RentYield Atlas

ZIP 32408 — Panama City Beach, FL: rental yield & market data

Gross rental yield of 5.55% — ranked #553 of 687 Florida ZIP codes. June 2026 data.

Gross rental yield
5.55%
Home value
$371,472
Market rent / mo
$1,717
Price-to-rent
18.0

Trend

Metric1-year change5-year change
Home value-3.8% +16.8%
Market rent+6.2%

Metro: Panama City, FL · County: Bay County · Annual rent: $20,604

Comparable ZIP codes in Florida

Similar home values, sorted by yield — the cheapest way to see if 32408 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
34203BradentonFL$370,583$2,6498.58%11.7-6.0%
33594ValricoFL$371,299$2,3947.74%12.9-2.7%
34736GrovelandFL$371,218$2,3487.59%13.2-4.1%
33950Punta GordaFL$370,454$2,2947.43%13.5-10.8%
33764ClearwaterFL$372,429$2,1116.80%14.7-1.9%
32086Saint AugustineFL$371,087$2,0686.69%15.0-2.0%
32258JacksonvilleFL$371,716$1,7955.80%17.3-1.4%
33615TampaFL$370,833$1,6545.35%18.7+0.1%

Top rental yields in all of Florida →

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