Helena vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Helena is 3% cheaper for renters. A 2-bedroom rents for $857/mo vs $879/mo in Panama City — saving $264/year.
Rent by Unit Size
| Unit Size | Helena | Panama City | Difference |
|---|---|---|---|
| Studio | $577 | $571 | $6 |
| 1 Bedroom | $711 | $706 | $5 |
| 2 Bedrooms | $857 | $879 | $22 |
| 3 Bedrooms | $1,057 | $1,032 | $25 |
| 4 Bedrooms | $1,186 | $1,302 | $116 |
| Median Income | $47,790 | $44,385 | $3,405 |
Helena
- Studio
- $577/mo
- 1 BR
- $711/mo
- 2 BR
- $857/mo
- 3 BR
- $1,057/mo
- 4 BR
- $1,186/mo
- Median Income
- $47,790/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 Helena or Panama City cheaper to rent in?
Helena is cheaper — a 2-bedroom Fair Market Rent is $857/mo vs $879/mo in Panama City. That's $22/mo or $264/year more expensive in Panama City (3% higher).
What is the 2-bedroom rent in Helena vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Helena is $857/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Helena and Panama City?
The median household income in Helena is $47,790/year. In Panama City it is $44,385/year. Helena has the higher median income.
What is the studio rent in Helena vs Panama City?
A studio apartment Fair Market Rent in Helena is $577/mo. In Panama City it is $571/mo.