1 Bedroom Apartments for Rent near Panama, NE (35 Rentals)

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Panama, NE Local Guide

Largest Available Panama and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Panama, NE is found at The Villas at Wilderness Ridge in the Southern Hills neighborhood and is 1,038 square feet priced from $1,515. Stone Ridge Estates Apartments & Duplexes has the second largest 1 Bedroom, which is sized at 1,030 square feet and currently listed start at $1,724. Here is today’s list of the largest available 1 Bedroom units in Panama:

Apartment ListingModel NameSquare FootagePriced From
The Villas at Wilderness RidgeBirch1,038 Sq Ft$1,515
Stone Ridge Estates Apartments & DuplexesLapis1,030 Sq Ft$1,724
East Lake FlatsMaverick1,007 Sq Ft$1,350
The Flats at 84Hampstead994 Sq Ft$1,418
WH FlatsLotus981 Sq Ft$1,492
Ridge Pointe VillasPiedmont924 Sq Ft$1,412
Williamsburg Park ApartmentsRoanoke River923 Sq Ft$1,189
Notting Hill ApartmentsDTH1 (twnhome)913 Sq Ft$1,440
Tamarin RidgePayne909 Sq Ft$1,299
Summit Falls Apartments & TownhomesOne Bedroom611 Sq Ft$1,095

Cheapest Available Panama and Nearby 1 Bedroom Apartments

As of September 12, 2026 the lowest priced 1 Bedroom apartment unit in Panama, NE is the 1 Bedroom, 1 Bathroom - 750 SF Model starting from $999 at Somerset in the Taylor Park neighborhood. The second most affordable Panama 1 Bedroom is the Meadow Lane Courtyard Model at Lodge at Heritage Lakes starting at $1,042 in the Family Acres neighborhood. The average price for all 1 Bedroom apartments in Panama is currently $1,268. Here is today’s list of the cheapest available 1 Bedroom options in Panama:

Apartment ListingModel NamePriced From
Somerset1 Bedroom, 1 Bathroom - 750 SF$999
Lodge at Heritage LakesMeadow Lane Courtyard$1,042
Hickman Hills ApartmentsB3$1,050
Highpointe by BroadmoorRainier$1,075
Rockledge Oaks ApartmentsA$1,075
Summit Falls Apartments & TownhomesOne Bedroom$1,095
56th Street Lofts &1 BR/1 BA$1,125
East Lake FlatsCordell$1,145
Sierra SuitesUNIT A$1,185
Williamsburg Park ApartmentsRoanoke River$1,189

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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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.

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Pet Friendly Lifestyle
Panama, NE

Ranked #73

Among cities in Nebraska 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:
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Frequently Asked Questions about 1 Bedroom Panama Apartments

What is the Cheapest apartment in Panama with 1 Bedroom?

Currently the most affordable 1 Bedroom in Panama is at Somerset listed at $999.

How much is the average rent for a 1 Bedroom Panama Apartment?

The average rent for a 1 Bedroom Apartment in Panama is $1,268.

What is the largest available 1 Bedroom Panama Apartment for rent?

Today's apartment with the most square footage in Panama is a 1,038 square feet unit starting from $1,515 at The Villas at Wilderness Ridge.

What is the average size for Panama 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Panama is currently 0 sq ft.

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

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.