Panama City vs Washington-Arlington-Alexandria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 84% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,617/mo in Washington-Arlington-Alexandria — saving $8,856/year.
Rent by Unit Size
| Unit Size | Panama City | Washington-Arlington-Alexandria | Difference |
|---|---|---|---|
| Studio | $571 | $1,069 | $498 |
| 1 Bedroom | $706 | $1,302 | $596 |
| 2 Bedrooms | $879 | $1,617 | $738 |
| 3 Bedrooms | $1,032 | $1,969 | $937 |
| 4 Bedrooms | $1,302 | $2,300 | $998 |
| Median Income | $44,385 | $101,438 | $57,053 |
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
Washington-Arlington-Alexandria
- Studio
- $1,069/mo
- 1 BR
- $1,302/mo
- 2 BR
- $1,617/mo
- 3 BR
- $1,969/mo
- 4 BR
- $2,300/mo
- Median Income
- $101,438/yr
Frequently Asked Questions
Is Panama City or Washington-Arlington-Alexandria cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,617/mo in Washington-Arlington-Alexandria. That's $738/mo or $8,856/year more expensive in Washington-Arlington-Alexandria (84% higher).
What is the 2-bedroom rent in Panama City vs Washington-Arlington-Alexandria?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Washington-Arlington-Alexandria, a 2-bedroom FMR is $1,617/month.
How do incomes compare between Panama City and Washington-Arlington-Alexandria?
The median household income in Panama City is $44,385/year. In Washington-Arlington-Alexandria it is $101,438/year. Washington-Arlington-Alexandria has the higher median income.
What is the studio rent in Panama City vs Washington-Arlington-Alexandria?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Washington-Arlington-Alexandria it is $1,069/mo.