What's the average rent in Panama, NY?
Rental Market Trends in Panama, NY
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Panama, NY is $595 per month, which is 69% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$595
0.0%No change month over month
-27.9%-$230 decrease year-over-year
AVAILABLE RENTALS
2
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $595 |
| 2 Bedrooms | $875 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $595 |
As of November 2026, the average rent for a 1 bedroom rental in Panama, NY is $595 per month, followed by $875 for a 2 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $595 |
| 2 Bedrooms | $875 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $595 |
As of November 2026, the average rent for a 1 bedroom apartment in Panama, NY is $595 per month, followed by $875 for a 2 bedroom apartment.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -28% compared to the previous year, which is a $230 decrease.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $595 to $875.
