210 N 32nd Ave
OmahaNE68131
Cheap Homes for Rent in Panama, IA from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Panama.
120 N 30th St
OmahaNE68131
4314 N 52nd St
OmahaNE68104
5922 N 28th Ave
OmahaNE68111
1240 S 15th St
OmahaNE68108
1011 7th Ave
Council BluffsIA51501
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
109 S 1st St
Council BluffsIA51503
4123 Avenue C
Council BluffsIA51501
2115 Avenue M
Council BluffsIA51501
3309 Ave I
Council BluffsIA51501
3356 N 41st St
OmahaNE68111
5345 N 33rd Ave
OmahaNE68111
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
112 Court St
HarlanIA51537
Showing Results 1-13, Page 1 of 1
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 a home in Panama?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panama 2 Bedroom Homes for Rent | $1,669 | $1,150 | $2,950 |
| Panama 3 Bedroom Homes for Rent | $1,658 | $945 | $2,395 |
| Panama 4 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
Browse Top Homes for Rent in Panama
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Panama, IA Local Guide
- Nearby Cities
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Cheapest Available Panama Apartments for Rent and Nearby
The cheapest available apartment rental in Panama, IA is a 1 Bed unit found at 1209 Maple St priced from $550. Residences at Sorensen Square in the North Omaha neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Panama apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1209 Maple St | 1 BED / 1 BATH | 1BR,1BA | $550 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $750 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $775 |
| Woodland Apartments | One Bedroom/One Bath | 1BR,1BA | $781 |
Best Value Apartments for Rent in Panama, IA and Nearby
As of June 11, 2026 the best value apartment in the Panama area is the $1.11 price per square foot AC.2B.2B.G Model at The Brandeis in the in the Old Market neighborhood starting from $1,354. The second greatest value Panama apartment is the 1BR/1.0BA Model at The Archive starting at $1,050 with a $0.99 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. |
|---|---|---|---|
| The Brandeis | AC.2B.2B.G | 2BR,2BA | $1.11 |
| The Archive | 1BR/1.0BA | 1BR,1BA | $0.99 |
| Westwood Apartments | 2 BD | 2BR,1BA | $0.75 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.08 |
| Nichol Flats | 1x1 A | 1BR,1BA | $1.26 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $1.24 |
| The Bluffs | One Bedroom | 1BR,1BA | $1.25 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $1.25 |
| 1209 Maple St | 1 BED / 1 BATH | 1BR,1BA | $1.10 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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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Explore Panama, IA Rentals by Map
See the most popular apartments and homes in Panama, IA
Frequently Asked Questions about Panama
What type of rentals are currently available in Panama?
There are currently 54 Apartments for Rent in Panama, IA with pricing that ranges from $550 to $2,504. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama ranging from $945 to $2,950.
What is the current price range for Rental Homes in Panama?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Panama ranges from $945 to $2,950 with an average monthly rent of $1,593.
How much are larger Three and Four Bedroom Rentals in Panama?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Panama range from $1,200 to $2,504, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $679.
Expert Rental Resources
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.