Columbus vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Columbus is 20% cheaper for renters. A 2-bedroom rents for $733/mo vs $879/mo in Panama City — saving $1,752/year.
Rent by Unit Size
| Unit Size | Columbus | Panama City | Difference |
|---|---|---|---|
| Studio | $493 | $571 | $78 |
| 1 Bedroom | $600 | $706 | $106 |
| 2 Bedrooms | $733 | $879 | $146 |
| 3 Bedrooms | $932 | $1,032 | $100 |
| 4 Bedrooms | $1,032 | $1,302 | $270 |
| Median Income | $37,268 | $44,385 | $7,117 |
Columbus
- Studio
- $493/mo
- 1 BR
- $600/mo
- 2 BR
- $733/mo
- 3 BR
- $932/mo
- 4 BR
- $1,032/mo
- Median Income
- $37,268/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 Columbus or Panama City cheaper to rent in?
Columbus is cheaper — a 2-bedroom Fair Market Rent is $733/mo vs $879/mo in Panama City. That's $146/mo or $1,752/year more expensive in Panama City (20% higher).
What is the 2-bedroom rent in Columbus vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Columbus is $733/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Columbus and Panama City?
The median household income in Columbus is $37,268/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Columbus vs Panama City?
A studio apartment Fair Market Rent in Columbus is $493/mo. In Panama City it is $571/mo.