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


Park Place Student Housing

Granite Ridge Apartments

Cherry Hill

Glenwood Towers
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CopperLeaf Erie

1134 E 40th St

5304 Lakeside Blvd
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451 E 5th St

2617 Garvey Ln

4426 Greengarden Blvd

48 Water St

631 W 5th St
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103 Valleyview Ave

3257 Lake Front Dr

160 E Adams 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 | $868 | $795 | $1,000 |
Panama 1 Bedroom Apartments | $1,039 | $700 | $1,569 |
Panama 2 Bedroom Apartments | $1,535 | $670 | $3,205 |
Panama 3 Bedroom Apartments | $1,497 | $549 | $2,734 |
Panama 4 Bedroom Apartments | $981 | $555 | $1,485 |
Browse Top Apartments in Panama
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Panama, NY Local Guide
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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 Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Brookwood Village | 3 Bedroom Large | 1,700 Sq Ft | $1,495 |
Carriage Hill Erie | 3 Bedroom, 2.5 Bathroom | 1,408 Sq Ft | $1,533 |
Granite Ridge Apartments | Three Bedroom Townhome - B | 1,302 Sq Ft | $1,400 |
Arneman Place | 3 Bedroom Apartment | 1,264 Sq Ft | $1,131 |
30 Water St | 3 Bedroom | 0 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 Listing | Model Name | Priced From |
---|---|---|
Arneman Place | 3 Bedroom Apartment | $1,131 |
Granite Ridge Apartments | Three Bedroom Townhome - B | $1,400 |
Brookwood Village | 3 Bedroom Large | $1,495 |
Carriage Hill Erie | 3 Bedroom, 2.5 Bathroom | $1,533 |
30 Water St | 3 Bedroom | $2,000 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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
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 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.

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.

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.

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.

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.