Panama City vs Vallejo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 48% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,303/mo in Vallejo — saving $5,088/year.
Rent by Unit Size
| Unit Size | Panama City | Vallejo | Difference |
|---|---|---|---|
| Studio | $571 | $874 | $303 |
| 1 Bedroom | $706 | $1,089 | $383 |
| 2 Bedrooms | $879 | $1,303 | $424 |
| 3 Bedrooms | $1,032 | $1,587 | $555 |
| 4 Bedrooms | $1,302 | $1,958 | $656 |
| Median Income | $44,385 | $78,610 | $34,225 |
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
Vallejo
- Studio
- $874/mo
- 1 BR
- $1,089/mo
- 2 BR
- $1,303/mo
- 3 BR
- $1,587/mo
- 4 BR
- $1,958/mo
- Median Income
- $78,610/yr
Frequently Asked Questions
Is Panama City or Vallejo cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,303/mo in Vallejo. That's $424/mo or $5,088/year more expensive in Vallejo (48% higher).
What is the 2-bedroom rent in Panama City vs Vallejo?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Vallejo, a 2-bedroom FMR is $1,303/month.
How do incomes compare between Panama City and Vallejo?
The median household income in Panama City is $44,385/year. In Vallejo it is $78,610/year. Vallejo has the higher median income.
What is the studio rent in Panama City vs Vallejo?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Vallejo it is $874/mo.