Get helpful information to start your search for the perfect car rental in Panama City. The average price data is based on the last 12 months and was last updated on 25 August 2026.
Most popular company | ALAMO |
|---|---|
Price of gas per litre | C$ 1.76 |
Average price per day | C$ 24 |
Cheapest price per day | C$ 7 |
There are 27 rental agencies servicing Panama City. These agencies, altogether, have 141 rental locations available. Need an affordable rental? medium car is the cheapest car type to rent in Panama City with prices from C$ 7 a day in the previous 7-day period. Here are 6 car types you can rent in Panama City:
Economy
C$ 7+
Compact
C$ 7+
Intermediate
C$ 7+
Full-size
C$ 7+
SUV
C$ 10+
Minivan
C$ 32+
Full-size SUV
C$ 30+
Mini
C$ 7+
Get relevant, data-driven information to help you rent a car in Panama City, including pricing trends, ideal booking times, and more.
January
C$ 22
February
C$ 24
March
C$ 28
April
C$ 21
May
C$ 18
June
C$ 15
July
C$ 18
August
C$ 14
September
C$ 12
October
C$ 15
November
C$ 17
December
C$ 22
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Fox
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National
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Thrifty
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Avis
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Europcar
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Hertz
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Ace
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Find answers to frequently asked questions about car rentals in Panama City, including policies, requirements, and more. FAQs were last updated on 25 August 2026.
In the past two weeks, Cheapflights users have found many deals under C$ 24/day when booking a rental car in Panama City. The best deal a user found was for C$ 8/day from Routes Car & Truck Rentals, booked on Aug. 22.
Alamo is one of the most popular car rental companies in Panama City, offering car rentals for around C$ 179 per week on average.
Yes, you can rent a car for a month in Panama City check Cheapflights for the latest prices and car type availability.
Generally, a month-long car rental in Panama City can be found for about C$ 765, with the average price for a rental being around C$ 26 a day. Book with Routes Car & Truck Rentals, to take advantage of their cheap prices and pay 78% less compared to the average price of car rentals in Panama City.
C$ 30 is typically the average cost for a rental car for the weekend in Panama City, though this could vary depending on the time of year. If you’re on a budget when travelling to Panama City, then opt for a Intermediate rental vehicle - these tend to be the most affordable on weekends. In the month of September, you can expect to find car rental prices on Cheapflights for as low as C$ 30/day.