Kansas City vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 3% cheaper for renters. A 2-bedroom rents for $879/mo vs $905/mo in Kansas City — saving $312/year.
Rent by Unit Size
| Unit Size | Kansas City | Panama City | Difference |
|---|---|---|---|
| Studio | $640 | $571 | $69 |
| 1 Bedroom | $763 | $706 | $57 |
| 2 Bedrooms | $905 | $879 | $26 |
| 3 Bedrooms | $1,153 | $1,032 | $121 |
| 4 Bedrooms | $1,355 | $1,302 | $53 |
| Median Income | $53,137 | $44,385 | $8,752 |
Kansas City
- Studio
- $640/mo
- 1 BR
- $763/mo
- 2 BR
- $905/mo
- 3 BR
- $1,153/mo
- 4 BR
- $1,355/mo
- Median Income
- $53,137/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 Kansas City or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $905/mo in Kansas City. That's $26/mo or $312/year more expensive in Kansas City (3% higher).
What is the 2-bedroom rent in Kansas City vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Kansas City is $905/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Kansas City and Panama City?
The median household income in Kansas City is $53,137/year. In Panama City it is $44,385/year. Kansas City has the higher median income.
What is the studio rent in Kansas City vs Panama City?
A studio apartment Fair Market Rent in Kansas City is $640/mo. In Panama City it is $571/mo.