Lincoln vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 5% cheaper for renters. A 2-bedroom rents for $835/mo vs $879/mo in Panama City — saving $528/year.
Rent by Unit Size
| Unit Size | Lincoln | Panama City | Difference |
|---|---|---|---|
| Studio | $561 | $571 | $10 |
| 1 Bedroom | $685 | $706 | $21 |
| 2 Bedrooms | $835 | $879 | $44 |
| 3 Bedrooms | $1,007 | $1,032 | $25 |
| 4 Bedrooms | $1,216 | $1,302 | $86 |
| Median Income | $40,210 | $44,385 | $4,175 |
Lincoln
- Studio
- $561/mo
- 1 BR
- $685/mo
- 2 BR
- $835/mo
- 3 BR
- $1,007/mo
- 4 BR
- $1,216/mo
- Median Income
- $40,210/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 Lincoln or Panama City cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $879/mo in Panama City. That's $44/mo or $528/year more expensive in Panama City (5% higher).
What is the 2-bedroom rent in Lincoln vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Lincoln and Panama City?
The median household income in Lincoln is $40,210/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Lincoln vs Panama City?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In Panama City it is $571/mo.