
Cheap Apartments for Rent in the Panama Neighborhood of Tampa, FL from $600 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Panama area of Tampa.


1104 E Genesee St

1104 E Genesee St

1014 E 31st Ave

Miles at Ybor

2208 E 15th Ave

3407 N Avenida Republica de Cuba

2301 N Jefferson St
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2914 N 10th St

2916 N 16th St

2603 N 29th St, Unit Apt-A

2802 Banza St

1810 E Palm Ave, Unit 1208

Casa Oliva

1221 E Columbus Dr

3618 Machado St
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Tampa Park Apartments

9th Avenue Apartments

1006 E 26th Ave

2917 Sanchez St

1910 E Palm Ave

2004 E Genesee St

2810 N Mitchell Ave

2909 N 17th St
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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 | $1,797 | $1,000 | $3,419 |
| Panama 1 Bedroom Apartments | $2,230 | $925 | $3,183 |
| Panama 2 Bedroom Apartments | $3,199 | $1,450 | $4,278 |
| Panama 3 Bedroom Apartments | $4,458 | $3,700 | $4,945 |
| Panama 4 Bedroom Apartments | $4,075 | $1,875 | $6,275 |
Browse Apartments in this Neighborhood
There are currently 24 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 $936. 2301 N Jefferson St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. 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 | $936 |
| 2301 N Jefferson St | 1/1 | 1BR,1BA | $1,095 |
| Casa Oliva | Corona | Studio,1BA | $1,495 |
| Casa Socarras | La Luz | Studio,1BA | $1,585 |
| Casa Marti | Candido | Studio,1BA | $1,597 |
Best Value Apartments for Rent in Panama, FL
As of March 02, 2026 the best value apartment in the Panama area is the $3.01 price per square foot Carambola Model at Central Court in the in the Ybor City neighborhood starting from $2,299. 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. |
|---|---|---|---|
| Central Court | Carambola | 2BR,1BA | $3.01 |
| Buchman | Studio | Studio ,1BA | $2.45 |
| Ybor Lofts | Bauta | 1BR,1BA | $2.67 |
| Casa Pedroso | Sovereign | 1BR,1BA | $3.04 |
| La Union | A2A | Studio ,1BA | $3.30 |
| 7th & Oak | Studio-S1.120 WDU | Studio ,1BA | $3.39 |
| Casa Socarras | La Luz | Studio ,1BA | $3.17 |
| 2301 N Jefferson St | 1/1 | 1BR,1BA | $2.46 |
| Casa Oliva | Corona | Studio ,1BA | $3.37 |
| Casa Marti | Candido - Balcony | Studio ,1BA | $3.92 |
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.
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Read ArticleTop Student Friendly Neighborhoods to Rent Near Colleges in Tampa
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Pet Friendly LifestylePanama, Tampa, FL
Ranked #297
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 $1,779.
What is the price of a cheap apartment in Panama?
The cheapest apartment in Panama is Miles at Ybor which is listed at $936, while the average apartment in Panama costs $4,720.
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 30 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 $560 which is $4,160 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

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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.

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Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
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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.