Miami-Fort Lauderdale-Pompano Beach vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 76% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,543/mo in Miami-Fort Lauderdale-Pompano Beach — saving $7,968/year.
Rent by Unit Size
| Unit Size | Miami-Fort Lauderdale-Pompano Beach | Panama City | Difference |
|---|---|---|---|
| Studio | $979 | $571 | $408 |
| 1 Bedroom | $1,206 | $706 | $500 |
| 2 Bedrooms | $1,543 | $879 | $664 |
| 3 Bedrooms | $1,928 | $1,032 | $896 |
| 4 Bedrooms | $2,007 | $1,302 | $705 |
| Median Income | $86,139 | $44,385 | $41,754 |
Miami-Fort Lauderdale-Pompano Beach
- Studio
- $979/mo
- 1 BR
- $1,206/mo
- 2 BR
- $1,543/mo
- 3 BR
- $1,928/mo
- 4 BR
- $2,007/mo
- Median Income
- $86,139/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 Miami-Fort Lauderdale-Pompano Beach or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,543/mo in Miami-Fort Lauderdale-Pompano Beach. That's $664/mo or $7,968/year more expensive in Miami-Fort Lauderdale-Pompano Beach (76% higher).
What is the 2-bedroom rent in Miami-Fort Lauderdale-Pompano Beach vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Miami-Fort Lauderdale-Pompano Beach is $1,543/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Miami-Fort Lauderdale-Pompano Beach and Panama City?
The median household income in Miami-Fort Lauderdale-Pompano Beach is $86,139/year. In Panama City it is $44,385/year. Miami-Fort Lauderdale-Pompano Beach has the higher median income.
What is the studio rent in Miami-Fort Lauderdale-Pompano Beach vs Panama City?
A studio apartment Fair Market Rent in Miami-Fort Lauderdale-Pompano Beach is $979/mo. In Panama City it is $571/mo.