Panama City vs Seattle-Tacoma-Bellevue
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 79% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,576/mo in Seattle-Tacoma-Bellevue — saving $8,364/year.
Rent by Unit Size
| Unit Size | Panama City | Seattle-Tacoma-Bellevue | Difference |
|---|---|---|---|
| Studio | $571 | $1,044 | $473 |
| 1 Bedroom | $706 | $1,322 | $616 |
| 2 Bedrooms | $879 | $1,576 | $697 |
| 3 Bedrooms | $1,032 | $1,978 | $946 |
| 4 Bedrooms | $1,302 | $2,418 | $1,116 |
| Median Income | $44,385 | $109,700 | $65,315 |
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
Seattle-Tacoma-Bellevue
- Studio
- $1,044/mo
- 1 BR
- $1,322/mo
- 2 BR
- $1,576/mo
- 3 BR
- $1,978/mo
- 4 BR
- $2,418/mo
- Median Income
- $109,700/yr
Frequently Asked Questions
Is Panama City or Seattle-Tacoma-Bellevue cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,576/mo in Seattle-Tacoma-Bellevue. That's $697/mo or $8,364/year more expensive in Seattle-Tacoma-Bellevue (79% higher).
What is the 2-bedroom rent in Panama City vs Seattle-Tacoma-Bellevue?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Seattle-Tacoma-Bellevue, a 2-bedroom FMR is $1,576/month.
How do incomes compare between Panama City and Seattle-Tacoma-Bellevue?
The median household income in Panama City is $44,385/year. In Seattle-Tacoma-Bellevue it is $109,700/year. Seattle-Tacoma-Bellevue has the higher median income.
What is the studio rent in Panama City vs Seattle-Tacoma-Bellevue?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Seattle-Tacoma-Bellevue it is $1,044/mo.