Fayetteville vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fayetteville is 15% cheaper for renters. A 2-bedroom rents for $763/mo vs $879/mo in Panama City — saving $1,392/year.
Rent by Unit Size
| Unit Size | Fayetteville | Panama City | Difference |
|---|---|---|---|
| Studio | $541 | $571 | $30 |
| 1 Bedroom | $639 | $706 | $67 |
| 2 Bedrooms | $763 | $879 | $116 |
| 3 Bedrooms | $1,019 | $1,032 | $13 |
| 4 Bedrooms | $1,164 | $1,302 | $138 |
| Median Income | $49,948 | $44,385 | $5,563 |
Fayetteville
- Studio
- $541/mo
- 1 BR
- $639/mo
- 2 BR
- $763/mo
- 3 BR
- $1,019/mo
- 4 BR
- $1,164/mo
- Median Income
- $49,948/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 Fayetteville or Panama City cheaper to rent in?
Fayetteville is cheaper — a 2-bedroom Fair Market Rent is $763/mo vs $879/mo in Panama City. That's $116/mo or $1,392/year more expensive in Panama City (15% higher).
What is the 2-bedroom rent in Fayetteville vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Fayetteville is $763/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Fayetteville and Panama City?
The median household income in Fayetteville is $49,948/year. In Panama City it is $44,385/year. Fayetteville has the higher median income.
What is the studio rent in Fayetteville vs Panama City?
A studio apartment Fair Market Rent in Fayetteville is $541/mo. In Panama City it is $571/mo.