Eugene-Springfield vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 24% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,086/mo in Eugene-Springfield — saving $2,484/year.
Rent by Unit Size
| Unit Size | Eugene-Springfield | Panama City | Difference |
|---|---|---|---|
| Studio | $766 | $571 | $195 |
| 1 Bedroom | $910 | $706 | $204 |
| 2 Bedrooms | $1,086 | $879 | $207 |
| 3 Bedrooms | $1,381 | $1,032 | $349 |
| 4 Bedrooms | $1,623 | $1,302 | $321 |
| Median Income | $70,814 | $44,385 | $26,429 |
Eugene-Springfield
- Studio
- $766/mo
- 1 BR
- $910/mo
- 2 BR
- $1,086/mo
- 3 BR
- $1,381/mo
- 4 BR
- $1,623/mo
- Median Income
- $70,814/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 Eugene-Springfield or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,086/mo in Eugene-Springfield. That's $207/mo or $2,484/year more expensive in Eugene-Springfield (24% higher).
What is the 2-bedroom rent in Eugene-Springfield vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Eugene-Springfield is $1,086/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Eugene-Springfield and Panama City?
The median household income in Eugene-Springfield is $70,814/year. In Panama City it is $44,385/year. Eugene-Springfield has the higher median income.
What is the studio rent in Eugene-Springfield vs Panama City?
A studio apartment Fair Market Rent in Eugene-Springfield is $766/mo. In Panama City it is $571/mo.