Columbus vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 8% cheaper for renters. A 2-bedroom rents for $879/mo vs $951/mo in Columbus — saving $864/year.
Rent by Unit Size
| Unit Size | Columbus | Panama City | Difference |
|---|---|---|---|
| Studio | $608 | $571 | $37 |
| 1 Bedroom | $764 | $706 | $58 |
| 2 Bedrooms | $951 | $879 | $72 |
| 3 Bedrooms | $1,108 | $1,032 | $76 |
| 4 Bedrooms | $1,375 | $1,302 | $73 |
| Median Income | $63,239 | $44,385 | $18,854 |
Columbus
- Studio
- $608/mo
- 1 BR
- $764/mo
- 2 BR
- $951/mo
- 3 BR
- $1,108/mo
- 4 BR
- $1,375/mo
- Median Income
- $63,239/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?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $951/mo in Columbus. That's $72/mo or $864/year more expensive in Columbus (8% higher).
What is the 2-bedroom rent in Columbus vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Columbus is $951/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 $63,239/year. In Panama City it is $44,385/year. Columbus has the higher median income.
What is the studio rent in Columbus vs Panama City?
A studio apartment Fair Market Rent in Columbus is $608/mo. In Panama City it is $571/mo.