2 Bedroom Apartments for Rent in Panama, NY (49 Rentals)

The Hammocks at MillCreek

Northview Heights Apartments

Vineyard Village Townhome Style Apartments

Campus Edge at Brigham

Connect55+ Lakewood Senior Living 55+

Lake View Apartments
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.

Harborcreek Senior Apartments

Glenwood Towers

The Reserve at Millcreek

Cider Mill Apartments

Drake Village Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Wellman Building

Idyllbrook Village

Winchester Apartments & Townhomes
The 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.

Laurel Springs Apartments

South Shore Apartments

819 Villa Sites Ave

1406 E 38th St

133 Kennard Rd

105 Water St

114 1/2 W Walnut St

427 Ash St

1128 N Main St
Cash 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.

639 W 5th St

2218-20-2220 Midland Dr

423 W 3rd St

2701 Garvey Ln

9 Viber
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.
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 | $866 | $775 | $1,000 |
Panama 1 Bedroom Apartments | $1,013 | $700 | $1,745 |
Panama 2 Bedroom Apartments | $1,492 | $670 | $2,394 |
Panama 3 Bedroom Apartments | $1,331 | $560 | $2,897 |
Panama 4 Bedroom Apartments | $872 | $555 | $1,015 |
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 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Panama, NY is found at The Hammocks at MillCreek in the West Suburban Erie neighborhood and is 1,327 square feet priced from $1,780. University Gate in the Walczak Park neighborhood has the second largest 2 Bedroom, which is sized at 1,100 square feet and currently listed start at $670. Here is today’s list of the largest available 2 Bedroom units in Panama:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
The Hammocks at MillCreek | 2 Bedroom 2 Bath with Den - 1327 | 1,327 Sq Ft | $1,780 |
University Gate | 2 Bed | 1,100 Sq Ft | $670 |
Carriage Hill Erie | 2 Bedroom, 1.5 Bathroom | 1,088 Sq Ft | $1,245 |
Wellman Building | 2 Beds, 1 bath | 983 Sq Ft | $927 |
Cider Mill Apartments | Renovated 2 BD 2 BA | 950 Sq Ft | $1,175 |
Ellicott Oaks Apartments | 2 Beds, 1 bath | 936 Sq Ft | $850 |
Northview Heights Apartments | Two Bedroom | 910 Sq Ft | $950 |
Lovell Place | 2B2B | 906 Sq Ft | $1,322 |
Park Row Apartments | 850 Sq Ft | $1,300 | |
Connect55+ Lakewood Senior Living 55+ | 2 BR, 1.5 BA | 839 Sq Ft | $1,620 |
Cheapest Available Panama and Nearby 2 Bedroom Apartments
As of September 19, 2025 the lowest priced 2 Bedroom apartment unit in Panama, NY is the 2 Bed Model starting from $670 at University Gate in the Walczak Park neighborhood. The second most affordable Panama 2 Bedroom is the 2 Bedroom Model at Drake Village Apartments starting at $680 . The average price for all 2 Bedroom apartments in Panama is currently $1,492. Here is today’s list of the cheapest available 2 Bedroom options in Panama:
Apartment Listing | Model Name | Priced From |
---|---|---|
University Gate | 2 Bed | $670 |
Drake Village Apartments | 2 Bedroom | $680 |
Wellman Building | 2 Bedroom | $750 |
Ellicott Oaks Apartments | 2 Beds, 1 bath | $850 |
The Meadows | 2 bedroom | $945 |
Northview Heights Apartments | Two Bedroom | $950 |
Cider Mill Apartments | Spacious 2 BD 1 BA | $1,075 |
30 Water St | 2 Bedroom | $1,200 |
Carriage Hill Erie | 2 Bedroom, 1.5 Bathroom | $1,245 |
Tanglewood Apartments | 2-bedroom Upper | $1,350 |
Quick 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
Getting Around Panama, NY
Walk Score®
8 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
20 / 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 2 Bedroom Panama Apartments
What is the Cheapest apartment in Panama with 2 Bedroom?
Currently the most affordable 2 Bedroom in Panama is at University Gate listed at $670.
How much is the average rent for a 2 Bedroom Panama Apartment?
The average rent for a 2 Bedroom Apartment in Panama is $1,492.
What is the largest available 2 Bedroom Panama Apartment for rent?
Today's apartment with the most square footage in Panama is a 1,327 square feet unit starting from $1,780 at The Hammocks at MillCreek.
What is the average size for Panama 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Panama is currently 1,256 sq ft.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.