Rent Your Vacation Home or Condo in Panama City, Florida

Panama City, FL offers one of the most unique and interesting vacation rental markets in the United States. In addition to being a great destination for tourists looking for a beachfront vacation, Panama City also has a thriving travel and hospitality industry. Tourism is a big part of the local economy, and many people who work in the industry rent out their homes while they are away. This allows them to earn some extra money during the off-season, which can be very important for both their financial well-being and their future career prospects. On top of that, Panama City has a growing population of retirees who have a lot of free time on their hands. If you are considering renting out your home as a short-term rental, this could be an opportunity for you to earn some extra money.

When partnering with RedAwning for your property management needs, we can make sure your Panama City rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Panama City

During the month of November, Panama City is projected to generate over $157/night for a 2 bedroom vacation rental, on average! There were 363 vacation active rental properties in Panama City.  315 are renting the entire place, and 48 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Panama City is booked 55% of the time, and most hosts are projected to generate $1,736 or more during the month of November! See how much you could earn with our free vacation rental income calculator.

$157.00 Per Night*


55% Occupied*


$1,736.00 Per Month*

* Based on the median average of all vacation rentals in the Panama City area.
Get a free estimate for your home or condo.

Featured Panama City Vacation Rental Generating Record Profits With RedAwning

Luxurious High-Rise Condo with Direct Beach Access & Beachside Pool- Unit 2105 Starting at $216 to $474 per night!

Luxury on the emerald gulf. Soak in the sun, breathe in the sea air, stroll on the white sand beach, or just admire the sparkling emerald water from your balcony at this luxurious high-rise resort on the breathtaking Gulf of Mexico in Panama City Beach This 1388 square-foot oceanfront unit offers an open floor plan and a large fully equipped kitchen with granite counter tops. Enjoy breathtaking views from the spacious 360 square-foot balcony. Our two bedroom accommodations include... Read More

This Panama City vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Panama City.

Successful short-term vacation rentals in Panama City, Florida

Panama City, Florida is a unique destination for vacation rentals. This destination is popular for its water sports, beaches and beautiful tropical landscape. Panama City is a great place to visit as a short-term rental owner. There are many advantages to renting out your home in Panama City, including: 1) You can earn extra money when you rent out your home. 2) You can explore the area by renting out your home while you are away. 3) Renting out your home can give you flexibility to travel when you choose to do so.

There is no shortage of vacation rental properties in Panama City, Florida. There are many reasons for this, including the city’s pleasant weather and proximity to both beaches and theme parks. Panama City has a thriving tourism industry that attracts visitors from all over the world. This means there is plenty of demand for short-term rentals. While some people may see short-term rentals as an easy way to make extra money, they can also present some challenges. These include issues such as noise complaints and safety concerns. There are steps you can take to minimize these risks, including renting out your home only during the tourist season and choosing properties with secure entryways and 24/7 security cameras. Another positive trend when it comes to short-term rentals in Panama City is that they are becoming more mainstream. There are now several websites dedicated to helping people find and book vacation rentals. And there are also new initiatives like Airbnb Home Share that enable homeowners to earn extra income by renting out their property on a short-term basis.

RedAwning takes the guess-work out of Panama City property management, and we work with you to ensure your Panama City short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Panama City vacation rental could earn:

Revenue Projections for Vacation Rentals in Panama City, Florida during December, 2023

Based on a 2 bedroom, which is the most common Panama City vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your Panama City vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In Panama City

Note: These averages are based on a 2 bedroom home in Panama City. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Panama City, Florida?

If you are a speculative home buyer or have another home in Florida, check out our other Florida Vacation Rental Management reports in Bradenton BeachBradentonBrooksvilleCape CanaveralCaptivaClearwater BeachClearwaterClermontCocoa BeachDade CityDaniaDavenportDaytona BeachEnglewoodFort LauderdaleFort MyersHaines CityHollywoodJacksonville BeachJacksonvilleJensen BeachKey WestKissimmeeMarathonMarco IslandMiami BeachOrlandoMiamiNaplesNavarreNew Port RicheyNorth Weeki WacheePalm BeachPompano BeachPunta GordaSaint PetersburgSanibelSarasotaSatellite BeachSt. AugustineSt. PetersburgStuartSurfsideTampaVero BeachWest Palm BeachFt. WaltonDestinPanama City BeachMiramarSiesta KeyPalm CoastFlagler BeachGeorgetownDatona BeachNew Smyrna BeachOak HillMelbornePalm BayFort PierceDelray BeachBoca RatonBrunswickHudsonVeniceBoca GrandeBonita SpringsEverglades CityOkaloosa IslandCape CoralDaytonaPort St. JoeCrystal RiverGainesvilleFort Myers BeachFort Walton BeachFernandina BeachSanta Rosa BeachHolmes BeachCape HazeSaint AugustineMiramar BeachTreasure IslandAnna MariaInlet BeachNavarre BeachInvernessChampions GateHollywood BeachSunny IslesPlacidaSeacrest BeachRosemary BeachHainesSunny Isles BeachIndian Rocks BeachDaytona Beach ShoresOkeechobeeLongboat KeyReunionPalm HarborProvidenceLake Buena VistaHernandoCortezOakland ParkMelbourneSeagrove BeachFour CornersFt Myers BeachOrmond BeachCrescent CityLargoDavnportBlue Mountain BeachSaint Augustine BeachPanama Beach CityChampion GateSt. Pete BeachPlantationKissimmieeKissimmeMarco IsandPalmettoMarcoMirimar BeachSt AugustineHallandale BeachSeminoleIndian ShoresDvenportDeltonaDunedinFt. Myers BeachRotonda WestLauderdaleHainescityEastpointGrayton BeachSeasidePensacola BeachLake PlacidShalimarPort St. LucieWinter HavenOcalaPensacolaWilton ManorsDaviePort RicheyOcoeeHorseshoe BeachNorth Miami BeachMargateLehigh AcresLake PanasoffkeeCutler BayHaverhillLake WalesGolden BeachSea Ranch LakesPort CharlotteMiami LakesFloral CityHomesteadSt. CloudOrange ParkGulf BreezeNorth PortLighthouse PointHawthorneTarpon SpringsDuck KeyRiviera BeachDunnellonSouth DaytonaTamaracTallahasseeAuburndalePine HillsSebastianBrandonFernandinaCape San BlasCabo CoralSebringFort WhiteInterlachenSaint James CityPt CanaveralDoralIndialanticInd Hbr BchHomosassa SpringsRuskinPlant CityPoincianaQuail HeightsTemple TerrMiami GardensWest MiamiVlg WellingtnPonte Vedra BeachCoral SpringsDeerfield BeachSpring HillSaint Aug Beach,  and Palmetto Bay, Florida or view all of our vacation rental market reports

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