices Panama City-Panama City Beach, FL at a 8.66% gross rental yield — compared with 8.28% across Florida.
Panama City-Panama City Beach, FL rental investment benchmarks
These ratios turn the current median asking rent and average home value into a fast acquisition screen. They are market benchmarks, not the expected return for a specific property.
Published gross yield (8.66%) is the median of estimated listing-level yields. Rent-to-value and GRM below use the headline metro rent and value, so the figures may not algebraically match.
Price ceilings equal annualized median asking rent divided by the target gross yield. They exclude vacancy, taxes, insurance, repairs, management, financing, closing costs, and rehab.
Median asking rent, average home value, and published gross rental yield from the current metro dataset.
Rent-to-value ratio, GRM, and target gross-yield price ceilings calculated from the observed headline rent and value.
Cash flow, cap rate, cash-on-cash return, and DSCR rent screens using editable property, expense, and financing assumptions.
Panama City-Panama City Beach, FL rental property cash flow calculator
Start with the market's reported average home value and median asking rent, then replace them with a property's actual price, rent, financing, and expenses. The starting rent and value are observed market benchmarks updated Jul 1, 2026; every other input below is an editable assumption.
Property and loan assumptions
The interest rate starts with the reported 30-year market rate when available. Investor and DSCR loan pricing may be higher.
Operating assumptions
Illustrative underwriting results
Modeled from the inputs at left. These are not observed metro returns, a local tax or insurance quote, an appraisal, or loan eligibility.
Updated results: monthly cash flow -$190, modeled cap rate 5.23%, and rent-to-PITIA coverage 1.14 times.
Monthly rent required by coverage target
This residential lender-style rent/PITIA screen is not the commercial NOI/debt-service DSCR formula. Lender definitions, qualifying rents, and minimum coverage requirements vary.
This conservative model deducts the Repairs + CapEx reserve before calculating modeled NOI and cap rate. Lenders and appraisers may treat capital expenditures separately.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Panama City-Panama City Beach, FL rent and rental yield comparison
The current Panama City-Panama City Beach, FL baseline is $2,200 median asking rent and 8.66% gross rental yield. Compare rent, yield, and home values with selected Florida metros, then open a public report or Rental Insights for property-level follow-up.
Miami-Fort Lauderdale-West Palm Beach, FL
Miami-Fort Lauderdale-West Palm Beach, FL median asking rent is $3,400, $1,200 (54.5%) higher than the $2,200 median asking rent in Panama City-Panama City Beach, FL.
- Median rent
- $3,400
- Gross yield
- 7.95%
- Avg home value
- $524,102
Tampa-St. Petersburg-Clearwater, FL
Tampa-St. Petersburg-Clearwater, FL median asking rent is $2,399, $199 (9%) higher than the $2,200 median asking rent in Panama City-Panama City Beach, FL.
- Median rent
- $2,399
- Gross yield
- 8.44%
- Avg home value
- $328,449
Orlando-Kissimmee-Sanford, FL
Orlando-Kissimmee-Sanford, FL median asking rent is $2,400, $200 (9.1%) higher than the $2,200 median asking rent in Panama City-Panama City Beach, FL.
- Median rent
- $2,400
- Gross yield
- 7.68%
- Avg home value
- $371,973
Cape Coral-Fort Myers, FL
Cape Coral-Fort Myers, FL and Panama City-Panama City Beach, FL both have a $2,200 median asking rent.
- Median rent
- $2,200
- Gross yield
- 8.79%
- Avg home value
- $305,715
Sebring, FL
Sebring, FL median asking rent is $1,650, $550 (25%) lower than the $2,200 median asking rent in Panama City-Panama City Beach, FL.
- Median rent
- $1,650
- Gross yield
- 9.58%
- Avg home value
- $206,363
Palatka, FL
Palatka, FL median asking rent is $1,500, $700 (31.8%) lower than the $2,200 median asking rent in Panama City-Panama City Beach, FL.
- Median rent
- $1,500
- Gross yield
- 11.89%
- Avg home value
- $127,142
Lake City, FL
Lake City, FL median asking rent is $1,795, $405 (18.4%) lower than the $2,200 median asking rent in Panama City-Panama City Beach, FL.
- Median rent
- $1,795
- Gross yield
- 10.15%
- Avg home value
- $165,981
Arcadia, FL
Arcadia, FL median asking rent is $1,800, $400 (18.2%) lower than the $2,200 median asking rent in Panama City-Panama City Beach, FL.
- Median rent
- $1,800
- Gross yield
- 9.82%
- Avg home value
- $250,255
Panama City-Panama City Beach, FL rental investing FAQ
Quick answers based on the latest Panama City-Panama City Beach, FL rental listing and market data.
What is the average rent in Panama City-Panama City Beach, FL?
As of July 2026, the median asking rent in Panama City-Panama City Beach, FL is $2,200. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Panama City-Panama City Beach, FL?
Panama City-Panama City Beach, FL currently prices at a 8.66% gross rental yield, versus 8.28% across Florida. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
What is the rent-to-price ratio in Panama City-Panama City Beach, FL?
Using the current median asking rent and average home value, Panama City-Panama City Beach, FL has a 0.73% monthly rent-to-value ratio and a 11.4x gross rent multiplier. These are market-level screening ratios, not property-level return estimates.
What cap rate can a rental property in Panama City-Panama City Beach, FL produce?
Cap rate depends on a property's price and net operating income after vacancy, taxes, insurance, management, repairs, and other operating costs. Use the calculator above with property-specific assumptions; the published gross yield is not a cap rate because it does not deduct expenses.
How much rent is needed for a DSCR loan in Panama City-Panama City Beach, FL?
The rent required depends on the property's principal, interest, taxes, insurance, and the lender's coverage threshold. The calculator above shows gross monthly rent at 1.00x, 1.20x, and 1.25x modeled PITIA. Lender definitions, qualifying rents, and minimum DSCR requirements vary.
Move from Panama City-Panama City Beach, FL market context to property-level screening
Open Rental Insights with Panama City-Panama City Beach, FL selected, then pair the yield signal with investor activity and rental data workflows.