To rent a small apartment in Panama City, you should budget around US$1,000 and upwards. Typically, that would be a one bedroom + living room with one full bathroom and a guest bathroom. The location would be San Francisco, for example. You would probably have a small balcony, with a city view. You would have only one parking space. Some agents will tell you there are additional guest parking spaces, but this is lie, because as a tenant you would not be considered a guest! As a rule of thumb, you would need to rent a three-bedroom if you require two parking spaces. At that price level, the building would be modern, located in a safe neighborhood, with access controlled by a security guard and provided with a pool and a gym. The apartment would be unfurnished, but equipped with lighting, appliances and air conditioners. The monthly building administration fee is usually paid by the landlord. Water and gas are usually included in the rent. However you would have to subscribe the electrical supply contract in your name, as well as phone, Internet and cable TV. Please keep in mind that every ad you see online or classifieds is intended for a duration of 12 months renewable - unless expressly indicated otherwise. Therefore, don't waste time investigating if the owner would rent you the apartment for 3 o 6 months. You do not have to pay a cent to your agent, as commissions are paid by the owners. It's not a bad idea to be assisted (at no cost) by an agent (preferably with a license number and a business card) since you will be required to sign a lease - in Spanish.... there are no standard leases, like in the US, so beware of the fine print!