What Airbnb listings in Panama City earn, how often they're booked, and how that compares with the rest of Panama City Beach, FL.

Over the past 12 months, regularly available listings in Panama City earned $30,153 on average, were booked for 53% of the nights they were open, and averaged $287 a night. The median gross yield, before expenses, is 17.1%.
Yearly revenue
$30,153
Occupancy
53%
Nightly rate
$287
Gross yield
17.1%
before expenses
Median of 90 listings
Active listings
102
Panama City pairs lower average booking revenue with a higher potential gross yield than Panama City Beach, FL. Trailing-year revenue averaged $30,153, versus $48,003 for the market; median potential gross yield was 17.1%, versus 12.8%.
Those figures answer different questions. Revenue reflects past bookings, while yield relates annual revenue potential to matched home values in a separate sample. The yield is before expenses, financing and taxes, so the higher figure should not be mistaken for a higher net return on a specific purchase.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
Regularly available Airbnb listings in Panama City earned an average of $30,153 over the past 12 months. That is 37% less than the Panama City Beach, FL average of $48,003. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Panama City were booked for an average of 53% of the nights they were open for booking over the past 12 months. That is 4 points higher than the Panama City Beach, FL average of 49%. Nights a host blocked off don't count.
The average nightly rate in Panama City was $287 over the past 12 months, including cleaning fees. That is 42% lower than the Panama City Beach, FL average of $493.
For homes with a matched home value, the median room-revenue potential in Panama City is $33,445 a year and the median gross yield is 17.1%. Gross yield is 4.3 points higher than the Panama City Beach, FL median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityOne-bedroom homes have the highest gross yield in Panama City, at 20.6%. The table shows average yearly revenue and median gross yield for each home size, with the Panama City Beach, FL figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 17 listings | $19,316 Panama City Beach, FL: $32,444 | 20.6% Panama City Beach, FL: 13.7% |
| 2 bedrooms 26 listings | $25,127 Panama City Beach, FL: $38,732 | 18.3% Panama City Beach, FL: 12.3% |
| 3 bedrooms 45 listings | $30,288 Panama City Beach, FL: $48,872 | 13.9% Panama City Beach, FL: 13.1% |
| 4+ bedrooms 13 listings | $53,307 Panama City Beach, FL: $87,888 | 12.5% Panama City Beach, FL: 12.2% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Panama City This area 102 listings | $30,153 | 53% | $287 | 17.1% |
| Panama City Beach, FL market 19,048 listings | $48,003 | 49% | $493 | 12.8% |
| Grand Lagoon & Thomas Drive 2,601 listings | $41,722 | 49% | $445 | 13.7% |
| Lynn Haven 25 listings | $36,964 | 57% | $296 | 9.9% |
| Middle Beach & Open Sands 2,347 listings | $38,503 | 47% | $398 | 11.8% |
| Long Beach 3,774 listings | $36,121 | 49% | $358 | 13.5% |
The Panama City Beach, FL market includes 13 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
It is the average price per booked night over the past 12 months, including cleaning fees.
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (102 in Panama City). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
Figures are current as of November 3, 2026 and refresh monthly.
The market page summarizes all of Panama City Beach, FL from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
With BNBCalc Markets, compare Panama City by bedroom count and performance level, see home prices, and browse its listings on the map.