Lansing-East Lansing vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lansing-East Lansing is 5% cheaper for renters. A 2-bedroom rents for $837/mo vs $879/mo in Panama City — saving $504/year.
Rent by Unit Size
| Unit Size | Lansing-East Lansing | Panama City | Difference |
|---|---|---|---|
| Studio | $564 | $571 | $7 |
| 1 Bedroom | $685 | $706 | $21 |
| 2 Bedrooms | $837 | $879 | $42 |
| 3 Bedrooms | $1,018 | $1,032 | $14 |
| 4 Bedrooms | $1,246 | $1,302 | $56 |
| Median Income | $43,668 | $44,385 | $717 |
Lansing-East Lansing
- Studio
- $564/mo
- 1 BR
- $685/mo
- 2 BR
- $837/mo
- 3 BR
- $1,018/mo
- 4 BR
- $1,246/mo
- Median Income
- $43,668/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 Lansing-East Lansing or Panama City cheaper to rent in?
Lansing-East Lansing is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $879/mo in Panama City. That's $42/mo or $504/year more expensive in Panama City (5% higher).
What is the 2-bedroom rent in Lansing-East Lansing vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Lansing-East Lansing is $837/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Lansing-East Lansing and Panama City?
The median household income in Lansing-East Lansing is $43,668/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Lansing-East Lansing vs Panama City?
A studio apartment Fair Market Rent in Lansing-East Lansing is $564/mo. In Panama City it is $571/mo.