Cheap Apartments for Rent in the Panama Neighborhood of Tampa, FL from $600 (24 Rentals)

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

Tampa's Best Affordable Neighborhoods

Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

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803 E James St

TampaFL33603
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Tampa Park Apartments
1 to 3 Bedroom Apartments

Tampa Park Apartments

1417 Tampa Park PlzTampa, FL 33602
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Panama, Tampa, FL Local Guide

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 Mobley Park priced from $991. Miles at Ybor has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Panama apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Mobley ParkElm1BR,1BA$991
Miles at Ybor"The Ybor" Shared SuiteStudio,1BA$1,150
Casa MartiCandidoStudio,1BA$1,497
East Ybor CasitasCasita 23061BR,1BA$1,550
Casa Oliva - Ybor CityStudioStudio,1BA$1,575

Best Value Apartments for Rent in Panama, FL

As of April 10, 2025 the best value apartment in the Panama area is the $3.55 price per square foot B07W Model at AVE Tampa Riverwalk in the in the Historic Ybor neighborhood starting from $3,631. The second greatest value Panama apartment is the Casita 2306 Model at East Ybor Casitas starting at $1,550 with a $1.88 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 ListingModel NameBed/BathPrice Per Sq.Ft.
AVE Tampa RiverwalkB07W2BR,2BA$3.55
East Ybor CasitasCasita 23061BR,1BA$1.88
Casa Pedroso - Ybor City1x1 -Patio1BR,1BA$2.84
Ybor LoftsBauta1BR,1BA$2.98
Casa Buchman - Ybor CityBuchman ApartmentsStudio ,1BA$2.76
Inscription Channel DistrictSA (Studio)Studio ,1BA$3.51
Mobley ParkElm1BR,1BA$1.80
La UniónA2AStudio ,1BA$3.51
Casa Oliva - Ybor CityStudioStudio ,1BA$3.52
2301 N Jefferson St, Unit 82301 N Jefferson StStudio ,1BA$2.50

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Pet Friendly Lifestyle
Panama, Tampa, FL

Ranked #282

Among neighborhoods in Tampa, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,999.

What is the price of a cheap apartment in Panama?

The cheapest apartment in Panama is Mobley Park which is listed at $991, while the average apartment in Panama costs $7,300.

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 125 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 $419 which is $6,881 cheaper than the average rent for all rentals in Panama.

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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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.

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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.

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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.