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from $536Studio to 2 Bedroom Apartments Available Now
Dana Village
2854 Angels Share DrBlair, NE 68008
Cheap Apartments for Rent in Panama, IA from $500 (12 Rentals)
Cheap Apartments in Panama.
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from $5751 to 2 Bedroom Apartments Contact Us For Availability
Westwood Apartments
3601 11th AveCouncil Bluffs, IA 51501
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from $8001 to 3 Bedroom Apartments Available Now
Residences at Sorensen Square
6605 N 64th PlzOmaha, NE 68152
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Rent Specials
from $8231 Bedroom Apartments Available Now
Larimore Senior Residences
3483 Larimore AveOmaha, NE 68111
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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.
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from $8801 to 2 Bedroom Apartments Contact Us For Availability
Riverbend - Newly Renovated! Call today!
804 N 35th StCouncil Bluffs, IA 51501
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1705 Avenue C
Council BluffsIA51501
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Panama, IA Local Guide
The little mermaid in Iowa by Owen Richard is licensed under CC BY 2.0
How much does it cost to rent an apartment in Panama?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panama Studio Apartments | $935 | $536 | $1,215 |
| Panama 1 Bedroom Apartments | $1,189 | $561 | $1,780 |
| Panama 2 Bedroom Apartments | $1,478 | $663 | $2,465 |
| Panama 3 Bedroom Apartments | $1,578 | $1,050 | $2,450 |
| Panama 4 Bedroom Apartments | $1,573 | $1,500 | $1,646 |
Browse Top Apartments in Panama
See all Apartments in PanamaExplore Panama
Panama, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Panama Apartments for Rent and Nearby
The cheapest available apartment rental in Panama, IA is a Studio unit found at Dana Village priced from $536. Maple Second in the Old Market neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Panama apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dana Village | S3 | Studio,1BA | $536 |
| Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $800 |
| Larimore Senior Residences | One Bed/One Bat 50% Hh | 1BR,1BA | $823 |
| 3633 Avenue A | 2 Bed 1 Bath | 2BR,1BA | $850 |
| Sherwood Forest Apartments | 1 bd x 1 bth- small | 1BR,1BA | $910 |
Best Value Apartments for Rent in Panama, IA and Nearby
As of May 04, 2025 the best value apartment in the Panama area is the $1.18 price per square foot 1 Bed 1 Bath Model at Cornerstone Apartments in the in the Old Market neighborhood starting from $1,475. The second greatest value Panama apartment is the 2BR/1.0BA Model at The Archive starting at $1,475 with a $1.21 price per square foot in the Twin City neighborhood. Here is today’s list of the best values for Panama apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cornerstone Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
| The Archive | 2BR/1.0BA | 2BR,1BA | $1.21 |
| Residences at Sorensen Square | 3 Bedroom | 3BR,2BA | $1.08 |
| Highclere Apartments | 2 Beds 2 Baths | 2BR,2BA | $1.22 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.13 |
| The Bluffs | Two Bedroom 2nd Floor | 2BR,1BA | $1.05 |
| Deerfield | Two Bedroom 22A | 2BR,1.75BA | $1.29 |
| Larimore Senior Residences | One Bed/One Bath - 50% | 1BR,1BA | $1.28 |
| Sherwood Forest Apartments | 1 bd x 1 bth- small | 1BR,1BA | $1.30 |
| Dana Village | S1B | Studio ,1BA | $0.79 |
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See the most popular apartments and homes in Panama, IA
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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 Cheap Panama Apartments
What is the Cheapest Studio apartment in Panama?
Currently the most affordable Cheap Studio Apartment in Panama is at Dana Village listed at $536.
How much is rent for a Cheap One Bedroom Panama Apartment?
The lowest price for a Cheap One Bedroom Panama Apartment is $561 at Dana Village.
What is the lowest price for a Cheap Two Bedroom Panama Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Panama is starting from $850 at 3633 Avenue A.
What is the most affordable Panama Three Bedroom Apartment?
The best deal on a cheap Panama Three Bedroom Apartment rental is at 3633 Avenue A and starts from $1,050.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.