Rent to own Homes in Panama, IA

Panama, IA is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Panama, IA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Panama, IA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 7 2946 Highway 30 #68
Rent To Own
 
Multifamily (2 - 4 Units)
East Denison, IA 51442
3
1
0 ft2
1 of 23 25765 McPherson Ave
Rent To Own
 
Multifamily (2 - 4 Units)
Council Bluffs, IA 51603
5
3
3600 ft2
1984
Hot
1 of 36 119 UPLAND DR
Rent To Own
Council Bluffs
Single Family Home
Council Bluffs, IA 51503
4
3
2527 ft2
1977
Hot
1 of 19 125 FAWN PARK DR
Rent To Own
Council Bluffs
Single Family Home
Council Bluffs, IA 51503
3
3
3416 ft2
2005
Hot
1 of 9 2135 AVENUE G
Rent To Own
Council Bluffs
Single Family Home
Council Bluffs, IA 51501
2
1
890 ft2
1920
Hot
1 of 8 2223 AVENUE F
Rent To Own
Council Bluffs
Single Family Home
Council Bluffs, IA 51501
3
3
1300 ft2
2017
New
402 1/2 William St
Rent To Own
Dahlman
Single Family Home
Omaha, NE 68108
3
2
1428 ft2
1885
Hot
1 of 6 1306 S 35TH ST
Rent To Own
 
Single Family Home
Omaha, NE 68105
3
3
2649 ft2
1910
New
1236 ROAD M16
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harlan, IA 51537
5
4
2495 ft2
1978
29 3RD AVE
REO Foreclosure
 
Single Family Home
Earling, IA 51530
2
1
554 ft2
1910
302 3RD ST
Auction
 
Single Family Home
Earling, IA 51530
5
2
1932 ft2
1915
New
1619 FARNAM ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harlan, IA 51537
4
3
1104 ft2
1961
New
1908 19TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harlan, IA 51537
2
2
960 ft2
1975
New
1 of 57 907 BROADWAY ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harlan, IA 51537
2
2
648 ft2
1900
901 9TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harlan, IA 51537
3
2
1176 ft2
2002
1201 COLLEGE BLVD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harlan, IA 51537
2
3
1285 ft2
1913
315 1ST ST
REO Foreclosure
 
Single Family Home
Defiance, IA 51527
4
1
2079 ft2
1900
308 MARKET ST
REO Foreclosure
 
Single Family Home
Harlan, IA 51537
2
1
1414 ft2
1937
1 of 5 2106 7TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Harlan, IA 51537
4
2
1318 ft2
1916
113 S HOWARD ST
Auction
 
Single Family Home
Dow City, IA 51528
3
1
1668 ft2
1885
New
204 DES MOINES ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Shelby, IA 51570
2
1
910 ft2
1895
New
502 GRACE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Arion, IA 51520
3
1
1581 ft2
1890
New
706 WALKER ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Woodbine, IA 51579
2
1
1224 ft2
1879
New
806 WEARE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Woodbine, IA 51579
4
2
1248 ft2
1900
New
609 PARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Woodbine, IA 51579
3
2
2178 ft2
1900
New
1 of 31 2976 PAR TRL #B
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Woodbine, IA 51579
3
3
1513 ft2
2002
New
31187 380TH ST
Auction
 
Single Family Home
Shelby, IA 51570
4
1
940 ft2
1900
New
210 BRADY ST
Auction
 
Single Family Home
Minden, IA 51553
4
2
1004 ft2
1900
1017 N FROST AVE
Auction
 
Single Family Home
Avoca, IA 51521
2
2
1716 ft2
1900
New
1 of 33 208 E MILL ST
Auction
 
Single Family Home
Avoca, IA 51521
4
3
1580 ft2
1890
110 N WALNUT ST
REO Foreclosure
 
Single Family Home
Avoca, IA 51521
2
1
1151 ft2
1910
New
1 of 115 109 N CHESTNUT ST
Auction
 
Single Family Home
Avoca, IA 51521
4
2
918 ft2
1920
1 of 11 154 S CHESTNUT ST
Auction
 
Single Family Home
Avoca, IA 51521
2
1
1036 ft2
1910
New
316 LAURIE CIR
Auction
 
Single Family Home
Neola, IA 51559
3
2
866 ft2
1983
New
208 2ND ST
Auction
 
Single Family Home
Neola, IA 51559
3
2
1632 ft2
2009
New
103 2ND ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Neola, IA 51559
4
2
1417 ft2
1900
1215 3RD AVE S
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Denison, IA 51442
4
1
1676 ft2
1920
New
1 of 29 1319 2ND AVE S
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Denison, IA 51442
4
1
3027 ft2
1900
217 N 12TH ST
REO Foreclosure
 
Single Family Home
Denison, IA 51442
2
1
992 ft2
1900
New
240 N 12TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Denison, IA 51442
4
2
1856 ft2
1913
New
220 N 16TH ST
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Denison, IA 51442
2
1
858 ft2
1905
New
411 N 4TH AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Logan, IA 51546
3
2
864 ft2
1924
203 E 5TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Logan, IA 51546
4
2
2144 ft2
1904
1 of 20 101 E KIMBALL ST
Auction
 
Single Family Home
Hancock, IA 51536
3
1
912 ft2
1920
Map
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Buying a Home in Panama, IA

Panama, IA is seeing rapid growth and Panama, IA's' housing market remains optimal with an average home price that is -58% below the 2024 national average. Panama, IA is part of Shelby county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Shelby is 1.24% which is above the national average, which is 0.99%.

Median Home Price in Panama, IA

Median Rent in Panama, IA

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.