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Bright And Spacious Mountain Home For Sale In El Valle Panama
Downtown El Valle Corner Home For Sale With Income Producing And Beautiful Gardens
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Panama Real Estate For Rent

Prices for Panama real estate for rent vary depending on many factors. These factors include neighborhood, the age of the property, floor height and amenities.

In most instances, Panama rental contracts are for a minimum of 12 months. However, some owners are inclined to shorten the period to six months. Typically, the tenant handles the monthly utility bills. 

For example, electricity, internet, cable, and local telephone. The cost for a basic phone/internet/cable combination is roughly $60.00 per month. Power bills depend on the size of the property and how often the tenant is at home.

For a typical 1,200 square foot condo, a power bill will range anywhere from $75.00 – $200.00 per month. This depends on how cold/frequent you keep the air conditioning running and how often you are home.

Most Panama real estate for rent in the city are condos. The words “condo” and “apartment” are generally interchangeable in Panama. Condos for rent in Panama range from three-story low rises to massive 70+ story high rises.

Don’t know what to expect when renting in Panama? Check out our Guide to Renting Property in Panama to learn all you need to know.

Panama Real Estate For Rent:

Long Term Rentals 

Panama City rent prices vary based mostly on location. Panama City neighborhoods tend to be higher-end and therefore, higher rental prices. These locations include Punta Pacifica, Costa del Este, Avenida Balboa, and Casco Viejo. More affordable sectors of the market are in San Francisco, El Cangrejo, Bella Vista, and El Dorado.

The condo market comprises of both furnished and unfurnished properties for rent. Typically, there is a 10% premium on an unfurnished rental property. For instance, an unfurnished condo may run $1,000/month and that same condo would be $1,100/month if furnished. In addition, most appliances including the water heater run on gas. The gas is usually part of the condo association dues. This means that gas is usually included in the monthly rental price.

Homes for rent in Panama are either stand-alone single-family homes or duplex style. For example, two homes will share a common wall. If the property for rent is in a gated community, you may have the advantage of a shared swimming pool. As a result, the use of these facilities would fall within your monthly rent.

Panama’s real estate for rent options varies. Some buildings in Panama and neighborhoods have all sorts of amenities. For example, swimming pools, gyms, putting greens, saunas, racquetball courts. While other buildings have none of the above.

Panama Equity: Who We Are

We work with owners, property administrators, and fellow real estate agents. All with the goal to help our clients source the right fit for their rental needs.

Panama Equity Real Estate delivers a professional real estate experience to all clients.  Our real estate agents understand the concept of working hard and working smart.  We appreciate the trust that our clients put in us, and are always looking to improve the way we deliver the Panama Equity experience.

What does a professional real estate experience entail?

  • Timely responses to your questions
  • Accurate and updated market information to base your decisions on
  • Setting realistic expectations for your experience buying or selling property in Panama
  • Anticipating your needs
  • Pairing you with an agent who has an in-depth understanding of the real estate market
  • Following up with all parties to ensure a successful transaction
 
Explore our properties for rent below. If you see something you like then fill in the Inquiry form to the right of the listing and we will be in touch. 
 
View Property

Unique Opportunity In El Valle – Large Country Home For Rent

Looking for a large estate with several homes for rent…

Bedrooms
10
Bathrooms
12
Area
11199 m2
For Rent

$6,500

Featured
View Property

Furnished Two-Bedroom Condo For Rent, Avenida Balboa

This condo for rent on Avenida Balboa offers stunning views!…

Bedrooms
2
Bathrooms
3
Area
101 m2
For Rent

$1,990

View Property

Playa Blanca Beach Views From This Cozy Lighthouse Condo For Rent

Looking to retire or work remotely from a paradise location…

Bedrooms
3
Bathrooms
3.5
Area
170 m2
For Rent

$2,400

Nuovo Avenida Balboa Panama apartment for rent
View Property

Beautiful Fully Furnished Two-Bedroom Condo For Rent In Avenida Balboa

Check out this furnished high-floor apartment for rent on Avenida…

Bedrooms
2
Bathrooms
2.5
Area
101 m2
For Rent

$2,500

Las Olas I Panama Vista Mar condo for rent
View Property

Vista Mar Apartment For Rent Overlooking The Golf Course In San Carlos

This beautiful 177m2 apartment on the 6th floor in Vista…

Bedrooms
2
Bathrooms
2.5
Area
177 m2
For Rent

$1,500

View Property

Charming El Valle Property For Rent With Plenty of Privacy

Upon entering a very private street, you will find a…

Bedrooms
4
Bathrooms
4.5
For Rent

$1,800

1 2 3 4

Featured Properties

Featured
View Property

Impeccable Colonial Mountain Villa For Sale in El Valle Panama

The views from this colonial-style home for sale in Panama’s…

Bedrooms
4
Bathrooms
5
Area
350 m2
For Sale

$860,000

Featured
Quarry Heights panama Bijao condo for sale
View Property

Pristine Ocean View Condo for Sale in Quarry Heights Bijao

This beach condo for sale is in pristine condition with…

Bedrooms
3
Bathrooms
2
Area
157 m2
For Sale

$405,000

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EDIFICIO SORTIS, OFICINA 20TH FLOOR OBARRIO, PANAMA
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USA DIRECT: +1-404-382-0398
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