Augusta-Richmond County vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Augusta-Richmond County is 7% cheaper for renters. A 2-bedroom rents for $818/mo vs $879/mo in Panama City — saving $732/year.
Rent by Unit Size
| Unit Size | Augusta-Richmond County | Panama City | Difference |
|---|---|---|---|
| Studio | $513 | $571 | $58 |
| 1 Bedroom | $644 | $706 | $62 |
| 2 Bedrooms | $818 | $879 | $61 |
| 3 Bedrooms | $947 | $1,032 | $85 |
| 4 Bedrooms | $1,121 | $1,302 | $181 |
| Median Income | $41,678 | $44,385 | $2,707 |
Augusta-Richmond County
- Studio
- $513/mo
- 1 BR
- $644/mo
- 2 BR
- $818/mo
- 3 BR
- $947/mo
- 4 BR
- $1,121/mo
- Median Income
- $41,678/yr
Panama City
- Studio
- $571/mo
- 1 BR
- $706/mo
- 2 BR
- $879/mo
- 3 BR
- $1,032/mo
- 4 BR
- $1,302/mo
- Median Income
- $44,385/yr
Frequently Asked Questions
Is Augusta-Richmond County or Panama City cheaper to rent in?
Augusta-Richmond County is cheaper — a 2-bedroom Fair Market Rent is $818/mo vs $879/mo in Panama City. That's $61/mo or $732/year more expensive in Panama City (7% higher).
What is the 2-bedroom rent in Augusta-Richmond County vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Augusta-Richmond County is $818/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Augusta-Richmond County and Panama City?
The median household income in Augusta-Richmond County is $41,678/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Augusta-Richmond County vs Panama City?
A studio apartment Fair Market Rent in Augusta-Richmond County is $513/mo. In Panama City it is $571/mo.