
3 Bedroom Apartments for Rent in Panama, IA (33 Rentals)


Deerfield Apartments

Hidden Bluffs Apartments

Deerfield

CopperCreek

Featherstone Apartments

The Rochester Apartments

Residences at Sorensen Square

Northview

The Bluffs

4514 N 36th Ave

207 S Maple Ave

517 W Graham Ave

3408 N 24th St

1114 Hiatt St

5357 N 34th St

335 N 1st St

3525 Martin Ave

209 N 30th St

6106 Ellison Ave

421 S 8th St

3228 Fontenelle Blvd

4114 N 54th St

3420 Ave F

7810 Morris St

1309 McPherson Ave

333 E Ferndale Dr
Panama, IA Local Guide

How much does it cost to rent an apartment in Panama?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Panama Studio Apartments | $936 | $536 | $1,185 |
Panama 1 Bedroom Apartments | $1,109 | $561 | $1,864 |
Panama 2 Bedroom Apartments | $1,484 | $663 | $2,694 |
Panama 3 Bedroom Apartments | $1,680 | $1,050 | $2,645 |
Panama 4 Bedroom Apartments | $1,602 | $639 | $2,596 |
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Panama, IA Local Guide
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Largest Available Panama and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Panama, IA is found at The Brandeis in the Old Market neighborhood and is 2,222 square feet priced from $2,450. Valley View Estates has the second largest 3 Bedroom, which is sized at 1,337 square feet and currently listed start at $1,825. Here is today’s list of the largest available 3 Bedroom units in Panama:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
The Brandeis | AC.3B.2.5B | 2,222 Sq Ft | $2,450 |
Valley View Estates | 3 Bedroom | 1,337 Sq Ft | $1,825 |
Deerfield | Three Bedroom 32A | 1,250 Sq Ft | $1,390 |
TigerTown Plaza | 3 Beds, 2 Baths | 1,206 Sq Ft | $1,785 |
Residences at Sorensen Square | 3 Bedroom | 1,200 Sq Ft | $1,300 |
The Rochester Apartments | The Tintyper Loft | 1,122 Sq Ft | $1,740 |
Featherstone Apartments | Three Bedroom | One Bath | 1,053 Sq Ft | $1,200 |
3633 Avenue A | 3 Bed 1 Bath | 600 Sq Ft | $1,050 |
Cheapest Available Panama and Nearby 3 Bedroom Apartments
As of August 05, 2025 the lowest priced 3 Bedroom apartment unit in Panama, IA is the 3 Bed 1 Bath Model starting from $1,050 at 3633 Avenue A in the Old Market neighborhood. The second most affordable Panama 3 Bedroom is the Three Bedroom | One Bath Model at Featherstone Apartments starting at $1,200 . The average price for all 3 Bedroom apartments in Panama is currently $1,680. Here is today’s list of the cheapest available 3 Bedroom options in Panama:
Apartment Listing | Model Name | Priced From |
---|---|---|
3633 Avenue A | 3 Bed 1 Bath | $1,050 |
Featherstone Apartments | Three Bedroom | One Bath | $1,200 |
Residences at Sorensen Square | 3 Bedroom | $1,300 |
Deerfield | Three Bedroom 32A | $1,390 |
The Brandeis | AC.3B.2B.G | $1,700 |
The Rochester Apartments | The Tintyper Loft | $1,740 |
TigerTown Plaza | 3 Beds, 2 Baths | $1,785 |
Valley View Estates | 3 Bedroom | $1,825 |
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Pet Friendly LifestylePanama, IA
Ranked #139
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 3 Bedroom Panama Apartments
What is the Cheapest apartment in Panama with 3 Bedroom?
Currently the most affordable 3 Bedroom in Panama is at 3633 Avenue A listed at $1,050.
How much is the average rent for a 3 Bedroom Panama Apartment?
The average rent for a 3 Bedroom Apartment in Panama is $1,680.
What is the largest available 3 Bedroom Panama Apartment for rent?
Today's apartment with the most square footage in Panama is a 2,222 square feet unit starting from $2,450 at The Brandeis.
What is the average size for Panama 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Panama is currently 1,000 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.

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.

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

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.

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.