Hattiesburg vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Hattiesburg is 32% cheaper for renters. A 2-bedroom rents for $664/mo vs $879/mo in Panama City — saving $2,580/year.
Rent by Unit Size
| Unit Size | Hattiesburg | Panama City | Difference |
|---|---|---|---|
| Studio | $422 | $571 | $149 |
| 1 Bedroom | $529 | $706 | $177 |
| 2 Bedrooms | $664 | $879 | $215 |
| 3 Bedrooms | $782 | $1,032 | $250 |
| 4 Bedrooms | $910 | $1,302 | $392 |
| Median Income | $40,334 | $44,385 | $4,051 |
Hattiesburg
- Studio
- $422/mo
- 1 BR
- $529/mo
- 2 BR
- $664/mo
- 3 BR
- $782/mo
- 4 BR
- $910/mo
- Median Income
- $40,334/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 Hattiesburg or Panama City cheaper to rent in?
Hattiesburg is cheaper — a 2-bedroom Fair Market Rent is $664/mo vs $879/mo in Panama City. That's $215/mo or $2,580/year more expensive in Panama City (32% higher).
What is the 2-bedroom rent in Hattiesburg vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Hattiesburg is $664/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Hattiesburg and Panama City?
The median household income in Hattiesburg is $40,334/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Hattiesburg vs Panama City?
A studio apartment Fair Market Rent in Hattiesburg is $422/mo. In Panama City it is $571/mo.