Little Rock-North Little Rock vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Little Rock-North Little Rock is 14% cheaper for renters. A 2-bedroom rents for $773/mo vs $879/mo in Panama City — saving $1,272/year.
Rent by Unit Size
| Unit Size | Little Rock-North Little Rock | Panama City | Difference |
|---|---|---|---|
| Studio | $514 | $571 | $57 |
| 1 Bedroom | $643 | $706 | $63 |
| 2 Bedrooms | $773 | $879 | $106 |
| 3 Bedrooms | $1,000 | $1,032 | $32 |
| 4 Bedrooms | $1,151 | $1,302 | $151 |
| Median Income | $44,379 | $44,385 | $6 |
Little Rock-North Little Rock
- Studio
- $514/mo
- 1 BR
- $643/mo
- 2 BR
- $773/mo
- 3 BR
- $1,000/mo
- 4 BR
- $1,151/mo
- Median Income
- $44,379/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 Little Rock-North Little Rock or Panama City cheaper to rent in?
Little Rock-North Little Rock is cheaper — a 2-bedroom Fair Market Rent is $773/mo vs $879/mo in Panama City. That's $106/mo or $1,272/year more expensive in Panama City (14% higher).
What is the 2-bedroom rent in Little Rock-North Little Rock vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Little Rock-North Little Rock is $773/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Little Rock-North Little Rock and Panama City?
The median household income in Little Rock-North Little Rock is $44,379/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Little Rock-North Little Rock vs Panama City?
A studio apartment Fair Market Rent in Little Rock-North Little Rock is $514/mo. In Panama City it is $571/mo.