1 Bedroom Apartments for Rent in Panama, IA (43 Rentals)

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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22 Floors
1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102
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The Archive
1 Bedroom Apartments

The Archive

8 S 6th StCouncil Bluffs, IA 51501
Student Housing
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Bloc 12
1 Bedroom Apartments

Bloc 12

424 S 12th StOmaha, NE 68102

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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12 Howard
1 Bedroom Apartments

12 Howard

1201 Howard StOmaha, NE 68102
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Lakeside Estates
1 Bedroom Apartments

Lakeside Estates

3510 N 9th StCarter Lake, IA 51510
Showing Results 1-43, Page 1 of 1

Panama, IA Local Guide

Largest Available Panama and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Panama, IA is found at Cornerstone Apartments in the Old Market neighborhood and is 1,250 square feet priced from $1,550. The Archive in the Twin City neighborhood has the second largest 1 Bedroom, which is sized at 1,224 square feet and currently listed start at $1,350. Here is today’s list of the largest available 1 Bedroom units in Panama:

Apartment ListingModel NameSquare FootagePriced From
Cornerstone Apartments1,250 Sq Ft$1,550
The Archive1BR/1.0BA1,224 Sq Ft$1,350
Valley View Estates1 Bedroom950 Sq Ft$1,270
Capitol Place Apartments1J Bed893 Sq Ft$1,620
River Park by BroadmoorRio Grande888 Sq Ft$1,295
The BrandeisAC.1B.G801 Sq Ft$950
Sherwood Forest Apartments1 bd x 1 bth-large800 Sq Ft$950
TipTop Apartments1st Floor - 1 Bed779 Sq Ft$1,350
Dana VillageA2B595 Sq Ft$561
TreeHouseBlue Jay0 Sq Ft$1,600

Cheapest Available Panama and Nearby 1 Bedroom Apartments

As of September 20, 2025 the lowest priced 1 Bedroom apartment unit in Panama, IA is the A3B Model starting from $561 at Dana Village . The second most affordable Panama 1 Bedroom is the Deluxe Model at Westwood Apartments starting at $600 in the Old Market neighborhood. The average price for all 1 Bedroom apartments in Panama is currently $1,094. Here is today’s list of the cheapest available 1 Bedroom options in Panama:

Apartment ListingModel NamePriced From
Dana VillageA3B$561
Westwood ApartmentsDeluxe$600
Larimore Senior ResidencesOne Bed/One Bat 60%$760
Regency Villa of Atlantic1 Bedroom$775
Woodland ApartmentsOne Bedroom/One Bath$781
Maple SecondOne Bed/One Bath | 1-1$800
Woodland Park - Griswold1 BR$800
Cottonwood Apartments1X1B$830
22 FloorsFlash$895
Featherstone ApartmentsOne Bedroom | One Bath$900

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Panama, IA

Ranked #168

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Panama, IA Rentals by Map

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See the most popular apartments and homes in Panama, IA

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Getting Around Panama, IA

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

14 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about 1 Bedroom Panama Apartments

What is the Cheapest apartment in Panama with 1 Bedroom?

Currently the most affordable 1 Bedroom in Panama is at Dana Village listed at $561.

How much is the average rent for a 1 Bedroom Panama Apartment?

The average rent for a 1 Bedroom Apartment in Panama is $1,094.

What is the largest available 1 Bedroom Panama Apartment for rent?

Today's apartment with the most square footage in Panama is a 1,250 square feet unit starting from $1,550 at Cornerstone Apartments.

What is the average size for Panama 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Panama is currently 576 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.