Hanford-Corcoran vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Hanford-Corcoran is 1% cheaper for renters. A 2-bedroom rents for $871/mo vs $879/mo in Panama City — saving $96/year.
Rent by Unit Size
| Unit Size | Hanford-Corcoran | Panama City | Difference |
|---|---|---|---|
| Studio | $578 | $571 | $7 |
| 1 Bedroom | $702 | $706 | $4 |
| 2 Bedrooms | $871 | $879 | $8 |
| 3 Bedrooms | $1,106 | $1,032 | $74 |
| 4 Bedrooms | $1,179 | $1,302 | $123 |
| Median Income | $53,765 | $44,385 | $9,380 |
Hanford-Corcoran
- Studio
- $578/mo
- 1 BR
- $702/mo
- 2 BR
- $871/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,179/mo
- Median Income
- $53,765/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 Hanford-Corcoran or Panama City cheaper to rent in?
Hanford-Corcoran is cheaper — a 2-bedroom Fair Market Rent is $871/mo vs $879/mo in Panama City. That's $8/mo or $96/year more expensive in Panama City (1% higher).
What is the 2-bedroom rent in Hanford-Corcoran vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Hanford-Corcoran is $871/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Hanford-Corcoran and Panama City?
The median household income in Hanford-Corcoran is $53,765/year. In Panama City it is $44,385/year. Hanford-Corcoran has the higher median income.
What is the studio rent in Hanford-Corcoran vs Panama City?
A studio apartment Fair Market Rent in Hanford-Corcoran is $578/mo. In Panama City it is $571/mo.