Las Vegas-Henderson-Paradise vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 32% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,158/mo in Las Vegas-Henderson-Paradise — saving $3,348/year.
Rent by Unit Size
| Unit Size | Las Vegas-Henderson-Paradise | Panama City | Difference |
|---|---|---|---|
| Studio | $763 | $571 | $192 |
| 1 Bedroom | $930 | $706 | $224 |
| 2 Bedrooms | $1,158 | $879 | $279 |
| 3 Bedrooms | $1,413 | $1,032 | $381 |
| 4 Bedrooms | $1,616 | $1,302 | $314 |
| Median Income | $65,358 | $44,385 | $20,973 |
Las Vegas-Henderson-Paradise
- Studio
- $763/mo
- 1 BR
- $930/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,413/mo
- 4 BR
- $1,616/mo
- Median Income
- $65,358/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 Las Vegas-Henderson-Paradise or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,158/mo in Las Vegas-Henderson-Paradise. That's $279/mo or $3,348/year more expensive in Las Vegas-Henderson-Paradise (32% higher).
What is the 2-bedroom rent in Las Vegas-Henderson-Paradise vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Las Vegas-Henderson-Paradise is $1,158/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Las Vegas-Henderson-Paradise and Panama City?
The median household income in Las Vegas-Henderson-Paradise is $65,358/year. In Panama City it is $44,385/year. Las Vegas-Henderson-Paradise has the higher median income.
What is the studio rent in Las Vegas-Henderson-Paradise vs Panama City?
A studio apartment Fair Market Rent in Las Vegas-Henderson-Paradise is $763/mo. In Panama City it is $571/mo.