Panama City-Panama City Beach, FL Metro Area: Median Gross Rent Trend
How Panama City-Panama City Beach, FL Metro Area'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
$964
2023
$1,390
Total change
+$426
% change
+44.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $964 | — |
| 2019 | $1,049 | +$85 (8.8%) |
| 2020 | $1,099 | +$50 (4.8%) |
| 2021 | $1,191 | +$92 (8.4%) |
| 2022 | $1,311 | +$120 (10.1%) |
| 2023 | $1,390 | +$79 (6%) |