Greensboro-High Point vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Greensboro-High Point is 5% cheaper for renters. A 2-bedroom rents for $837/mo vs $879/mo in Panama City — saving $504/year.
Rent by Unit Size
| Unit Size | Greensboro-High Point | Panama City | Difference |
|---|---|---|---|
| Studio | $565 | $571 | $6 |
| 1 Bedroom | $699 | $706 | $7 |
| 2 Bedrooms | $837 | $879 | $42 |
| 3 Bedrooms | $1,051 | $1,032 | $19 |
| 4 Bedrooms | $1,259 | $1,302 | $43 |
| Median Income | $51,051 | $44,385 | $6,666 |
Greensboro-High Point
- Studio
- $565/mo
- 1 BR
- $699/mo
- 2 BR
- $837/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,259/mo
- Median Income
- $51,051/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 Greensboro-High Point or Panama City cheaper to rent in?
Greensboro-High Point is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $879/mo in Panama City. That's $42/mo or $504/year more expensive in Panama City (5% higher).
What is the 2-bedroom rent in Greensboro-High Point vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Greensboro-High Point is $837/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Greensboro-High Point and Panama City?
The median household income in Greensboro-High Point is $51,051/year. In Panama City it is $44,385/year. Greensboro-High Point has the higher median income.
What is the studio rent in Greensboro-High Point vs Panama City?
A studio apartment Fair Market Rent in Greensboro-High Point is $565/mo. In Panama City it is $571/mo.