Cheap Apartments for Rent in Palermo, ME from $600 (23 Rentals)

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347 Ridge Road
Studio to 2 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
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Palermo, ME Local Guide

Cheapest Available Palermo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palermo, ME is a 1 Bed unit found at Mountain View Apartments priced from $750. 95-99 Maine Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Palermo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain View Apartments1x11BR,1BA$750
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
Mayo Mill2BR2BR,2BA$1,122
Orchard Park Apartments1 Bedroom1BR,1BA$1,325
Cedarwoods Apartments2 Bedroom (units 65-88)2BR,1BA$1,375

Best Value Apartments for Rent in Palermo, ME and Nearby

As of July 26, 2025 the best value apartment in the Palermo area is the $1.83 price per square foot Five Level Model at Yarmouth Pointe Apartment Homes in the starting from $2,515. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Yarmouth Pointe Apartment HomesFive Level2BR,1.5BA$1.83
Mayo MillB1122BR,1BA$1.34
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.67
Orchard Trails4x24BR,2BA$0.57
Old County EstatesTownhouse2BR,1.5BA$1.50
Stable Ridge Apartments2 Bedroom2BR,1BA$1.84
Atlantic Townhouse Apartments2 Bedroom2BR,1BA$1.96
Cedarwoods Apartments2 Bedroom (units 89-112)2BR,1BA$1.75
95-99 Maine Ave1 Bed/ 1 Bath1BR,1BA$1.14
Orchard Park Apartments1 Bedroom1BR,1BA$1.89

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Pet Friendly Lifestyle

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Among cities in Maine for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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

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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 The Residences at Crosstree listed at $2,110.

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

The lowest price for a Cheap One Bedroom Palermo Apartment is $750 at Mountain View Apartments.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.

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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.