Cheap Homes for Rent in Palermo, CA from $800 (5 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 Apartment Homes priced from $468. Tourist Hotel in the Hetherington Place neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Palermo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Olive Ranch Senior Apartment Homes1x11BR,1BA$468
Tourist HotelStudioStudio,$675
Boulder Creek Apartments2 Bed 1 Bath2BR,1BA$1,105

Best Value Apartments for Rent in Palermo, CA and Nearby

As of May 23, 2025 the best value apartment in the Palermo area is the $1.60 price per square foot 2BR/1.5BA Model at Colonial Garden Apartments in the in the Hetherington Place neighborhood starting from $1,600. The second greatest value Palermo apartment is the 2-bedroom 2-bath Model at The Place Apartments starting at $1,550 with a $1.63 price per square foot in the Hetherington Place neighborhood. 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.
Colonial Garden Apartments2BR/1.5BA2BR,1.5BA$1.60
The Place Apartments2-bedroom 2-bath2BR,2BA$1.63
Lincoln PlacePlan B2BR,1BA$1.63
Northpointe Commons2 Beds, 1 bath2BR,1BA$1.53
Eastgate Terrace ApartmentsTwo Bedroom One Bath2BR,1BA$1.68
Hillcrest Court Apartments2x1T2BR,1BA$1.78
Lakeside VillageLakeside Village Plan B2BR,1BA$1.63
Boulder Creek Apartments2 Bed 1 Bath2BR,1BA$1.29
Meadow Wood Condo ApartmentsPlan C1BR,1BA$1.76
Northgate Terrace1 Bed 1 Bath1BR,1BA$1.76

Quick Rent Budget Calculator

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Frequently Asked Questions about Palermo

What type of rentals are currently available in Palermo?

There are currently 43 Apartments for Rent in Palermo, CA with pricing that ranges from $486 to $2,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palermo ranging from $825 to $3,500.

What is the current price range for Rental Homes in Palermo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palermo ranges from $825 to $3,500 with an average monthly rent of $2,120.

How much are larger Three and Four Bedroom Rentals in Palermo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palermo range from $1,096 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,398.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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Navigating the Rental Market: Tips for First-Time Renters

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.