Find Rentals
Insights
Agencies
FAQs
Panama City

Cheap Car Rentals in Panama City

Driver's age: 25-65
Here’s why our users search for rental cars through Cheapflights

Price trackingHolding out for a great deal? Get notified when prices are reduced.

Customized resultsFilter by rental agency, car type, price range and more.

Unlimited free useSearch as many times as you want with no hidden charges or fees.

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 7 days before your pickup date to maximize your savings. Car rental prices are around ₱470/day on average when booked 7 days ahead, which saves you 3,754% off the average price.

Find deals

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 12 reviews). Dollar (rated 6.5/10 with 4 reviews) is also highly rated by our users.

Budget
Budget
8.7
Dollar
Dollar
6.5
National
National
6.2
Thrifty
Thrifty
6.0

What is the cheapest month to rent a car in Panama City?

The cheapest month to rent a car in Panama City is September where you can expect to pay ₱529/day on average. The most expensive month to rent a car in Panama City is December (₱940/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

₱881

February

₱822

March

₱705

April

₱705

May

₱646

June

₱646

July

₱705

August

₱705

September

₱529

October

₱646

November

₱646

December

₱940

What car do most people rent in Panama City?

The most popular types of cars to rent in Panama City are the following: SUV rentals (Hyundai Santa Fe or similar), Intermediate rentals (Kia Sportage or similar), and Full-size rentals (Toyota Corolla or similar).

Which car rental company has the most locations in Panama City?

Automarket Rent a Car has 13 locations throughout the area, more than any other company. Dollar has the second highest number of locations in Panama City at 12.

Find deals

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 February 1, 2026.

Budget

8.7
Very good
12 reviews•6 locations
Check prices
Overview

Cleanliness

9.0

Comfort

8.8

Overall

8.7

Pick-up/drop-off

8.7

Value

8.4

Dollar

6.5
Okay
4 reviews•12 locations
Check prices
Overview

Cleanliness

7.0

Comfort

6.7

Overall

6.5

Pick-up/drop-off

6.5

Value

6.8

National

6.2
Okay
3 reviews•6 locations
Check prices
Overview

Cleanliness

6.3

Comfort

6.3

Overall

6.2

Pick-up/drop-off

6.0

Value

6.0

Thrifty

6.0
Okay
7 reviews•9 locations
Check prices
Overview

Cleanliness

6.9

Comfort

6.4

Overall

6.0

Pick-up/drop-off

6.2

Value

5.9

Avis

5.8
Fair
9 reviews•4 locations
Check prices
Overview

Cleanliness

6.6

Comfort

6.3

Overall

5.8

Pick-up/drop-off

5.6

Value

5.9

Alamo

5.7
Fair
11 reviews•6 locations
Check prices
Overview

Cleanliness

6.7

Comfort

6.2

Overall

5.7

Pick-up/drop-off

5.6

Value

5.4

Hertz

4.8
Mediocre
6 reviews•6 locations
Check prices
Overview

Cleanliness

6.0

Comfort

5.5

Overall

4.8

Pick-up/drop-off

5.4

Value

4.5

Enterprise Rent-A-Car

3.3
Poor
3 reviews•4 locations
Check prices
Overview

Cleanliness

5.9

Comfort

4.6

Overall

3.3

Pick-up/drop-off

3.9

Value

4.6

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 February 1, 2026.

  • How much does it cost to rent a car in Panama City for a week from Automarket Rent a Car?

    Automarket Rent a Car is one of the top picks in Panama City. They can have you in a rental car for about ₱5,993 per week on average.

  • Can I rent a car for a month in Panama City?

    Typically how long you can rent a car for depends on the inventory of the supplier. For Panama City however, it is certainly possible to rent a car for an entire month.

Browse thousands of different options on Cheapflights for your next trip

Toggle through the tabs below to find thousands of options on Cheapflights for your next trip.

Airport car rentals in Panama City

Rent a car at one of these airports in the Panama City area
Panama City Tocumen Intl Airport car rentals

Best Car Rental Deals

We make it easy and fast to find and compare deals from 70,000+ rental locations and hundreds of agencies.

No Surprises

Prices shown to you will be completely in full, without any hidden charges or fees.

Free Cancellation

Plans change — we get it. And that’s why you can search and book rental cars on Cheapflights from agencies that offer free cancellation