61 Mercer Rd
NorridgewockME04957
Cheap Homes for Rent near Palermo, ME from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Palermo.
37 Main St
Livermore FallsME04254
60 Spring St
GardinerME04345
1592 Hill Rd
CanaanME04924
400 Friendship Rd
WaldoboroME04572
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.
3 Hinckley Rd
FairfieldME04937
115 Albion Rd
South ChinaME04358
74 Front St
WatervilleME04901
2496 N Belfast Ave
AugustaME04330
508 Water St
GardinerME04345
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.
1337 Hammond St
BangorME04401
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Palermo, ME Local Guide
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How much does it cost to rent a home in Palermo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palermo 2 Bedroom Homes for Rent | $1,609 | $1,150 | $2,050 |
| Palermo 3 Bedroom Homes for Rent | $2,005 | $1,100 | $2,700 |
| Palermo 4 Bedroom Homes for Rent | $2,080 | $1,500 | $2,600 |
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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 1 Bed unit found at Mountain View Apartments priced from $850. Edgewater Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $851. Here is today’s list of the most affordable Palermo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| Edgewater Village | 1x1 | 1BR,1BA | $851 |
| Appleton Apartments | Studio | Studio,1BA | $1,050 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
| Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Palermo, ME and Nearby
As of July 27, 2026 the best value apartment in the Palermo area is the $0.62 price per square foot 3 Bedroom, 3 Bath Model at The Reserve at Orono in the starting from $749. The second greatest value Palermo apartment is the Flats 2 Bedrooms Model at The Flats @ 554 starting at $2,350 with a $1.96 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. |
|---|---|---|---|
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.62 |
| The Flats @ 554 | Flats 2 Bedrooms | 2BR,1BA | $1.96 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.62 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Lombard Estate | 3 Bedroom | 3BR,2BA | $1.75 |
| Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1.75 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.93 |
| Mount Auburn Apartments | One Bedroom-AAN | 1BR,1BA | $2.08 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1.92 |
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 Article
Real 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 Palermo
What type of rentals are currently available in Palermo?
There are currently 71 Apartments for Rent in Palermo, ME with pricing that ranges from $689 to $4,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palermo ranging from $650 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 $650 to $2,700 with an average monthly rent of $1,565.
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 $1,750 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $689.
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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.