3 Bedroom Apartments for Rent in Panama, NY (22 Rentals)

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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.

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property at 48 Water St

48 Water St

FredoniaNY14063

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Arneman Place
3 Bedroom Apartments

Arneman Place

4690 Iroquois AveErie, PA 16511
  • Utilities Included

Panama, NY Local Guide

Largest Available Panama and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Panama, NY is found at Brookwood Village in the South East Hills neighborhood and is 1,700 square feet priced from $1,495. Carriage Hill Erie in the Glenwood neighborhood has the second largest 3 Bedroom, which is sized at 1,408 square feet and currently listed start at $1,533. Here is today’s list of the largest available 3 Bedroom units in Panama:

Apartment ListingModel NameSquare FootagePriced From
Brookwood Village3 Bedroom Large1,700 Sq Ft$1,495
Carriage Hill Erie3 Bedroom, 2.5 Bathroom1,408 Sq Ft$1,533
Granite Ridge ApartmentsThree Bedroom Townhome - B1,302 Sq Ft$1,400
Arneman Place3 Bedroom Apartment1,264 Sq Ft$1,131
30 Water St3 Bedroom0 Sq Ft$2,000

Cheapest Available Panama and Nearby 3 Bedroom Apartments

As of August 02, 2025 the lowest priced 3 Bedroom apartment unit in Panama, NY is the 3 Bedroom Apartment Model starting from $1,131 at Arneman Place in the East Suburban Erie neighborhood. The second most affordable Panama 3 Bedroom is the Three Bedroom Townhome - B Model at Granite Ridge Apartments starting at $1,400 . The average price for all 3 Bedroom apartments in Panama is currently $1,497. Here is today’s list of the cheapest available 3 Bedroom options in Panama:

Apartment ListingModel NamePriced From
Arneman Place3 Bedroom Apartment$1,131
Granite Ridge ApartmentsThree Bedroom Townhome - B$1,400
Brookwood Village3 Bedroom Large$1,495
Carriage Hill Erie3 Bedroom, 2.5 Bathroom$1,533
30 Water St3 Bedroom$2,000

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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

Frequently Asked Questions about 3 Bedroom Panama Apartments

What is the Cheapest apartment in Panama with 3 Bedroom?

Currently the most affordable 3 Bedroom in Panama is at Arneman Place listed at $1,131.

How much is the average rent for a 3 Bedroom Panama Apartment?

The average rent for a 3 Bedroom Apartment in Panama is $1,497.

What is the largest available 3 Bedroom Panama Apartment for rent?

Today's apartment with the most square footage in Panama is a 1,700 square feet unit starting from $1,495 at Brookwood Village.

What is the average size for Panama 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Panama is currently 1,550 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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.