00 Meadowlane Neighborhood
LincolnNE68505
Cheap Homes for Rent in Panama, NE from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Panama.
311 S 47th St
LincolnNE68510
1727 S 13th St
LincolnNE68502
4621 Prescott Ave
LincolnNE68506
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.
1641 Prospect St
LincolnNE68502
940 South St
LincolnNE68502
2068 S 18th St
LincolnNE68502
500 Eldora Ln
LincolnNE68505
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.
Showing Results 1-8, Page 1 of 1
Panama, NE Local Guide
Chimney Rock by Doug Kerr 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 | $1,900 | $1,250 | $2,550 |
| Panama 3 Bedroom Homes for Rent | $2,059 | $1,200 | $3,000 |
| Panama 4 Bedroom Homes for Rent | $2,750 | $1,900 | $3,200 |
| Panama 5 Bedroom Homes for Rent | $3,068 | $2,250 | $3,645 |
Browse Top Homes for Rent in Panama
Explore Panama
Panama, NE Local Guide
- Nearby Cities
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Cheapest Available Panama Apartments for Rent and Nearby
The cheapest available apartment rental in Panama, NE is a Studio unit found at Kensington Park in the Southern Hills neighborhood priced from $805. Pine Lake Heights Apartments in the Southern Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $883. Here is today’s list of the most affordable Panama apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kensington Park | Studio | Studio,1BA | $805 |
| Pine Lake Heights Apartments | Shelby | Studio,1BA | $883 |
| Lodge at Heritage Lakes | Conestoga | Studio,1BA | $913 |
Best Value Apartments for Rent in Panama, NE and Nearby
As of May 24, 2025 the best value apartment in the Panama area is the $1.39 price per square foot Banyon Model at Tamarin Ridge in the in the Salt Valley View neighborhood starting from $1,500. The second greatest value Panama apartment is the B1R Model at The Donovan Apartment Homes starting at $1,580 with a $1.49 price per square foot in the Country Club 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. |
|---|---|---|---|
| Tamarin Ridge | Banyon | 2BR,2BA | $1.39 |
| The Donovan Apartment Homes | B1R | 2BR,2BA | $1.49 |
| Ridge Pointe Villas | Sicily | 2BR,2BA | $1.63 |
| Wilderness Hills South Apartments | C1 Attached Garage | 2BR,2BA | $1.55 |
| Williamsburg Park Apartments | Roanoke River | 1BR,1BA | $1.27 |
| Kensington Park | 5100 Building Attached garage | 1BR,1.5BA | $1.14 |
| Highpointe by Broadmoor | Denali | 1BR,1BA | $1.45 |
| The Flats at 84 | Bedford | 1BR,1BA | $1.67 |
| Wilderness Brook Apartments | One Bedroom | 1BR,1BA | $1.57 |
| Lodge at Heritage Lakes | Conestoga | Studio ,1BA | $1.57 |
Quick Rent Budget Calculator
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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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Frequently Asked Questions about Panama
What type of rentals are currently available in Panama?
There are currently 34 Apartments for Rent in Panama, NE with pricing that ranges from $805 to $10,096. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama ranging from $650 to $3,645.
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 $650 to $3,645 with an average monthly rent of $2,098.
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.