Cheap Car Rentals in Panama City from C$ 7
This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car rental in Panama City with a pick-up date of 26/10 and drop-off date of 25/11. Fares are subject to change and may not be available at all agencies or on all dates of rental. Click the price to replicate the search for this deal.
Panama City car rentals in 2026
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 6 October 2026.
Most popular company | THRIFTY |
|---|---|
Price of gas per litre | C$ 1.97 |
Average price per day | C$ 21 |
Cheapest price per day | C$ 7 |
Popular car types in Panama City
Explore the most popular car models available for rent in Panama City and choose the one that suits your needs. The price data is sourced from various car rental companies and was last updated on 6 October 2026.
There are 27 rental agencies servicing Panama City. These agencies, altogether, have 142 rental locations available. Need an affordable rental? small 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 5 car types you can rent in Panama City:
Economy
C$ 7+
Compact
C$ 7+
Intermediate
C$ 7+
SUV
C$ 9+
Minivan
C$ 38+
Full-size SUV
C$ 25+
Mini
C$ 7+
Pick-up truck
C$ 23+
Best car rental deals found in Panama City
Browse through a selection of recently found affordable car rental deals in Panama City. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Panama City with an average daily rate of C$ 13. Data was last updated on 6 October 2026.
Cheapflights insights for Panama City car rentals
Get relevant, data-driven information to help you rent a car in Panama City, including pricing trends, ideal booking times, and more.
How far in advance should I rent a car in Panama City?
Book your rental car in Panama City 80 days before your pickup date to maximize your savings. Car rental prices are around C$ 16/day on average when booked 80 days ahead, which saves you 7% off the usual average price.
What is the cheapest rental car company in Panama City?
National is currently the cheapest rental car company in Panama City with deals as low as C$ 5.02/day found in the past two weeks. Alamo is another inexpensive option with rates as low as C$ 5.02/day.
What is the best car rental company in Panama City?
Based on Cheapflights user feedback, the highest-rated car rental company in Panama City is Budget (rated 8.7/10 with 13 reviews). Fox (rated 8.0/10) is also highly rated by our users.
What is the cheapest month to rent a car in Panama City?
The cheapest month to rent a car in Panama City is September, when you can expect to pay C$ 14/day on average. The most expensive month to rent a car in Panama City is March (C$ 30/day on average). The average daily rental price for each month is shown below. Keep in mind that prices will vary based on availability, when you book, and the type of car you rent.
January
C$ 23
February
C$ 24
March
C$ 30
April
C$ 21
May
C$ 19
June
C$ 16
July
C$ 17
August
C$ 16
September
C$ 14
October
C$ 17
November
C$ 19
December
C$ 24
What car do most people rent in Panama City?
SUV rentals (Toyota Land Cruiser Prado, for example) are the most popular in Panama City. Economy (Class Economy Car) and Mini (Kia Picanto) rentals are also often chosen by our users when visiting Panama City.
Which car rental company has the most locations in Panama City?
Avis has 4 locations throughout the area, more than any other company. Automarket Rent a Car has the second-highest number of locations in Panama City at 13.
Top rental agencies in Panama City
Explore the leading car rental agencies in Panama City known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Panama City. Reviews were last updated on 6 October 2026.
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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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Ace Locations in Panama City
Car rental FAQs
Find answers to frequently asked questions about car rentals in Panama City, including policies, requirements, and more. FAQs were last updated on 6 October 2026.
What is the cheapest rental car found in Panama City?
In the past two weeks, Cheapflights users have found many deals under C$ 21/day when booking a rental car in Panama City. The best deal a user found was for C$ 8/day from Ace, booked on Oct. 3.
How much does it cost to rent a car in Panama City for a week from Thrifty?
Thrifty is one of the most popular car rental companies in Panama City, offering car rentals for around C$ 132 per week on average.
Can I rent a car for a month in Panama City?
Yes, you can rent a car for a month in Panama City check Cheapflights for the latest prices and car type availability.
How much does it cost to rent a car in Panama City for a month?
Generally, a month-long car rental in Panama City can be found for about C$ 568, with the average price for a rental being around C$ 19 a day. Book with Ace, to take advantage of their cheap prices and pay 70% less compared to the average price of car rentals in Panama City.
How much is a car rental in Panama City for a weekend?
C$ 17 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 Economy rental vehicle - these tend to be the most affordable on weekends. In the month of November, you can expect to find car rental prices on Cheapflights for as low as C$ 27/day.