Panama City vs Tyler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Tyler is 16% cheaper for renters. A 2-bedroom rents for $757/mo vs $879/mo in Panama City — saving $1,464/year.
Rent by Unit Size
| Unit Size | Panama City | Tyler | Difference |
|---|---|---|---|
| Studio | $571 | $504 | $67 |
| 1 Bedroom | $706 | $624 | $82 |
| 2 Bedrooms | $879 | $757 | $122 |
| 3 Bedrooms | $1,032 | $960 | $72 |
| 4 Bedrooms | $1,302 | $1,128 | $174 |
| Median Income | $44,385 | $46,988 | $2,603 |
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
Tyler
- Studio
- $504/mo
- 1 BR
- $624/mo
- 2 BR
- $757/mo
- 3 BR
- $960/mo
- 4 BR
- $1,128/mo
- Median Income
- $46,988/yr
Frequently Asked Questions
Is Panama City or Tyler cheaper to rent in?
Tyler is cheaper — a 2-bedroom Fair Market Rent is $757/mo vs $879/mo in Panama City. That's $122/mo or $1,464/year more expensive in Panama City (16% higher).
What is the 2-bedroom rent in Panama City vs Tyler?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Tyler, a 2-bedroom FMR is $757/month.
How do incomes compare between Panama City and Tyler?
The median household income in Panama City is $44,385/year. In Tyler it is $46,988/year. Tyler has the higher median income.
What is the studio rent in Panama City vs Tyler?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Tyler it is $504/mo.