Apartments For Rent All Utilities Included Panama City Florida . Find panama city properties for rent at the best price. Official cheap panama city apartments for rent from $500 with utilities included. 2602 Willow Oak Ct Unit 1, Panama City, FL 32408 Apartment for Rent from www.apartments.com All bills paid houses for. As of june 2022, the average apartment rent in panama city, fl is $828 for a studio, $1,024 for one bedroom, $1,124 for two bedrooms, and $1,721 for three bedrooms. Apartment is a 1 bed, 1.0 bath unit.