Cheap Apartments for Rent in Panama, NE from $800 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Panama.

property at 1526 S 23rd St

1526 S 23rd St

LincolnNE68502
Showing Results 1-44, Page 1 of 1

Panama, NE Local Guide

Cheapest Available Panama Apartments for Rent and Nearby

 

The cheapest available apartment rental in Panama, NE is a Studio unit found at Kensington Park in the Southern Hills neighborhood priced from $805. Hickman Hills Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Panama apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kensington ParkStudioStudio,1BA$805
Hickman Hills ApartmentsAStudio,2BA$895
Highpointe by BroadmoorMcKinleyStudio,1BA$900
Pine Lake Heights ApartmentsShelbyStudio,1BA$900
56th Street Lofts &2 BR/1 BA2BR,1BA$975
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$985
WH FlatsJadeStudio,1BA$989
East Lake FlatsBerkleyStudio,1BA$999
AristosFlorenceStudio,1BA$1,045
Broadmoor27RossStudio,1BA$1,050

Best Value Apartments for Rent in Panama, NE and Nearby

As of March 14, 2025 the best value apartment in the Panama area is the $1.30 price per square foot TriCourt Courtyard Model at Lodge at Heritage Lakes in the in the Colonial Hills neighborhood starting from $1,720. The second greatest value Panama apartment is the The Lexington PV Model at The Mirada starting at $1,575 with a $1.22 price per square foot in the Salt Valley View neighborhood. Here is today’s list of the best values for Panama apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lodge at Heritage LakesTriCourt Courtyard3BR,2BA$1.30
The MiradaThe Lexington PV2BR,2BA$1.22
Tamarin RidgeBarton2BR,2BA$1.34
The DakotaThe Central Park2BR,2BA$1.28
56th Street Lofts &2bd/2ba2BR,2BA$1.18
The Donovan Apartment HomesB2R2BR,2BA$1.31
Ashbrook by BroadmoorThe Rimington2BR,2BA$1.40
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.27
Kensington Park6200 Building2BR,2BA$1.14
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$1.31

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Pet Friendly Lifestyle
Panama, NE

Ranked #40

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Panama, NE Rentals by Map

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See the most popular apartments and homes in Panama, NE

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Getting Around Panama, NE

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 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 Cheap Panama Apartments

What is the Cheapest Studio apartment in Panama?

Currently the most affordable Cheap Studio Apartment in Panama is at Kensington Park listed at $805.

How much is rent for a Cheap One Bedroom Panama Apartment?

The lowest price for a Cheap One Bedroom Panama Apartment is $985 at Somerset.

What is the lowest price for a Cheap Two Bedroom Panama Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Panama is starting from $975 at 56th Street Lofts &.

What is the most affordable Panama Three Bedroom Apartment?

The best deal on a cheap Panama Three Bedroom Apartment rental is at Lodge at Heritage Lakes and starts from $1,720.

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

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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.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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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How Your Move-In Inspection Can Protect Your Security Deposit

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If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.