Bend vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 44% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,266/mo in Bend — saving $4,644/year.
Rent by Unit Size
| Unit Size | Bend | Panama City | Difference |
|---|---|---|---|
| Studio | $835 | $571 | $264 |
| 1 Bedroom | $1,054 | $706 | $348 |
| 2 Bedrooms | $1,266 | $879 | $387 |
| 3 Bedrooms | $1,678 | $1,032 | $646 |
| 4 Bedrooms | $1,841 | $1,302 | $539 |
| Median Income | $68,847 | $44,385 | $24,462 |
Bend
- Studio
- $835/mo
- 1 BR
- $1,054/mo
- 2 BR
- $1,266/mo
- 3 BR
- $1,678/mo
- 4 BR
- $1,841/mo
- Median Income
- $68,847/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 Bend or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,266/mo in Bend. That's $387/mo or $4,644/year more expensive in Bend (44% higher).
What is the 2-bedroom rent in Bend vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Bend is $1,266/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Bend and Panama City?
The median household income in Bend is $68,847/year. In Panama City it is $44,385/year. Bend has the higher median income.
What is the studio rent in Bend vs Panama City?
A studio apartment Fair Market Rent in Bend is $835/mo. In Panama City it is $571/mo.