Killeen-Temple vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Killeen-Temple is 7% cheaper for renters. A 2-bedroom rents for $821/mo vs $879/mo in Panama City — saving $696/year.
Rent by Unit Size
| Unit Size | Killeen-Temple | Panama City | Difference |
|---|---|---|---|
| Studio | $537 | $571 | $34 |
| 1 Bedroom | $671 | $706 | $35 |
| 2 Bedrooms | $821 | $879 | $58 |
| 3 Bedrooms | $1,031 | $1,032 | $1 |
| 4 Bedrooms | $1,205 | $1,302 | $97 |
| Median Income | $41,045 | $44,385 | $3,340 |
Killeen-Temple
- Studio
- $537/mo
- 1 BR
- $671/mo
- 2 BR
- $821/mo
- 3 BR
- $1,031/mo
- 4 BR
- $1,205/mo
- Median Income
- $41,045/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 Killeen-Temple or Panama City cheaper to rent in?
Killeen-Temple is cheaper — a 2-bedroom Fair Market Rent is $821/mo vs $879/mo in Panama City. That's $58/mo or $696/year more expensive in Panama City (7% higher).
What is the 2-bedroom rent in Killeen-Temple vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Killeen-Temple is $821/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Killeen-Temple and Panama City?
The median household income in Killeen-Temple is $41,045/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Killeen-Temple vs Panama City?
A studio apartment Fair Market Rent in Killeen-Temple is $537/mo. In Panama City it is $571/mo.