Boston-Cambridge-Newton vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 100% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,754/mo in Boston-Cambridge-Newton — saving $10,500/year.
Rent by Unit Size
| Unit Size | Boston-Cambridge-Newton | Panama City | Difference |
|---|---|---|---|
| Studio | $1,196 | $571 | $625 |
| 1 Bedroom | $1,409 | $706 | $703 |
| 2 Bedrooms | $1,754 | $879 | $875 |
| 3 Bedrooms | $2,044 | $1,032 | $1,012 |
| 4 Bedrooms | $2,555 | $1,302 | $1,253 |
| Median Income | $100,795 | $44,385 | $56,410 |
Boston-Cambridge-Newton
- Studio
- $1,196/mo
- 1 BR
- $1,409/mo
- 2 BR
- $1,754/mo
- 3 BR
- $2,044/mo
- 4 BR
- $2,555/mo
- Median Income
- $100,795/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 Boston-Cambridge-Newton or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,754/mo in Boston-Cambridge-Newton. That's $875/mo or $10,500/year more expensive in Boston-Cambridge-Newton (100% higher).
What is the 2-bedroom rent in Boston-Cambridge-Newton vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Boston-Cambridge-Newton is $1,754/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Boston-Cambridge-Newton and Panama City?
The median household income in Boston-Cambridge-Newton is $100,795/year. In Panama City it is $44,385/year. Boston-Cambridge-Newton has the higher median income.
What is the studio rent in Boston-Cambridge-Newton vs Panama City?
A studio apartment Fair Market Rent in Boston-Cambridge-Newton is $1,196/mo. In Panama City it is $571/mo.