Houston-The Woodlands-Sugar Land vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 22% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,074/mo in Houston-The Woodlands-Sugar Land — saving $2,340/year.
Rent by Unit Size
| Unit Size | Houston-The Woodlands-Sugar Land | Panama City | Difference |
|---|---|---|---|
| Studio | $687 | $571 | $116 |
| 1 Bedroom | $867 | $706 | $161 |
| 2 Bedrooms | $1,074 | $879 | $195 |
| 3 Bedrooms | $1,344 | $1,032 | $312 |
| 4 Bedrooms | $1,471 | $1,302 | $169 |
| Median Income | $60,467 | $44,385 | $16,082 |
Houston-The Woodlands-Sugar Land
- Studio
- $687/mo
- 1 BR
- $867/mo
- 2 BR
- $1,074/mo
- 3 BR
- $1,344/mo
- 4 BR
- $1,471/mo
- Median Income
- $60,467/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 Houston-The Woodlands-Sugar Land or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,074/mo in Houston-The Woodlands-Sugar Land. That's $195/mo or $2,340/year more expensive in Houston-The Woodlands-Sugar Land (22% higher).
What is the 2-bedroom rent in Houston-The Woodlands-Sugar Land vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Houston-The Woodlands-Sugar Land is $1,074/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Houston-The Woodlands-Sugar Land and Panama City?
The median household income in Houston-The Woodlands-Sugar Land is $60,467/year. In Panama City it is $44,385/year. Houston-The Woodlands-Sugar Land has the higher median income.
What is the studio rent in Houston-The Woodlands-Sugar Land vs Panama City?
A studio apartment Fair Market Rent in Houston-The Woodlands-Sugar Land is $687/mo. In Panama City it is $571/mo.