Fort Collins vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 40% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,227/mo in Fort Collins — saving $4,176/year.
Rent by Unit Size
| Unit Size | Fort Collins | Panama City | Difference |
|---|---|---|---|
| Studio | $839 | $571 | $268 |
| 1 Bedroom | $990 | $706 | $284 |
| 2 Bedrooms | $1,227 | $879 | $348 |
| 3 Bedrooms | $1,487 | $1,032 | $455 |
| 4 Bedrooms | $1,747 | $1,302 | $445 |
| Median Income | $63,053 | $44,385 | $18,668 |
Fort Collins
- Studio
- $839/mo
- 1 BR
- $990/mo
- 2 BR
- $1,227/mo
- 3 BR
- $1,487/mo
- 4 BR
- $1,747/mo
- Median Income
- $63,053/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 Fort Collins or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,227/mo in Fort Collins. That's $348/mo or $4,176/year more expensive in Fort Collins (40% higher).
What is the 2-bedroom rent in Fort Collins vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Fort Collins is $1,227/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Fort Collins and Panama City?
The median household income in Fort Collins is $63,053/year. In Panama City it is $44,385/year. Fort Collins has the higher median income.
What is the studio rent in Fort Collins vs Panama City?
A studio apartment Fair Market Rent in Fort Collins is $839/mo. In Panama City it is $571/mo.