
Cheap Apartments for Rent in the Panama Neighborhood of Tampa, FL from $600 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Panama area of Tampa.


3407 N Avenida Republica de Cuba

2914 N 10th St

712 E Floribraska Ave

2010 E Palm Ave, Unit 15208

Casa Oliva

1105 E 28th Ave

3108 N Jefferson St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2401 Mallory Ave

2606 E 18th Ave

1221 E Columbus Dr

806 E Chelsea St

Casa Marti

Ybor Lofts

The Casitas & Lofts at Casa Ybor

3618 Machado St
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.

Buchman

2210 E 20th Ave

Tampa Park Apartments

9th Avenue Apartments

Mobley Park

3424 N 16th St

1910 E Palm Ave

2004 E Genesee St
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.

1910 E Palm Ave

1810 E Palm Ave

2810 N Mitchell Ave

1212 E 25TH Ave

2620 E 33rd Ave

2413 E 38th Ave

2912 Ybor St

1003 E 22nd Ave.
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.

1812 E Columbus Dr

109 E Gladys St

3201 N 15th St
Panama, Tampa, FL Local Guide

How much does it cost to rent an apartment in Panama?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panama Studio Apartments | $1,783 | $1,000 | $3,504 |
| Panama 1 Bedroom Apartments | $2,255 | $900 | $3,026 |
| Panama 2 Bedroom Apartments | $3,135 | $1,400 | $5,199 |
| Panama 3 Bedroom Apartments | $3,856 | $1,495 | $4,945 |
| Panama 4 Bedroom Apartments | $1,875 | $1,875 | $1,875 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 1 mile radius of the Panama Neighborhood of Tampa, FL.
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Panama, Tampa, FL Local Guide
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Cheapest Available Panama Apartments for Rent
 The cheapest available apartment rental in the Panama area of Tampa, FL is a 1 Bed unit found at Miles at Ybor priced from $900. Casa Oliva has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here are the most affordable Panama apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Miles at Ybor | The Murphy Co-Living Suite | 1BR,1BA | $900 |
| Casa Oliva | Corona | Studio,1BA | $1,475 |
| Casa Marti | Candido | Studio,1BA | $1,597 |
| Ybor Lofts | Bauta | 1BR,1BA | $1,599 |
| Buchman | Studio | Studio,1BA | $1,629 |
| La Union | A2A | Studio,1BA | $1,735 |
| 7th & Oak | Studio-S1.120 WDU | Studio,1BA | $1,736 |
| Casa Pedroso | Liberty | Studio,1BA | $1,749 |
| The Casitas & Lofts at Casa Ybor | 2314 E 8th Ave | 2BR,1BA | $1,850 |
Best Value Apartments for Rent in Panama, FL
As of January 14, 2026 the best value apartment in the Panama area is the $1.68 price per square foot 2314 E 8th Ave Model at The Casitas & Lofts at Casa Ybor in the in the Ybor City neighborhood starting from $1,850. The second greatest value Panama apartment is the Studio Model at Buchman starting at $1,629 with a $2.45 price per square foot in the Ybor City 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. |
|---|---|---|---|
| The Casitas & Lofts at Casa Ybor | 2314 E 8th Ave | 2BR,1BA | $1.68 |
| Buchman | Studio | Studio ,1BA | $2.45 |
| Ybor Lofts | Bauta | 1BR,1BA | $2.55 |
| Casa Pedroso | Sovereign | 1BR,1BA | $3.04 |
| La Union | A2A | Studio ,1BA | $3.29 |
| 7th & Oak | Studio-S1 | Studio ,1BA | $3.42 |
| Casa Oliva | Corona | Studio ,1BA | $3.32 |
| Casa Marti | Candido - Balcony | Studio ,1BA | $3.92 |
| Miles at Ybor | S1A - Studio | Studio ,1BA | $4.86 |
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 ArticleTop Student Friendly Neighborhoods to Rent Near Colleges in Tampa
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Tampa Bay area for affordable living. Find your perfect Tampa Student apartment, condo, or rental home today at ApartmentHomeliving.com
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.
Pet Friendly LifestylePanama, Tampa, FL
Ranked #265
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Panama Apartments
What is a cheap apartment in Panama?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Panama is under $1,850.
What is the price of a cheap apartment in Panama?
The cheapest apartment in Panama is Miles at Ybor which is listed at $900, while the average apartment in Panama costs $4,048.
What types of apartments are the cheapest in Panama?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 37 regular apartments in Panama that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Panama?
Cheap apartments in Panama have an average cost of $597 which is $3,451 cheaper than the average rent for all rentals in Panama.
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

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa
Written by: Vickie Ferguson
Hi, and welcome to ApartmentHomeLiving.com, we're here to provide you with all the information you need about top areas in and around Tampa that are great choices to call home.

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.