Panama City city: Median Gross Rent Trend
How Panama City city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$881
2023
$1,334
Total change
+$453
% change
+51.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $881 | — |
| 2019 | $945 | +$64 (7.3%) |
| 2020 | $964 | +$19 (2%) |
| 2021 | $1,074 | +$110 (11.4%) |
| 2022 | $1,221 | +$147 (13.7%) |
| 2023 | $1,334 | +$113 (9.3%) |