
Apartments for Rent in Panama, IL Under $1,200 (49 Rentals)


Flax Meadow Townhomes

Metro Apartments At Collinsville

Metro Apartments at Wood River

Metro Apartments At Bethalto

Metro Apartments at Granite City

The Social Edwardsville

Rocwood Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Cedar Point Apartments

Whispering Heights

Surrey Court Apartments

Brookside Manor

BSB Apartments

Township Village Apartments

Broadway Place

Lotts Landing Senior Apartments

Godfrey Estates

1200 State St

39 Devon Ct

837 Whittier St

515 Lone Robin St

2308 Crawford St

613 Reed Dr

451 E Vandalia St

722 Connor St

2702 Walnut St

23 Coachlight Trailer Park

103 W 1st St

478 Dulaney Ave

525 Mill St

2306 College Ave

140 Harnett Ave

2413 Sanford Ave

2916 Edwards St

110 N 14th St

1404 Willard St

205 North St

523 S Central Ave

1208 W Johnson St

2309 College Ave

237 N Wood River Ave

2311 College Ave
Panama, IL Local Guide

How much does it cost to rent an apartment in Panama?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Panama Studio Apartments | $1,016 | $750 | $1,149 |
Panama 1 Bedroom Apartments | $1,365 | $520 | $2,109 |
Panama 2 Bedroom Apartments | $1,725 | $680 | $3,200 |
Panama 3 Bedroom Apartments | $1,761 | $800 | $2,705 |
Panama 4 Bedroom Apartments | $1,232 | $759 | $3,100 |
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Panama, IL Local Guide
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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 Panama
How much are Studio apartments in Panama?
There are currently 2 Studio Apartments in Panama with rent ranges from $750 to $1,149 with an average price of $1,016.
What is the current price range for One Bedroom Panama Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Panama ranges from $520 to $2,109 with an average monthly rent of $1,365.
What does renting a Two Bedroom Apartment in Panama cost?
The monthly rent prices of Two Bedroom Apartments currently available in Panama range from $680 to $3,200. Today's average rental price for Two Bedrooms here is $1,725.
How expensive are Panama Three Bedroom Apartments?
There are currently 11 Three Bedroom Apartments listings available in Panama on ApartmentHomeLiving.com. The pricing ranges from $800 to $2,705 - averaging $1,761 for the location.
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.

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.

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.

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.

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.