9 Bayview Dr
WiscassetME04578
Cheap Apartments for Rent near Palermo, ME from $759 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Palermo.
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$920 - $1,1101 to 2 Bedroom Apartments Available Soon
Mountain View Apartments
50 Mountain AveFairfield, ME 04937
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$1,000 - $1,0502 Bedroom Apartments Available Soon
Bradford Commons
201 Husson AveBangor, ME 04401
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$1,050 - $1,225Studio to 2 Bedroom Apartments Available Now
Appleton Apartments
13 Hathaway StWaterville, ME 04901
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$1,100 - $1,2462 to 3 Bedroom Apartments Available Soon
Glenridge Gardens
82 Glenridge DrAugusta, ME 04330
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$1,100 - $1,9002 to 4 Bedroom Apartments Available Now
138 Bartlett St
138 Bartlett StLewiston, ME 04240
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$1,174 - $2,980Studio to 3 Bedroom Apartments Available Soon
Princeton Pines
1375 Forest AvePortland, ME 04103
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.
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$1,300 - $1,5001 to 3 Bedroom Apartments Available Now
Lombard Estate
65 Elm StWaterville, ME 04901
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$1,326 - $1,9901 to 2 Bedroom Apartments Available Dec 12
Princeton on Back Cove
100 Forest ParkPortland, ME 04101
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$1,350 - $1,6001 to 2 Bedroom Apartments Available Now
Orchard Park Apartments
21 Crestwood DrWaterville, ME 04901
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$1,350 - $1,4251 to 2 Bedroom Apartments Available Now
Cedarwoods Apartments
818-830 Ohio StBangor, ME 04401
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$1,385 - $1,4051 Bedroom Apartments Available Feb 1, 2027
Hathaway Creative Center
10 Water StWaterville, ME 04901
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$1,400 - $1,8001 to 3 Bedroom Apartments Available Now
Stillwater Village Apartments
13 Centre DrOrono, ME 04473
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1 to 4 Bedroom Apartments
95-99 Maine Ave
95-99 Maine AveRumford, ME 04276
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.
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1 Bedroom Apartments
Edgewater Village
126 Willow Springs DrFarmington, ME 04938
1604 Hill Rd
CanaanME04924
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Studio to 3 Bedroom Apartments
347 Ridge Road
347 Ridge RoadFairfield, ME 04937
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1 to 3 Bedroom Apartments
6-8 Union St
6-8 Union StWaterville, ME 04901
42 Summer St
WatervilleME04901
46 Gage St
AugustaME04330
110 Silver St
WatervilleME04901
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
1 Jefferson St
AugustaME04330
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1 to 2 Bedroom Apartments
Riverview - Maine
16 Penobscot StAugusta, ME 04330
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1 to 3 Bedroom Apartments
23 Clinton Ave
23 Clinton AveWinslow, ME 04901
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2 to 4 Bedroom Apartments
102 Knox St
102 Knox StLewiston, ME 04240
31 Joey Ln
AugustaME04330
11 Gray St
WatervilleME04901
8 Toward St
WatervilleME04901
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
164 Silver St
WatervilleME04901
46 Oak St
OaklandME04963
Showing Results 1-30, Page 1 of 1
Palermo, ME Local Guide
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How much does it cost to rent an apartment in Palermo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palermo Studio Apartments | $1,964 | $1,050 | $2,904 |
| Palermo 1 Bedroom Apartments | $1,997 | $920 | $3,126 |
| Palermo 2 Bedroom Apartments | $2,152 | $1,000 | $4,730 |
| Palermo 3 Bedroom Apartments | $2,726 | $1,246 | $4,250 |
| Palermo 4 Bedroom Apartments | $1,329 | $759 | $1,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Palermo
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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 Studio unit found at Appleton Apartments priced from $1,050. 138 Bartlett St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Palermo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Appleton Apartments | Studio | Studio, 1BA | $1,050 |
| 138 Bartlett St | 2 bed 1 bath | 2BR, 1BA | $1,100 |
| 23 Clinton Ave | 1 Bedroom | 1BR, 1BA | $1,250 |
| Riverview - Maine | 1 Bedroom | 1BR, 1BA | $1,250 |
| Lombard Estate | 1 Bedroom | 1BR, 1BA | $1,300 |
| Cedarwoods Apartments | 2 Bedroom (units 1-8) | 2BR, 1BA | $1,350 |
| Orchard Park Apartments | 1 Bedroom | 1BR, 1BA | $1,350 |
| Stillwater Village Apartments | 1x1 650 | 1BR, 1BA | $1,400 |
| Mount Auburn Apartments | One Bedroom-AA | 1BR, 1BA | $1,428 |
| Mayo Mill | 1BR | 1BR, 1BA | $1,435 |
Best Value Apartments for Rent in Palermo, ME and Nearby
As of September 18, 2026 the best value apartment in the Palermo area is the $1.50 price per square foot Pinewood Apartments Model at Pinewood Apartments in the Downtown Bangor neighborhood starting from $1,800. The second greatest value Palermo apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $749 with a $0.62 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. |
|---|---|---|---|
| Pinewood Apartments | Pinewood Apartments | 2BR, 1.5BA | $1.50 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR, 3BA | $0.62 |
| The Flats @ 554 | Flats 2 Bedrooms | 2BR, 1BA | $1.83 |
| Orchard Trails | 4x2 | 4BR, 2BA | $0.68 |
| Old County Estates | Apartment | 2BR, 1.5BA | $1.64 |
| Stable Ridge Apartments | 2 Bedroom | 2BR, 1BA | $1.91 |
| Triangle Apartments | 1 | 2BR, 1BA | $1.67 |
| Mayo Mill | 1BR | 1BR, 1BA | $1.83 |
| Lombard Estate | 1 Bedroom | 1BR, 1BA | $1.73 |
| Cedarwoods Apartments | 2 Bedroom (units 1-8) | 2BR, 1BA | $1.80 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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See the most popular apartments and homes in Palermo, ME
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 Appleton Apartments listed at $1,050.
How much is rent for a Cheap One Bedroom Palermo Apartment?
The lowest price for a Cheap One Bedroom Palermo Apartment is $1,100 at Appleton 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 $1,100 at 138 Bartlett St.
What is the most affordable Palermo Three Bedroom Apartment?
The best deal on a cheap Palermo Three Bedroom Apartment rental is at Stillwater Village Apartments and starts from $1,800.
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.