Columbia vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 5% cheaper for renters. A 2-bedroom rents for $879/mo vs $927/mo in Columbia — saving $576/year.
Rent by Unit Size
| Unit Size | Columbia | Panama City | Difference |
|---|---|---|---|
| Studio | $644 | $571 | $73 |
| 1 Bedroom | $771 | $706 | $65 |
| 2 Bedrooms | $927 | $879 | $48 |
| 3 Bedrooms | $1,178 | $1,032 | $146 |
| 4 Bedrooms | $1,341 | $1,302 | $39 |
| Median Income | $53,072 | $44,385 | $8,687 |
Columbia
- Studio
- $644/mo
- 1 BR
- $771/mo
- 2 BR
- $927/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,341/mo
- Median Income
- $53,072/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 Columbia or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $927/mo in Columbia. That's $48/mo or $576/year more expensive in Columbia (5% higher).
What is the 2-bedroom rent in Columbia vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Columbia is $927/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Columbia and Panama City?
The median household income in Columbia is $53,072/year. In Panama City it is $44,385/year. Columbia has the higher median income.
What is the studio rent in Columbia vs Panama City?
A studio apartment Fair Market Rent in Columbia is $644/mo. In Panama City it is $571/mo.