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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Panama City Beach, FL Housing Affordability Index

Panama City Beach, Florida has an MBR Housing Affordability Index score of 88.5 (Moderately Less Affordable) as of October 30, 2026, ranking 342nd most affordable of 479 scored Florida cities, compared with 92.5 statewide and 97.4 nationally. On a median-priced $441,300 home with 20% down, the Florida average 30-year fixed rate of 7.14% means a monthly principal and interest payment of about $2,382, or 35% of the city’s $80,941 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Panama City Beach is updated every night from live Florida mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Panama City Beach MBR-HAI 88.5 Moderately Less Affordable
Rank in Florida 342 of 479 1 = most affordable
Florida 92.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.14% Florida lenders
Median home value $441,300 U.S. Census Bureau

Panama City Beach is 4.0 points below the Florida score. Scores as of October 30, 2026. See the Florida index

View Panama City Beach Mortgage Rates

What It Takes to Buy in Panama City Beach

$2,382/mo
Principal & Interest
Median home, 20% down, 7.14%
$102,100
Income Needed
To keep the payment at 28% of income
$80,941
Median Household Income
Florida: $74,568
5.5x
Price-to-Income Ratio
Florida: 4.8x
$1,591/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,681/yr
Median Property Tax
0.61% of median value
34.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
56.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Panama City Beach, Florida. The rate is the Florida average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Panama City Beach Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Panama City Beach, Florida score: 88.5 (Moderately Less Affordable), ranked 342 of 479 Florida cities. monitorbankrates.com/housing-affordability-index/florida/panama-city-beach”