Panama City vs Salinas
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 81% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,591/mo in Salinas — saving $8,544/year.
Rent by Unit Size
| Unit Size | Panama City | Salinas | Difference |
|---|---|---|---|
| Studio | $571 | $1,095 | $524 |
| 1 Bedroom | $706 | $1,311 | $605 |
| 2 Bedrooms | $879 | $1,591 | $712 |
| 3 Bedrooms | $1,032 | $2,085 | $1,053 |
| 4 Bedrooms | $1,302 | $2,361 | $1,059 |
| Median Income | $44,385 | $84,603 | $40,218 |
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
Salinas
- Studio
- $1,095/mo
- 1 BR
- $1,311/mo
- 2 BR
- $1,591/mo
- 3 BR
- $2,085/mo
- 4 BR
- $2,361/mo
- Median Income
- $84,603/yr
Frequently Asked Questions
Is Panama City or Salinas cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,591/mo in Salinas. That's $712/mo or $8,544/year more expensive in Salinas (81% higher).
What is the 2-bedroom rent in Panama City vs Salinas?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Salinas, a 2-bedroom FMR is $1,591/month.
How do incomes compare between Panama City and Salinas?
The median household income in Panama City is $44,385/year. In Salinas it is $84,603/year. Salinas has the higher median income.
What is the studio rent in Panama City vs Salinas?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Salinas it is $1,095/mo.