Daphne-Fairhope-Foley vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 6% cheaper for renters. A 2-bedroom rents for $879/mo vs $932/mo in Daphne-Fairhope-Foley — saving $636/year.
Rent by Unit Size
| Unit Size | Daphne-Fairhope-Foley | Panama City | Difference |
|---|---|---|---|
| Studio | $651 | $571 | $80 |
| 1 Bedroom | $770 | $706 | $64 |
| 2 Bedrooms | $932 | $879 | $53 |
| 3 Bedrooms | $1,160 | $1,032 | $128 |
| 4 Bedrooms | $1,392 | $1,302 | $90 |
| Median Income | $59,073 | $44,385 | $14,688 |
Daphne-Fairhope-Foley
- Studio
- $651/mo
- 1 BR
- $770/mo
- 2 BR
- $932/mo
- 3 BR
- $1,160/mo
- 4 BR
- $1,392/mo
- Median Income
- $59,073/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 Daphne-Fairhope-Foley or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $932/mo in Daphne-Fairhope-Foley. That's $53/mo or $636/year more expensive in Daphne-Fairhope-Foley (6% higher).
What is the 2-bedroom rent in Daphne-Fairhope-Foley vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Daphne-Fairhope-Foley is $932/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Daphne-Fairhope-Foley and Panama City?
The median household income in Daphne-Fairhope-Foley is $59,073/year. In Panama City it is $44,385/year. Daphne-Fairhope-Foley has the higher median income.
What is the studio rent in Daphne-Fairhope-Foley vs Panama City?
A studio apartment Fair Market Rent in Daphne-Fairhope-Foley is $651/mo. In Panama City it is $571/mo.