Cheap Car Rentals in Panama from $5
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 with a pick-up date of 7/30 and drop-off date of 8/12. Fares are subject to change and may not be available at all agencies or on all dates of rental.
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Panama car rentals in 2026
Get helpful information to start your search for the perfect car rental in Panama. The average price data is based on the last 12 months and was last updated on July 17, 2026.
Most popular company | Automarket Rent a Car |
|---|---|
Most common car type | Full-size |
Average price per day | $26 |
Cheapest price per day | $5 |
Best car rental deals found in Panama
Browse through a selection of recently found affordable car rental deals in Panama. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Panama with an average daily rate of $11. Data was last updated on July 17, 2026.
Ford Focus$5/day
2
M
A/C
Toyota Yaris$5/day
4
M
A/C
Toyota Aygo$5/day
2
M
A/C
Cheapflights insights for Panama car rentals
Get relevant, data-driven information to help you rent a car in Panama, including pricing trends, ideal booking times, and more.
How far in advance should I rent a car in Panama?
To get the best deal on a rental car in Panama, book about 80 days before your trip. At that point, average daily prices are around $11, which is about 20% cheaper than the typical rate.
What is the cheapest rental car company in Panama?
National is currently the cheapest rental car company in Panama with deals as low as $5.53/day found in the past two weeks. Budget is another inexpensive option with rates as low as $6.53/day.
What is the cheapest month to rent a car in Panama?
Planning a car rental in Panama? September is the cheapest month, costing about $9 per day. In contrast, March is the most expensive, with an average daily rate of $20. Monthly average rental prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.
January
$16
February
$17
March
$20
April
$15
May
$13
June
$11
July
$13
August
$11
September
$9
October
$11
November
$12
December
$16
What car do most people rent in Panama?
SUV rentals (Mitsubishi Montero Sport or similar) are the most popular option for those visiting Panama. Intermediate rentals (Toyota Camry or similar) are also a popular choice, followed by Standard rentals (Nissan Sentra or similar).
Which car rental company has the most locations in Panama?
Avis has 8 locations throughout the area, more than any other company. Automarket Rent a Car has the second highest number of locations in Panama at 23.
What are the car rental prices for popular cities in Panama?
Discover the price range for renting a car in popular cities across Panama, helping you budget and make informed decisions for your upcoming travel. There are 116 pickup locations in Panama to choose from. Price data has been averaged over the last 12 months and was last updated on July 17, 2026.
Among the most popular cities in Panama, Río Hato offers the lowest average rental price at just $5/day. Other affordable options include David ($5/day), Panama City ($7/day), and Pedasí ($8/day).
Top rental agencies in Panama
Explore the leading car rental agencies in Panama known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Panama. Reviews were last updated on July 17, 2026.
Overview
Reviews
Locations
Budget
26 reviews•14 locations
Overview
Cleanliness
8.8
Comfort
8.5
Overall
8.4
Pick-up/drop-off
8.5
Value
8.2
Recent reviews
2.0
|Jul 2023The worse. They didn’t have my car because they gave it to one’s before I got there. I had to wait 45 minutes for a car to get picked up from another location.
10.0
|Jul 2023The Budget agent got us into the vehicle quickly.
10.0
|Jul 2023The Budget agents at the David airport in Panama got us into the vehicle quickly and we were on our way faster than I thought it would take to get the paperwork done.
10.0
|Apr 2023Great customer service
6.0
|Mar 2023Thé insurance are very expensive
1 out of 9
View Budget Locations in Panama
Overview
Locations
National
3 reviews•12 locations
Overview
Cleanliness
6.6
Comfort
6.7
Overall
6.5
Pick-up/drop-off
6.3
Value
6.3
View National Locations in Panama
Overview
Reviews
Locations
Avis
16 reviews•8 locations
Overview
Cleanliness
6.7
Comfort
6.2
Overall
5.9
Pick-up/drop-off
5.7
Value
5.9
Recent reviews
2.0
|Sep 2023Staff not really friendly, unmentioned and unexpected cost for liability had to be paid at the counter
10.0
|Sep 2023Great 👍🏾
10.0
|Aug 2023Everything was fine.
1 out of 6
View Avis Locations in Panama
Overview
Reviews
Locations
Thrifty
29 reviews•25 locations
Overview
Cleanliness
6.7
Comfort
6.2
Overall
5.8
Pick-up/drop-off
6.2
Value
5.6
Recent reviews
2.0
|Apr 2022It would have been better had the held the car for us. Having no car available because our flight was over 1 hour delayed is a stupid policy
2.0
|Mar 2022They did not have a car for me and I had to get a rental at national that was next door. I ask for a full refund. Since I never received a car
1 out of 10
View Thrifty Locations in Panama
Overview
Reviews
Locations
Hertz
9 reviews•18 locations
Overview
Cleanliness
6.3
Comfort
5.8
Overall
4.5
Pick-up/drop-off
5.3
Value
4.0
Recent reviews
2.0
|Apr 2023It is a fraud. Don't use Hertz in Panama. Go straight to Sixt or other companies.
1 out of 3
View Hertz Locations in Panama
Overview
Reviews
Locations
Europcar
5 reviews•8 locations
Overview
Cleanliness
4.1
Comfort
4.2
Overall
3.8
Pick-up/drop-off
3.8
Value
3.8
Recent reviews
2.0
|Nov 2024They are not in the terminal. I tried calling them three times but no answer. I called Expedia and they also had no luck getting through. I ended up renting from the counter and paid much more.
2.0
|Jul 2024Could not get the car . Nobody answered the phone when I called to be picked-up from the Airport. I rented from another company right at the airport.
2.0
|Jul 2023Terrible. Reserved car was not available. Of erred me two cars.
1 out of 2
View Europcar Locations in Panama
Overview
Locations
Ace
2 reviews•8 locations
Overview
Cleanliness
4.6
Comfort
4.5
Overall
3.3
Pick-up/drop-off
3.8
Value
4.0
View Ace Locations in Panama
Overview
Locations
Automarket Rent a Car
23 locations
View Automarket Rent a Car Locations in Panama
Car rental FAQs
Find answers to frequently asked questions about car rentals in Panama, including policies, requirements, and more. FAQs were last updated on July 17, 2026.
What is the most popular car rental provider in Panama?
The most popular rental car company in Panama is Avis. With prices on SUV starting at $6/day about 338% more people book with Avis than other companies in the country.
What is the cheapest city to get a rental car in Panama?
At $39/day, it is 0% cheaper on average to rent a car in Panama City than any other city in Panama. The cheapest price found in Panama was for $11/day in Panama City.
What side of the road do you drive on in Panama?
Cars travel on the right side of the road in Panama.
Traveling to a place near Panama?
Rent a car at Panama if you plan to visit one of these locationsBrookings
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