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  • Panama Properties
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  • Start Here
  • Panama Properties
    • For Sale
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    • Short Term Rentals
    • List Your Property
    • Panama City Building Directory
    • Panama City Pre-Construction Listings
    • Beach Building Directory
  • Panama Real Estate Guides
    • About Us
    • Blog & Guides
      • Panama Market InsightsPanama Real Estate Market Insights Laws, taxes, market reports and statistics. All things to know about the Panama Real Estate market at your fingertips.
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Apartments & Condos for Rent in Panama

Advance Search

Apartments & Condos for Rent in Panama

Discover rental properties across Panama that offer comfort, convenience, and the flexibility of mid- to long-term leases. Whether you’re after a city condo, a luxury property, beachside home, or a mountain retreat, we’ve got options in all the right places.

At Panama Equity, we specialize in rentals of six months or longer in Panama’s most desirable areas, from Panama City to the highlands of El Valle and Altos del Maria, and the country’s top beach communities. Let us help you find a home that fits your lifestyle.

Panama City

Image of the views of Panama City from Avenida Balboa

Panama City is a fast-paced, city that mixes old and new. You’ve got sleek high-rises along the waterfront, and just a few minutes away, the cobblestone streets and colorful buildings of the historic Casco Viejo. It’s a major business hub for the region, thanks in part to the Panama Canal, and home to over 120 multinational companies including Nestlé, Procter & Gamble, and Bayer.

But it’s not all business—there’s a growing food scene with everything from street eats to fine dining, vibrant nightlife, great shopping, and plenty of green space to unwind. With modern infrastructure, a strong expat community, and easy access to both beaches and rainforest trails, it’s no wonder more people are choosing to live, invest, and work here.

Even though it’s a capital city, Panama City’s pretty easy to navigate. Most neighborhoods are close by, and you don’t have to live in the middle of the action to be well-connected. Whether you’re here for work, day-to-day life, or both, it’s a great place to settle in.

Properties for Rent in Panama City

Image of the living room with couch and table in this condo in Emporium Tower
View Property

Condo for Rent Near Parque Omar, San Francisco | 150m²

Looking for a spacious condo near Parque Omar? This 150…

Bedrooms
3
Bathrooms
2.5
Area
150 m2
For Rent

$1,500

Living area with table and chairs at Zaphiro
View Property

Furnished Condo for Rent in Zaphiro

This furnished condo for rent at Zaphiro offers 115 m²…

Bedrooms
2
Bathrooms
2
Area
115 m2
For Rent

$1,600

Image of living area with table and chairs in this condo in Country Club
View Property

Costa del Este Condo with Private Terrace in PH Country Club

Experience space and skyline views in this Costa del Este…

Bedrooms
3
Bathrooms
2.5
Area
366 m2
For Rent

$4,000

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Luxury Property

Imagen de la sala con mesa y sillas en este apartamento de lujo en Punta Paitilla

In Panama City, most luxury condos and penthouses are found in areas like Punta Pacifica, Costa del Este, and Avenida Balboa—and they’re usually available for six-month rentals or longer. These places typically come with modern finishes, great views, and access to pools, gyms, and 24/7 security. Comfortable, convenient, and easy to settle into.

Luxury Properties for Rent

Image of living area with table and chairs in this condo in Country Club
View Property

Costa del Este Condo with Private Terrace in PH Country Club

Experience space and skyline views in this Costa del Este…

Bedrooms
3
Bathrooms
2.5
Area
366 m2
For Rent

$4,000

Image of living area with television, table, two chairs and plant in this condo in Costanera in Bella Vista
View Property

Elegant, Furnished 3 Bedroom Apartment in Costanera Bella Vista

This Costanera 3 bedroom apartment for rent is furnished to…

Bedrooms
3
Bathrooms
3.5
Area
200 m2
For Rent

$4,100

Image of Terrace with chairs, table and ocean views in Yoo Avenida Balboa
View Property

Ocean View Apartment in Yoo

This beautifully furnished 2-bedroom, breathtaking ocean and city views apartment…

Bedrooms
2
Bathrooms
2.5
Area
176 m2
For Rent

$2,800

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El Cangrejo

Centrally located, eclectic, and often considered one of Panama City’s most bohemian neighborhoods, there is a lot to love about El Cangrejo. This super walkable area of the city has plenty of old school charm, accented by the diversity of people, food, and buildings that make it one of the most unique areas in Panama City.

Properties for Rent in El Cangrejo

Living area with table and chairs at Zaphiro
View Property

Furnished Condo for Rent in Zaphiro

This furnished condo for rent at Zaphiro offers 115 m²…

Bedrooms
2
Bathrooms
2
Area
115 m2
For Rent

$1,600

Avenida Balboa

Stretching along the Panama Bay, Avenida Balboa is most sought-after areas, known for its luxury buildings, impressive views, and central location. It’s home to some of Panama City’s newest and most high-profile apartment towers, many featuring rooftop pools and spacious social areas.

Properties for Rent in Avenida Balboa

Image of Terrace with chairs, table and ocean views in Yoo Avenida Balboa
View Property

Ocean View Apartment in Yoo

This beautifully furnished 2-bedroom, breathtaking ocean and city views apartment…

Bedrooms
2
Bathrooms
2.5
Area
176 m2
For Rent

$2,800

View Property

Large 2-bedroom Ocean Front Condo for Rent in Waters Avenida Balboa!

