Airbnb Investment in Panama — Market Data 2026
Profitability analysis for Panama. Updated occupancy, pricing, and ROI data.
Median Nightly Rate
$92
Occupancy Rate
47%
Active Properties
1,550
Est. Monthly Revenue
$1,357
median per listing
Market Summary
Short-term rental data in Panama
Data as of November 2026
We analyzed 1550 short-term rental properties across Panama, spread over 2 cities, with a median rate of $92/night and an occupancy rate of 47%, generating an estimated revenue of $1,357/month.
Investment Context
The short-term rental market in Panama presents attractive investment opportunities. With 1550 analyzed properties, a median rate of $92/night, and 47% occupancy, estimated monthly revenue is $1,357. We analyze pricing, occupancy, and estimated revenue data to help investors identify the best opportunities in each city.
Cities to Invest
Sorted by estimated profitability.
Metropolitan Area — Greater Distrito de Panamá
3 cities · 1,210 properties
Monthly history in Panama
Entire properties, in USD. Median per listing; published months are never restated. · Download CSV
From September 2026, occupied nights are measured day by day and rates come from real 3-night stay quotes. August 2026 uses the previous method (listed rate and forward calendar) and is not compared with the new months.
| Month | $/night | MoM | Occupancy | Chg (pts) | Est. revenue/mo |
|---|---|---|---|---|---|
| October 2026 | $85 | +3.0% | 35% | -8.7 pts | $1,291 |
| September 2026 | $83 | — | 43% | — | $1,565 |
| Previous method (through August 2026): listed rate and forward calendar — not comparable with the months above. | |||||
| August 2026 | $136 | — | 62% | — | $2,878 |
Market Trends (Last 90 Days)
Price and occupancy evolution over time
Data from Sep 23, 2026 to Nov 14, 2026 · Entire homes only, same method as the headline figures.
Price Trend
Median nightly rate
Occupancy Trend
Average occupancy rate
Over the last 53 days, the median price in Panama increased 16.7% to $84/night. Occupancy dropped to 41%.
Frequently Asked Questions About Investing in Panama
The best cities for Airbnb investment in Panama are: Distrito de Panamá, San Miguelito. These cities have the highest short-term rental demand and offer the best return on investment opportunities.
Ready to Invest in Panama?
Properties in Panama generate a median of $1,357/month in short-term rentals.
Methodology
The data in this analysis comes from public Airbnb listings in Panama. Prices are calculated from published rates, occupancy is estimated through calendar availability analysis, and revenue is projected using the formula: median rate x occupancy x 30 days. Data is updated daily and represents a sample of 1550 active properties across 2 cities. This page reflects data as of November 2026. Airbnb is a registered trademark of Airbnb, Inc. TuLugar is not affiliated with or endorsed by Airbnb.