Find and compare great deals on Budget rental cars in Panama City
Same drop-off
Budget car rental deals in Panama City, Panama
Find your perfect rental car on momondo
Small Cars
$4 - $37
All Car Types
$26 - $46
The best time to rent a Small car from Budget in Panama City, Panama is in February when prices are $4 per day on average. $4 per day is 68% lower than the $12 average yearly price for a Budget Small rental in Panama City. While February may be the cheapest month to rent a Small car from Budget in Panama City, June is the most expensive. However, you may still be able to find great deals in June on Small rental vehicles from Budget depending on what day you book.
The best time to rent a Medium car from Budget in Panama City, Panama is in February when prices are $12 per day on average. $12 per day is 28% lower than the $17 average yearly price for a Budget Medium rental in Panama City. While February may be the cheapest month to rent a Medium car from Budget in Panama City, August is the most expensive. However, you may still be able to find great deals in August on Medium rental vehicles from Budget depending on what day you book.
The best time to rent a Large car from Budget in Panama City, Panama is in October when prices are $34 per day on average. $34 per day is 20% lower than the $42 average yearly price for a Budget Large rental in Panama City. While October may be the cheapest month to rent a Large car from Budget in Panama City, May is the most expensive. However, you may still be able to find great deals in May on Large rental vehicles from Budget depending on what day you book.
The best time to rent a SUV car from Budget in Panama City, Panama is in May when prices are $13 per day on average. $13 per day is 36% lower than the $20 average yearly price for a Budget SUV rental in Panama City. While May may be the cheapest month to rent a SUV car from Budget in Panama City, August is the most expensive. However, you may still be able to find great deals in August on SUV rental vehicles from Budget depending on what day you book.
The best time to rent a Van car from Budget in Panama City, Panama is in March when prices are $27 per day on average. $27 per day is 46% lower than the $50 average yearly price for a Budget Van rental in Panama City. While March may be the cheapest month to rent a Van car from Budget in Panama City, January is the most expensive. However, you may still be able to find great deals in January on Van rental vehicles from Budget depending on what day you book.
The best time to rent a Pickup truck car from Budget in Panama City, Panama is in April when prices are $28 per day on average. $28 per day is 17% lower than the $34 average yearly price for a Budget Pickup truck rental in Panama City. While April may be the cheapest month to rent a Pickup truck car from Budget in Panama City, February is the most expensive. However, you may still be able to find great deals in February on Pickup truck rental vehicles from Budget depending on what day you book.
The best time to rent a Luxury car from Budget in Panama City, Panama is in December when prices are $51 per day on average. $51 per day is 21% lower than the $64 average yearly price for a Budget Luxury rental in Panama City. While December may be the cheapest month to rent a Luxury car from Budget in Panama City, June is the most expensive. However, you may still be able to find great deals in June on Luxury rental vehicles from Budget depending on what day you book.
Me gustó que fue muy rápida y sencilla la entrega, para mejorar sería la inclusión de la calculadora con el valor del auto con el valor mínimo incluido el seguro obligatorio contra terceros para no tener que llegar a revisar el tema y que salgan valores no estimados
10.0
Wonderful|Apr 2023
Everything was fantastic!
8.0
Very good|Apr 2023
Overall ok . Would use again
8.0
Very good|Mar 2023
Good sevice and car
8.0
Very good|Jan 2023
It was unclear where specifically to drop off the car. The locks in the car need lubricant. We almost weren’t able to get into our locked car.
8.0
Very good|Mar 2022
The staff were friendly and helpful. I just wish the process was faster and more info could be provided up front so we didn't have to wait so long to get everything processed (took 1 hour from start to finish). Drop off was very easy and fast.
1 out of 4
View Budget Locations in Panama City
Information about Budget car rentals in Panama City
How much will a Budget rental car in Panama City cost in August?
According to last year’s data, you can expect Budget rental car prices in Panama City to be $19 per day on average in August. Yet it’s not unheard of to find prices for as low as $5 per day from Budget during this time of year in the city of Panama City. $132 is typically the average week-long cost to rent a car from Budget in August while in Panama City.
Does Budget have a location at Panama City Tocumen Intl Airport?
Yes, Budget has 1 location at Panama City Tocumen Intl Airport which is located at Tocumen Int'l Aeropuerto.
Does Budget offer free car rental cancellation in Panama City?
Budget has free cancellations on car rentals in Panama City. However, a cancellation fee may be applied if you cancel your rental last-minute. We recommend you call Budget for more information. Panama City area phone numbers for Budget can be found here within the Locations tab.
What is the most popular car to rent from Budget while in Panama City in August?
According to our data, Passenger van vehicles are the most popular type of car for our users to rent from Budget while visiting Panama City in August. Based on Budget car rental prices in August last year, you can expect the average price for Passenger van rentals to be $32/day. Our users have also found prices for as low as $6/day last August, which means you may be able to find similar rental prices this year on momondo.
What is the cheapest type of car to rent from Budget in Panama City?
If you’re looking to save money on your rental car from Budget, then consider renting a Mini, the cheapest type of car the rental company has available in Panama City. Renting a Mini from Budget costs $6 per day on average, which is 24% cheaper than their most expensive car. In the past year, 21% of our users opted to rent a Mini from Budget in order to save money on their trip to Panama City.
How many Budget car rental locations are there in Panama City?
There are 5 Budget car rental locations in Panama City. According to our users, the most popular Budget location in Panama City is located at Tocumen Int'l Aeropuerto. 55% of our users who rented a car from Budget in Panama City did so from this location in the past year.
When did momondo last update prices for cars in Panama City?
Prices for cars in Panama City were last updated today.
How many operators does momondo search for cars in Panama City?
The number of operators available for cars in Panama City is 109 as of July 2025.
How old do you have to be to hire a car in Panama City?
Among different countries, including Panama City, the minimum age for drivers varies. In numerous EU countries, drivers must be 18 years old. To hire a car overseas, you'll generally need to be at least 21, and if you're under 25, a young driver surcharge may be imposed. It's recommended that you review the policy of the rental company you're considering before booking.
What documentation or ID do you need to rent a car in Panama City?
To rent a car in Panama City, all drivers must have a valid full driving license. If the license is written in a language other than the language of the country of rental, an International Driving Permit may be required to avoid the risk of potential fines. If you're renting a car abroad, you may also need to provide proof of return travel and accommodation information during your stay. We recommend that you verify with the specific rental company you're booking with.
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