2026 Affordability Data
Most Affordable Neighborhoods in Panama City Beach - 2026 Data
The median home value in Panama City Beach is $203,200, 28% below nat'l avg. Median rent is $1,606/month. With an affordability index of 124, Panama City Beach is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Panama City Beach, FL area.
Key Takeaways: Affordability in Panama City Beach
- 1The most affordable neighborhood in Panama City Beach is Sanford, with a median home value of $77,800.
- 2Panama City Beach's median home value is $203,200, 28% below nat'l avg (national: $281,900).
- 3Panama City Beach's affordability index is 124 (baseline 100), making it more affordable than the national average.
- 4Median rent in Panama City Beach is $1,606/month, 38% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Panama City Beach to find the most affordable areas based on home values, rent, and affordability index.
Panama City Beach Affordability Overview
Median Home Value
$203,200
28% below nat'l avg
Median Rent
$1,606/mo
38% above nat'l avg
Median Income
$60,250
19% below nat'l avg
Affordability Index
124
24% above nat'l avg
Most Affordable Neighborhoods in Panama City Beach (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | SanfordFL | $77,800 |
| 2 | SebringFL | $152,000 |
| 3 | Belle GladeFL | $136,500 |
| 4 | Winter HavenFL | $220,800 |
| 5 | Wellington villageFL | $492,300 |
| 6 | MinneolaFL | $348,700 |
| 7 | Miami Shores villageFL | $682,100 |
| 8 | West ParkFL | $305,400 |
| 9 | BartowFL | $195,200 |
| 10 | WildwoodFL | $363,900 |
| 11 | SeminoleFL | $279,000 |
| 12 | Pinecrest villageFL | $1,129,900 |
| 13 | Key Biscayne villageFL | $1,331,900 |
| 14 | Lake WalesFL | $208,500 |
| 15 | Palmetto Bay villageFL | $715,700 |
Detailed Neighborhood Profiles
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
Home Value: $152,000
Rent: $776/mo
Affordability: 214
Population: 11,006
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
4
Home Value: $220,800
Rent: $776/mo
Affordability: 214
Population: 50,778
5
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
6
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
7
Home Value: $682,100
Rent: $776/mo
Affordability: 214
Population: 11,638
8
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
9
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
10
Home Value: $363,900
Rent: $776/mo
Affordability: 214
Population: 15,735
11
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
12
Home Value: $1,129,900
Rent: $776/mo
Affordability: 214
Population: 18,279
13
Home Value: $1,331,900
Rent: $776/mo
Affordability: 214
Population: 14,572
14
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
15
Home Value: $715,700
Rent: $776/mo
Affordability: 214
Population: 24,267
Frequently Asked Questions About Affordability in Panama City Beach
What is the most affordable neighborhood in Panama City Beach, FL?▾
Based on 2026 data, Sanford is the most affordable neighborhood in Panama City Beach with a median home value of $77,800. Kurby analyzed 15 neighborhoods in the Panama City Beach area to compile these rankings.
What is the median home price in Panama City Beach, FL?▾
The median home price in Panama City Beach is $203,200, which is 28% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Panama City Beach affordable compared to the national average?▾
Panama City Beach has an affordability index of 124, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Panama City Beach, FL?▾
The median monthly rent in Panama City Beach is $1,606. This is 38% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Panama City Beach?▾
The median household income in Panama City Beach is $60,250 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Panama City Beach are below the national average home price?▾
7 out of 15 ranked neighborhoods in Panama City Beach have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).