The electric-field-dependent $g$ factor and the electron electric dipole moment (eEDM)-induced Stark splittings for the lowest rotational levels of $^{207,208}$PbF are calculated. Observed and calculated Zeeman shifts for $^{207}$PbF are found to be in very good agreement. It is shown that the $^{207}$PbF hyperfine sublevels provide a promising system for the eEDM search and related experiments.