Parroquia San Jose in Colon, Panama

What are typical rents in Panama?

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We asked expats and digital nomads in Panama what typical rental prices are in Panama. They commented...

"The rental price for a nice 1 bedroom apartment in Panama is generally in the range of $500 to $800 per month, while a nice 2 bedroom apartment can typically be rented in the range of $800 to $1200 per month," explained one expat living in Panama.

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"There are homes available for lower rents in Gorgona but I'm in a condo on the beach and that is the market I’m familiar with. Furnished two bedroom, two bathroom rentals along the beach in a condo usually run from $900 to $2,000 and above. Many rents include WiFi, electricity, gas, water, trash collection. Be sure to know what is included," said another expat in Nueva Gorgona, Panama.

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What are typical rents in Panama?

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About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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Caballero Méndez & Candanedo

Our firm is especially recognized for its Immigration and Visa services, helping clients relocate smoothly, obtain residency, and comply with Panama’s legal requirements. We make the migration process clear, efficient, and stress-free, so you can focus on what truly matters: starting your new life or business project with confidence.
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Caballero Méndez & CandanedoCaballero Méndez & Candanedo

Our firm is especially recognized for its Immigration and Visa services, helping clients relocate smoothly, obtain residency, and comply with Panama’s legal requirements. We make the migration process clear, efficient, and stress-free, so you can focus on what truly matters: starting your new life or business project with confidence.
Learn More

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