
1 Bedroom Apartments for Rent in Panama, NY (31 Rentals)


Tanglewood Apartments

Northview Heights Apartments

The Reserve at Millcreek

716 Sassafras Apartments

Glenwood Towers

Harborcreek Senior Apartments

Modern Tool Square

Fairmount Hills Apartments

Colonial 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 Meadows

Herbert Star Apartments

Ellicott Oaks Apartments

CopperLeaf Erie

Wellman Building

Laurel Springs Apartments

Shadow Pines

Lovell Place

Alpine Village Apartments

Cider Mill Apartments
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.

Winchester Apartments & Townhomes

Lighthouse Apartments

South Shore Apartments

Park Row Apartments

401 Central

Plymouth Apartments

Springwood Apartments

Lincoln Woods

Willow Commons Apartments

Woodland Hills
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.

65-67 Temple St
Panama, NY Local Guide

How much does it cost to rent an apartment in Panama?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panama Studio Apartments | $864 | $800 | $1,000 |
| Panama 1 Bedroom Apartments | $1,080 | $650 | $2,030 |
| Panama 2 Bedroom Apartments | $1,413 | $670 | $3,270 |
| Panama 3 Bedroom Apartments | $1,319 | $560 | $2,897 |
| Panama 4 Bedroom Apartments | $914 | $555 | $1,055 |
Browse Top Apartments in Panama
See all Apartments in PanamaExplore Panama
Panama, NY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Panama and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Panama, NY is found at The Hammocks at MillCreek in the West Suburban Erie neighborhood and is 898 square feet priced from $1,695. Glenwood Towers in the Glenwood neighborhood has the second largest 1 Bedroom, which is sized at 820 square feet and currently listed start at $1,185. Here is today’s list of the largest available 1 Bedroom units in Panama:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Hammocks at MillCreek | 1 Bedroom 1 Bath - 898 | 898 Sq Ft | $1,695 |
| Glenwood Towers | 07 | 820 Sq Ft | $1,185 |
| Wellman Building | 1 Bed, 1 bath | 774 Sq Ft | $700 |
| Modern Tool Square | 1BR/1.0BA | 700 Sq Ft | $1,100 |
| Harborcreek Senior Apartments | 1BR | 665 Sq Ft | $1,425 |
| Northview Heights Apartments | One Bedroom | 650 Sq Ft | $950 |
| Lighthouse Apartments | 1 bedroom | 650 Sq Ft | $750 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 650 Sq Ft | $750 |
| The Meadows | 1 bedroom | 550 Sq Ft | $750 |
| Lovell Place | 1B1B | 483 Sq Ft | $933 |
Cheapest Available Panama and Nearby 1 Bedroom Apartments
As of February 01, 2026 the lowest priced 1 Bedroom apartment unit in Panama, NY is the 1 Bed/1 Bathroom Model starting from $650 at Fairmount Hills Apartments . The second most affordable Panama 1 Bedroom is the 1 Bed, 1 bath Model at Wellman Building starting at $700 . The average price for all 1 Bedroom apartments in Panama is currently $1,080. Here is today’s list of the cheapest available 1 Bedroom options in Panama:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Fairmount Hills Apartments | 1 Bed/1 Bathroom | $650 |
| Wellman Building | 1 Bed, 1 bath | $700 |
| Lighthouse Apartments | 1 bedroom | $750 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | $750 |
| The Meadows | 1 bedroom | $750 |
| The Reserve at Millcreek | One Bedroom A | $865 |
| 716 Sassafras Apartments | 1 Bed, 1 bath | $900 |
| Cider Mill Apartments | Spacious 1 BD 1 BA 04 | $925 |
| Lovell Place | 1B1B | $933 |
| Northview Heights Apartments | One Bedroom | $950 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Panama, NY Rentals by Map
See the most popular apartments and homes in Panama, NY
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 Fairmount Hills Apartments listed at $650.
How much is the average rent for a 1 Bedroom Panama Apartment?
The average rent for a 1 Bedroom Apartment in Panama is $1,080.
What is the largest available 1 Bedroom Panama Apartment for rent?
Today's apartment with the most square footage in Panama is a 898 square feet unit starting from $1,695 at The Hammocks at MillCreek.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.