
3 Bedroom Apartments for Rent in Panama, IA (28 Rentals)


The Greenhouse

Deerfield Apartments

Deerfield

Featherstone Apartments

CopperCreek

Hidden Bluffs Apartments
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.

The Rochester Apartments

Residences at Sorensen Square

The Bluffs

4225 Pinkney St

1905 S 11th St

5542 N 35th St
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.

3748 N 43rd St

3933 Blondo St

5224 Bauman Ave

2927 Avenue C

4725 N 60th St

335 N 1st St

4529 Grand Ave

3808 N 13th St

5432 N 46th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $905 | $536 | $1,215 |
Panama 1 Bedroom Apartments | $1,185 | $561 | $1,740 |
Panama 2 Bedroom Apartments | $1,473 | $663 | $2,365 |
Panama 3 Bedroom Apartments | $1,633 | $1,050 | $2,450 |
Panama 4 Bedroom Apartments | $1,573 | $1,500 | $1,646 |
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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 |
TigerTown Plaza | 3 Beds, 2 Baths | 1,206 Sq Ft | $1,785 |
Residences at Sorensen Square | 3 Bedroom | 1,200 Sq Ft | $1,300 |
Featherstone Apartments | Three Bedroom | One Bath | 1,053 Sq Ft | $1,200 |
3633 Avenue A | 3 Bed 1 Bath | 600 Sq Ft | $1,050 |
Hidden Bluffs Apartments | 3X2 Garden | 0 Sq Ft | $1,195 |
Cheapest Available Panama and Nearby 3 Bedroom Apartments
As of May 30, 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 3X2 Garden Model at Hidden Bluffs Apartments starting at $1,195 . The average price for all 3 Bedroom apartments in Panama is currently $1,633. 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 |
Hidden Bluffs Apartments | 3X2 Garden | $1,195 |
Featherstone Apartments | Three Bedroom | One Bath | $1,200 |
Residences at Sorensen Square | 3 Bedroom | $1,300 |
TigerTown Plaza | 3 Beds, 2 Baths | $1,785 |
Valley View Estates | 3 Bedroom | $1,825 |
The Brandeis | AC.3B.2.5B | $2,450 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePanama, IA
Ranked #133
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!
Explore Panama, IA Rentals by Map
See the most popular apartments and homes in Panama, IA
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 $1,633.
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 1,297 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 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.