
Cheap Homes for Rent in Palermo, CA from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Palermo.


1950 Kitrick Ave
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.

166 Gold Ave

6 Apica Ave
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.

2670 Tierra Buena Rd
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 | $1,790 | $1,350 | $2,200 |
Palermo 3 Bedroom Homes for Rent | $2,226 | $1,450 | $3,500 |
Palermo 4 Bedroom Homes for Rent | $2,300 | $2,100 | $2,500 |
Palermo 5 Bedroom Homes for Rent | $2,347 | $2,000 | $2,695 |
Palermo 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Palermo
Explore Palermo
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 $675. 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, | $675 |
Boulder Creek Apartments | 2 Bed 1 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Colonial Garden Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.60 |
The Place Apartments | 2-bedroom 2-bath | 2BR,2BA | $1.63 |
Lincoln Place | Plan B | 2BR,1BA | $1.63 |
Northpointe Commons | 2 Beds, 1 bath | 2BR,1BA | $1.53 |
Eastgate Terrace Apartments | Two Bedroom One Bath | 2BR,1BA | $1.68 |
Hillcrest Court Apartments | 2x1T | 2BR,1BA | $1.78 |
Lakeside Village | Lakeside Village Plan B | 2BR,1BA | $1.63 |
Boulder Creek Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.29 |
Meadow Wood Condo Apartments | Plan C | 1BR,1BA | $1.76 |
Northgate Terrace | 1 Bed 1 Bath | 1BR,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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.