This large two-bedroom condo offers an open floor plan with…

Bedrooms
2
Bathrooms
2.5
Area
271 m2
For Rent

$3,000

Dining area at this Waters at the Bay Avenida Balboa Panama condo for sale
View Property

Spectacular 3 bedroom Ocean Front Condo for Rent in Avenida Balboa!

This condo is designed to comfortably accommodate you, your family,…

Bedrooms
3
Bathrooms
3
Area
256 m2
For Rent

$3,000

Panama’s Beaches

There’s plenty to love about life in Panama but one of the country’s favorite features is its beautiful beaches. With 1,786 miles of coastline, there is a beach here for everyone to find your perfect Panama beach property. Looking for calm turquoise waters? The perfect surfing waves? Or an undeveloped beach to enjoy all to yourself? Panama has all this and more. With this variety of beaches comes a diverse group of beach communities that you could call home.

Some beach towns are lively and full of weekend activity, while others stay quiet and low-key year-round. Whether you want to be near a marina, a golf course, or just steps from the sand, you’ll find options across both the Pacific and Caribbean coasts. And with many of these areas just a short drive from Panama City, you don’t have to give up convenience to enjoy the beach lifestyle.

Properties for Rent at the Beach

Image of living room with table, couch, chair, table and television in this condo in Sherman Tower 1 in Bijao
View Property

Move-In Ready Condo for Rent in Sherman Tower 1

Looking for a beach rental in Bijao with great views…

Bedrooms
3
Bathrooms
3
Area
146 m2
For Rent

$2,500

Image of the patio with a table and 4 couches in Galeones Ensenada
View Property

Furnished Condo for Rent in San Carlos

Looking for something move-in ready near the beach? This 120…

Bedrooms
2
Bathrooms
2
Area
120 m2
For Rent

$1,800

Image of terrace with chair, table and ocean view at Bijao
View Property

Oceanfront Bijao Condo for Rent

This oceanfront condo for rent in Bijao offers a solid…

Bedrooms
3
Bathrooms
3.5
Area
270 m2
For Rent

$3,500

Four bedrooms Home For Sale in Rio Mar
View Property

Rio Mar Home for Rent

This single-family home for rent in Rio Mar is just…

Bedrooms
4
Bathrooms
5
Area
350 m2
For Rent

$3,000

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Coronado

Coronado is one of Panama’s top beach communities and for good reason. With easy access to and from Panama City, some of the best weather in the nation (it consistently holds the record as the least-rainy spot), and a vibrant and growing community, it’s no wonder that expats and retirees from all over the globe choose to make Coronado their home away from home.

Properties for Rent in Coronado

Panama’s Mountains

Image of mountain views from this home in AlPanama Mountains

Some people come to Panama for the beaches or the city life, but others are drawn to the cooler temperatures, fresh mountain air, and quiet you’ll find in the mountains. Two of the most popular mountain communities for real estate are El Valle de Antón and Altos del María, both offering a quiet alternative to city or beach lifestyle.

El Valle sits inside the crater of an extinct volcano, just over two hours from Panama City. Known for its lush scenery, hiking trails, and weekend artisan market, it’s a favorite for expats and locals alike. Homes here range from rustic cabins to luxury estates.

Not far away, Altos del María is a private, gated community nestled in the hills. With panoramic views, cooler weather, and 24/7 security, it’s ideal for those looking for privacy, nature, and a self-contained community with paved roads and recreational amenities.

Mountain Properties for Rent

Whether you’re after skyline views in Panama City, ocean views at the beach, or cool mountain breezes in El Valle, we’ve got the rental for you.

Explore our listings and let us know what feels like home, we’re here to help you find the right fit, whether it’s for the next six months or the next few years.

📩 Contact us today to get started.

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  • Edificio Sortis, Oficina 20th Floor Obarrio, Panama
  • PA. +507 320-4310
  • +507 6103-4617
  • lisa@panamaequity.com

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Real Estate

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Guides

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City Locations

  • Panama City
  • Avenida Balboa
  • Casco Viejo
  • Coco Del Mar
  • Costa Del Este
  • El Cangrejo
  • Obarrio
  • Ocean Reef
  • Punta Pacifica
  • San Francisco
  • Santa Maria

Mountain Locations

  • Altos Del Maria
  • El Valle De Anton
  • Sorá

Beach Locations

  • Bocas Del Toro
  • Buenaventura
  • Coronado
  • El Palmar
  • Gorgona
  • Playa Blanca
  • Rio Mar
  • San Carlos

References

  • Luxury Properties
  • Exploring Living in Panama
  • Panama Real Estate Market
  • Food & Shopping
  • Immigration & Visa
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Panama Insights

Panama Real Estate Guides

Panama Real Estate Market Update – Q2 2025

Crypto and Real Estate in Panama: What You Need to Know in 2025

7 Things to Do in San Francisco Panama City

Best Beaches in Panama: Caribbean Side

What Panama’s Corredor del Caribe Highway Means for You

Where to Find a Stunning Beachfront Property in Panama

Welcome to Hola Panama: Build Your Network Before You Move!

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Owning a home is a keystone of wealth… both financial affluence and emotional security.

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October 19, 2025 Sunday!
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