Denver-Aurora-Lakewood vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 62% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,421/mo in Denver-Aurora-Lakewood — saving $6,504/year.
Rent by Unit Size
| Unit Size | Denver-Aurora-Lakewood | Panama City | Difference |
|---|---|---|---|
| Studio | $944 | $571 | $373 |
| 1 Bedroom | $1,123 | $706 | $417 |
| 2 Bedrooms | $1,421 | $879 | $542 |
| 3 Bedrooms | $1,665 | $1,032 | $633 |
| 4 Bedrooms | $2,036 | $1,302 | $734 |
| Median Income | $86,704 | $44,385 | $42,319 |
Denver-Aurora-Lakewood
- Studio
- $944/mo
- 1 BR
- $1,123/mo
- 2 BR
- $1,421/mo
- 3 BR
- $1,665/mo
- 4 BR
- $2,036/mo
- Median Income
- $86,704/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 Denver-Aurora-Lakewood or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,421/mo in Denver-Aurora-Lakewood. That's $542/mo or $6,504/year more expensive in Denver-Aurora-Lakewood (62% higher).
What is the 2-bedroom rent in Denver-Aurora-Lakewood vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Denver-Aurora-Lakewood is $1,421/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Denver-Aurora-Lakewood and Panama City?
The median household income in Denver-Aurora-Lakewood is $86,704/year. In Panama City it is $44,385/year. Denver-Aurora-Lakewood has the higher median income.
What is the studio rent in Denver-Aurora-Lakewood vs Panama City?
A studio apartment Fair Market Rent in Denver-Aurora-Lakewood is $944/mo. In Panama City it is $571/mo.