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

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Panama, IL Local Guide

Largest Available Panama and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Panama, IL is found at Brandywine in the OFallon neighborhood and is 1,297 square feet priced from $2,145. Parc at 720 in the Fruit Maple Carpenter neighborhood has the second largest 2 Bedroom, which is sized at 1,250 square feet and currently listed start at $900. Here is today’s list of the largest available 2 Bedroom units in Panama:

Apartment ListingModel NameSquare FootagePriced From
Brandywine2.2 Den, Barber1,297 Sq Ft$2,145
Parc at 720B11,250 Sq Ft$900
Storyboard on Carol AnnCarol Ann B21,200 Sq Ft$1,550
Thirteen01 at Hartman Lakes2 bedroom1,179 Sq Ft$1,755
The Oasis at Hartman Lakes2 Bed1,138 Sq Ft$2,300
Brookside ManorTwo Bedroom1,106 Sq Ft$1,300
Cedar Point ApartmentsTwo Bedroom Townhouse Deluxe1,080 Sq Ft$1,200
Storyboard on LancashireLancashire B11,060 Sq Ft$1,100
ReNew Edwardsville Apartment CollectionCherry Hills II - Nelson1,025 Sq Ft$1,755
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...1,000 Sq Ft$1,150

Cheapest Available Panama and Nearby 2 Bedroom Apartments

As of April 24, 2025 the lowest priced 2 Bedroom apartment unit in Panama, IL is the 2BR Units Model starting from $850 at Rocwood Apartments . The second most affordable Panama 2 Bedroom is the 2 Beds, 1 bath Model at Surrey Court Apartments starting at $900 . The average price for all 2 Bedroom apartments in Panama is currently $1,725. Here is today’s list of the cheapest available 2 Bedroom options in Panama:

Apartment ListingModel NamePriced From
Rocwood Apartments2BR Units$850
Surrey Court Apartments2 Beds, 1 bath$900
Broadway Place2 Beds, 1 bath$975
Parkview2x1$975
Metro Apartments at Granite CityYour Next Home + $100 Off Monthly Rent + 1 Mont...$1,000
Metro Apartments At BethaltoSave up to $500 off Move In Costs with your EXC...$1,050
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...$1,050
Cedar Point ApartmentsTwo Bedroom Townhouse Deluxe$1,200
Brookside ManorTwo Bedroom$1,300
ReNew at AltonHunter$1,340

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Getting Around Panama, IL

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 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 Rocwood Apartments listed at $850.

How much is the average rent for a 2 Bedroom Panama Apartment?

The average rent for a 2 Bedroom Apartment in Panama is $1,725.

What is the largest available 2 Bedroom Panama Apartment for rent?

Today's apartment with the most square footage in Panama is a 1,297 square feet unit starting from $2,145 at Brandywine.

What is the average size for Panama 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Panama is currently 728 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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.