McAllen-Edinburg-Mission vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
McAllen-Edinburg-Mission is 26% cheaper for renters. A 2-bedroom rents for $697/mo vs $879/mo in Panama City — saving $2,184/year.
Rent by Unit Size
| Unit Size | McAllen-Edinburg-Mission | Panama City | Difference |
|---|---|---|---|
| Studio | $480 | $571 | $91 |
| 1 Bedroom | $568 | $706 | $138 |
| 2 Bedrooms | $697 | $879 | $182 |
| 3 Bedrooms | $893 | $1,032 | $139 |
| 4 Bedrooms | $982 | $1,302 | $320 |
| Median Income | $36,633 | $44,385 | $7,752 |
McAllen-Edinburg-Mission
- Studio
- $480/mo
- 1 BR
- $568/mo
- 2 BR
- $697/mo
- 3 BR
- $893/mo
- 4 BR
- $982/mo
- Median Income
- $36,633/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 McAllen-Edinburg-Mission or Panama City cheaper to rent in?
McAllen-Edinburg-Mission is cheaper — a 2-bedroom Fair Market Rent is $697/mo vs $879/mo in Panama City. That's $182/mo or $2,184/year more expensive in Panama City (26% higher).
What is the 2-bedroom rent in McAllen-Edinburg-Mission vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in McAllen-Edinburg-Mission is $697/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between McAllen-Edinburg-Mission and Panama City?
The median household income in McAllen-Edinburg-Mission is $36,633/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in McAllen-Edinburg-Mission vs Panama City?
A studio apartment Fair Market Rent in McAllen-Edinburg-Mission is $480/mo. In Panama City it is $571/mo.