Jackson vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Jackson is 28% cheaper for renters. A 2-bedroom rents for $689/mo vs $879/mo in Panama City — saving $2,280/year.
Rent by Unit Size
| Unit Size | Jackson | Panama City | Difference |
|---|---|---|---|
| Studio | $447 | $571 | $124 |
| 1 Bedroom | $567 | $706 | $139 |
| 2 Bedrooms | $689 | $879 | $190 |
| 3 Bedrooms | $897 | $1,032 | $135 |
| 4 Bedrooms | $1,019 | $1,302 | $283 |
| Median Income | $45,630 | $44,385 | $1,245 |
Jackson
- Studio
- $447/mo
- 1 BR
- $567/mo
- 2 BR
- $689/mo
- 3 BR
- $897/mo
- 4 BR
- $1,019/mo
- Median Income
- $45,630/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 Jackson or Panama City cheaper to rent in?
Jackson is cheaper — a 2-bedroom Fair Market Rent is $689/mo vs $879/mo in Panama City. That's $190/mo or $2,280/year more expensive in Panama City (28% higher).
What is the 2-bedroom rent in Jackson vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Jackson is $689/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Jackson and Panama City?
The median household income in Jackson is $45,630/year. In Panama City it is $44,385/year. Jackson has the higher median income.
What is the studio rent in Jackson vs Panama City?
A studio apartment Fair Market Rent in Jackson is $447/mo. In Panama City it is $571/mo.