RentYield Atlas

ZIP 32405 — Panama City, FL: rental yield & market data

Gross rental yield of 6.79% — ranked #358 of 687 Florida ZIP codes. June 2026 data.

Gross rental yield
6.79%
Home value
$297,826
Market rent / mo
$1,684
Price-to-rent
14.7

Trend

Metric1-year change5-year change
Home value+0.9% +22.9%
Market rent-0.5%

Metro: Panama City, FL · County: Bay County · Annual rent: $20,208

Comparable ZIP codes in Florida

Similar home values, sorted by yield — the cheapest way to see if 32405 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
34951Fort PierceFL$298,967$2,2699.11%11.0-2.1%
33782Pinellas ParkFL$298,619$2,1198.51%11.7-4.6%
34482OcalaFL$297,016$2,0398.24%12.1-2.6%
32221JacksonvilleFL$298,226$1,9667.91%12.6-2.1%
34476OcalaFL$298,441$1,9367.78%12.8-3.2%
32536CrestviewFL$296,732$1,8937.66%13.1+0.3%
33884Winter HavenFL$297,833$1,8187.33%13.6-3.0%
34731Fruitland ParkFL$297,277$1,5086.09%16.4-2.2%

Top rental yields in all of Florida →

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