Baton Rouge vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 0% cheaper for renters. A 2-bedroom rents for $879/mo vs $882/mo in Baton Rouge — saving $36/year.
Rent by Unit Size
| Unit Size | Baton Rouge | Panama City | Difference |
|---|---|---|---|
| Studio | $586 | $571 | $15 |
| 1 Bedroom | $697 | $706 | $9 |
| 2 Bedrooms | $882 | $879 | $3 |
| 3 Bedrooms | $1,039 | $1,032 | $7 |
| 4 Bedrooms | $1,260 | $1,302 | $42 |
| Median Income | $47,944 | $44,385 | $3,559 |
Baton Rouge
- Studio
- $586/mo
- 1 BR
- $697/mo
- 2 BR
- $882/mo
- 3 BR
- $1,039/mo
- 4 BR
- $1,260/mo
- Median Income
- $47,944/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 Baton Rouge or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $882/mo in Baton Rouge. That's $3/mo or $36/year more expensive in Baton Rouge (0% higher).
What is the 2-bedroom rent in Baton Rouge vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Baton Rouge is $882/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Baton Rouge and Panama City?
The median household income in Baton Rouge is $47,944/year. In Panama City it is $44,385/year. Baton Rouge has the higher median income.
What is the studio rent in Baton Rouge vs Panama City?
A studio apartment Fair Market Rent in Baton Rouge is $586/mo. In Panama City it is $571/mo.