Panama City vs Sierra Vista-Douglas
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sierra Vista-Douglas is 34% cheaper for renters. A 2-bedroom rents for $658/mo vs $879/mo in Panama City — saving $2,652/year.
Rent by Unit Size
| Unit Size | Panama City | Sierra Vista-Douglas | Difference |
|---|---|---|---|
| Studio | $571 | $434 | $137 |
| 1 Bedroom | $706 | $551 | $155 |
| 2 Bedrooms | $879 | $658 | $221 |
| 3 Bedrooms | $1,032 | $812 | $220 |
| 4 Bedrooms | $1,302 | $944 | $358 |
| Median Income | $44,385 | $43,362 | $1,023 |
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
Sierra Vista-Douglas
- Studio
- $434/mo
- 1 BR
- $551/mo
- 2 BR
- $658/mo
- 3 BR
- $812/mo
- 4 BR
- $944/mo
- Median Income
- $43,362/yr
Frequently Asked Questions
Is Panama City or Sierra Vista-Douglas cheaper to rent in?
Sierra Vista-Douglas is cheaper — a 2-bedroom Fair Market Rent is $658/mo vs $879/mo in Panama City. That's $221/mo or $2,652/year more expensive in Panama City (34% higher).
What is the 2-bedroom rent in Panama City vs Sierra Vista-Douglas?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Sierra Vista-Douglas, a 2-bedroom FMR is $658/month.
How do incomes compare between Panama City and Sierra Vista-Douglas?
The median household income in Panama City is $44,385/year. In Sierra Vista-Douglas it is $43,362/year. Panama City has the higher median income.
What is the studio rent in Panama City vs Sierra Vista-Douglas?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Sierra Vista-Douglas it is $434/mo.