
Cheap Homes for Rent near Palermo, CA from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Palermo.


650 Bird St

445 Nelson Ave

1532 Bridge St
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.

730 Stimpson Rd

12896 Rices Crossing Rd

370 Bird St

723 13th St
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.
Palermo, CA Local Guide

How much does it cost to rent a home in Palermo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palermo 2 Bedroom Homes for Rent | $1,558 | $1,295 | $1,900 |
| Palermo 3 Bedroom Homes for Rent | $2,077 | $1,700 | $2,500 |
| Palermo 4 Bedroom Homes for Rent | $2,198 | $1,750 | $2,700 |
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Palermo, CA Local Guide
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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 $725. Here is today’s list of the most affordable Palermo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olive Ranch Senior Apartment Homes | 1x1 | 1BR,1BA | $468 |
| Tourist Hotel | Studio | Studio, | $725 |
| Sierra Heights Apartments | 1 Bed/1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Palermo, CA and Nearby
As of August 17, 2026 the best value apartment in the Palermo area is the $1.31 price per square foot 2 Bedroom Model at Olive Ranch Apartments in the starting from $1,187. The second greatest value Palermo apartment is the 2x1T Model at Hillcrest Court Apartments starting at $1,500 with a $1.67 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Olive Ranch Apartments | 2 Bedroom | 2BR,2BA | $1.31 |
| Hillcrest Court Apartments | 2x1T | 2BR,1BA | $1.67 |
| Northgate Terrace | Plan C - 2 bed 1 bath 872 sq ft | 2BR,1BA | $1.55 |
| The Estate | Unit 12 | 2BR,1BA | $1.80 |
| Northpointe Commons | 1 Bedroom | 1BR,1BA | $1.69 |
| Hidden Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.81 |
| Lakeside Village | Lakeside Village Plan A | 1BR,1BA | $1.83 |
| Sierra Heights Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.14 |
| Shasta Glen Apartments | 650 SF | 1BR,1BA | $1.65 |
| Paradise Boutique Apartments | 1BR/1.0BA | 1BR,1BA | $1.55 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Palermo
What type of rentals are currently available in Palermo?
There are currently 55 Apartments for Rent in Palermo, CA with pricing that ranges from $468 to $1,845. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palermo ranging from $1,100 to $2,700.
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 $1,100 to $2,700 with an average monthly rent of $1,849.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.