2 Bedroom Apartments for Rent in Panama, IA (48 Rentals)

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property at 1120 S 34th St

1120 S 34th St

Council BluffsIA51501
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Lakeside Estates
2 Bedroom Apartments

Lakeside Estates

3510 N 9th StCarter Lake, IA 51510
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Panama, IA Local Guide

Largest Available Panama and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Panama, IA is found at TipTop Apartments in the Old Market neighborhood and is 1,779 square feet priced from $1,665. The Brandeis has the second largest 2 Bedroom, which is sized at 1,465 square feet and currently listed start at $1,600. Here is today’s list of the largest available 2 Bedroom units in Panama:

Apartment ListingModel NameSquare FootagePriced From
TipTop ApartmentsCushion1,779 Sq Ft$1,665
The BrandeisAC.2B.2B.G1,465 Sq Ft$1,600
DeerfieldTwo Bedroom 22D1,350 Sq Ft$1,440
Breakers Omaha1,305 Sq Ft$2,315
Valley View Estates2 Bedroom1,245 Sq Ft$1,465
River Park by BroadmoorSavannah1,236 Sq Ft$1,815
The Rochester ApartmentsThe Bookbinder1,148 Sq Ft$1,615
Highclere Apartments2 Beds 2 Baths1,100 Sq Ft$1,365
Deer ParkPrairie1,039 Sq Ft$1,400
The Archive2BR/2.0BA867 Sq Ft$1,500

Cheapest Available Panama and Nearby 2 Bedroom Apartments

As of July 31, 2025 the lowest priced 2 Bedroom apartment unit in Panama, IA is the 2x1a Model starting from $825 at Kimberly Manor . The second most affordable Panama 2 Bedroom is the 2 Bed 1 Bath Model at 3633 Avenue A starting at $900 in the Old Market neighborhood. The average price for all 2 Bedroom apartments in Panama is currently $1,488. Here is today’s list of the cheapest available 2 Bedroom options in Panama:

Apartment ListingModel NamePriced From
Kimberly Manor2x1a$825
3633 Avenue A2 Bed 1 Bath$900
Residences at Sorensen Square2 Bedroom$925
The BluffsTwo Bedroom 1st Floor$970
Featherstone ApartmentsTwo Bedroom | One Bath$1,100
TigerTown Plaza2 Beds, 2 Baths$1,175
TipTop ApartmentsPixie$1,206
The BrandeisAC.2B.G$1,300
Highclere Apartments2 Beds 2 Baths$1,365
DeerfieldTwo Bedroom 22D$1,440

Quick Rent Budget Calculator

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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 #139

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!

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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 2 Bedroom Panama Apartments

What is the Cheapest apartment in Panama with 2 Bedroom?

Currently the most affordable 2 Bedroom in Panama is at Kimberly Manor listed at $825.

How much is the average rent for a 2 Bedroom Panama Apartment?

The average rent for a 2 Bedroom Apartment in Panama is $1,488.

What is the largest available 2 Bedroom Panama Apartment for rent?

Today's apartment with the most square footage in Panama is a 1,779 square feet unit starting from $1,665 at TipTop Apartments.

What is the average size for Panama 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Panama is currently 942 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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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.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.