Fresno vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 23% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,083/mo in Fresno — saving $2,448/year.
Rent by Unit Size
| Unit Size | Fresno | Panama City | Difference |
|---|---|---|---|
| Studio | $732 | $571 | $161 |
| 1 Bedroom | $890 | $706 | $184 |
| 2 Bedrooms | $1,083 | $879 | $204 |
| 3 Bedrooms | $1,294 | $1,032 | $262 |
| 4 Bedrooms | $1,619 | $1,302 | $317 |
| Median Income | $61,735 | $44,385 | $17,350 |
Fresno
- Studio
- $732/mo
- 1 BR
- $890/mo
- 2 BR
- $1,083/mo
- 3 BR
- $1,294/mo
- 4 BR
- $1,619/mo
- Median Income
- $61,735/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 Fresno or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,083/mo in Fresno. That's $204/mo or $2,448/year more expensive in Fresno (23% higher).
What is the 2-bedroom rent in Fresno vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Fresno is $1,083/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Fresno and Panama City?
The median household income in Fresno is $61,735/year. In Panama City it is $44,385/year. Fresno has the higher median income.
What is the studio rent in Fresno vs Panama City?
A studio apartment Fair Market Rent in Fresno is $732/mo. In Panama City it is $571/mo.