
Cheap Apartments for Rent in Palermo, ME from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Palermo.


Mountain View Apartments

Princeton Pines

72 Park Dr

Summerhaven Apartments

Riverview - Maine

108 D St

Hathaway Creative Center

102 G St

Cedarwoods Apartments

Stillwater Village Apartments

Orchard Park Apartments

63 Patterson St

13 Center St

122 Benton Ave

1635 Lewiston Rd

26 Iron Mine Hill MHP

23 Ash St

5 Madison St
Palermo, ME Local Guide

How much does it cost to rent an apartment in Palermo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palermo Studio Apartments | $2,042 | $1,174 | $3,200 |
Palermo 1 Bedroom Apartments | $2,088 | $850 | $3,850 |
Palermo 2 Bedroom Apartments | $2,347 | $885 | $5,580 |
Palermo 3 Bedroom Apartments | $3,065 | $1,775 | $4,300 |
Palermo 4 Bedroom Apartments | $1,372 | $640 | $2,836 |
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Palermo, ME Local Guide
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Cheapest Available Palermo Apartments for Rent and Nearby
 The cheapest available apartment rental in Palermo, ME is a 2 Beds unit found at 95-99 Maine Ave priced from $800. Mountain View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Palermo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
95-99 Maine Ave | 2 Bed/1 Bath | 2BR,1BA | $800 |
Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
Mayo Mill | 2BR | 2BR,2BA | $1,122 |
Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $1,225 |
Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Palermo, ME and Nearby
As of September 11, 2025 the best value apartment in the Palermo area is the $1.52 price per square foot Three Bedroom Townhouse Model at Island View Apartments in the in the North Deering neighborhood starting from $2,950. The second greatest value Palermo apartment is the B112 Model at Mayo Mill starting at $1,675 with a $1.34 price per square foot . 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. |
---|---|---|---|
Island View Apartments | Three Bedroom Townhouse | 3BR,2BA | $1.52 |
Mayo Mill | B112 | 2BR,1BA | $1.34 |
The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.68 |
Orchard Trails | 4x2 | 4BR,2BA | $0.63 |
Old County Estates | Townhouse | 2BR,1.5BA | $1.50 |
Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.84 |
95-99 Maine Ave | 4 Bed/ 1 Bath | 4BR,1BA | $1.25 |
23 Clinton Ave | 2 Bedroom | 2BR,1BA | $1.79 |
Cedarwoods Apartments | 2 Bedroom (units 1-8) | 2BR,1BA | $1.77 |
Riverview - Maine | 1 BR / 1 BA | 1BR,1BA | $1.88 |
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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 Yarmouth Pointe Apartment Homes listed at $1,805.
How much is rent for a Cheap One Bedroom Palermo Apartment?
The lowest price for a Cheap One Bedroom Palermo Apartment is $800 at 95-99 Maine Ave.
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 $800 at 95-99 Maine Ave.
What is the most affordable Palermo Three Bedroom Apartment?
The best deal on a cheap Palermo Three Bedroom Apartment rental is at 95-99 Maine Ave and starts from $925.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.