Cheap Apartments for Rent near Palermo, CA from $468 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in Palermo.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Jasmine Apartments
Studio to 2 Bedroom Apartments

Jasmine Apartments

1210-1250 Kenny DrYuba City, CA 95991
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Sandpiper Cove
1 to 2 Bedroom Apartments

Sandpiper Cove

375 Mcrae WayYuba City, CA 95991
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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237 B St
1 Bedroom Apartments

237 B St

237 B StYuba City, CA 95991
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Riveo
2 Bedroom Apartments

Riveo

425-445 Nelson AveOroville, CA 95965
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Northgate Terrace
1 to 2 Bedroom Apartments

Northgate Terrace

1290 Northgate DrYuba City, CA 95991
  • Utilities Included
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The Estate
2 Bedroom Apartments

The Estate

330 Bird StYuba City, CA 95991

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Palermo, CA Local Guide

Cheapest Available Palermo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palermo, CA is a 1 Bed unit found at Olive Ranch Senior priced from $468. Tourist Hotel in the Hetherington Place neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Palermo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Olive Ranch Senior1x11BR,1BA$468
Tourist HotelStudioStudio,$725
Sierra Heights Apartments1 Bed/1 Bath1BR,1BA$750
Casa Milano ApartmentsStudioStudio,1BA$995
Shasta Glen Apartments650 SF1BR,1BA$1,075
Joshua Tree Apartments1 Bed, 1 bath1BR,1BA$1,100
Driftwood ApartmentsOne bedroom1BR,1BA$1,100
Ramirez Court ApartmentsOne bedroom1BR,1BA$1,100
Olive Ranch Apartments3 bedroom3BR,2BA$1,137
Sandpiper Apartments1 x 11BR,1BA$1,150

Best Value Apartments for Rent in Palermo, CA and Nearby

As of September 08, 2026 the best value apartment in the Palermo area is the $1.43 price per square foot 2BR/2.0BA Model at Paradise Boutique Apartments in the starting from $1,390. The second greatest value Palermo apartment is the 2 Bedroom Model at Olive Ranch Apartments starting at $1,187 with a $1.31 price per square foot . Here is today’s list of the best values for Palermo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paradise Boutique Apartments2BR/2.0BA2BR,2BA$1.43
Olive Ranch Apartments2 Bedroom2BR,2BA$1.31
Hillcrest Court Apartments2x1T2BR,1BA$1.67
Northgate TerracePlan C - 2 bed 1 bath 872 sq ft2BR,1BA$1.55
Lakeside VillageLakeside Village Plan B2BR,1BA$1.60
The EstateUnit 112BR,1BA$1.80
Northpointe Commons1 Bedroom1BR,1BA$1.69
Hidden Place Apartments1 Bed 1 Bath1BR,1BA$1.81
Sierra Heights Apartments1 Bed/1 Bath1BR,1BA$1.14
Shasta Glen Apartments650 SF1BR,1BA$1.65

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palermo, CA Rentals by Map

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See the most popular apartments and homes in Palermo, CA

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Frequently Asked Questions about Cheap Palermo Apartments

What is the Cheapest Studio apartment in Palermo?

Currently the most affordable Cheap Studio Apartment in Palermo is at Tourist Hotel listed at $725.

How much is rent for a Cheap One Bedroom Palermo Apartment?

The lowest price for a Cheap One Bedroom Palermo Apartment is $468 at Olive Ranch Senior.

What is the lowest price for a Cheap Two Bedroom Palermo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palermo is starting from $554 at Olive Ranch Senior.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.