63 Patterson St
AugustaME04330
Cheap Homes for Rent in Palermo, ME from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Palermo.
9 Bayview Dr
WiscassetME04578
13 Center St
WatervilleME04901
122 Benton Ave
WinslowME04901
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
72 Park Dr
CanaanME04924
129 Harrison St
PittsfieldME04967
108 D St
PittsfieldME04967
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
102 G St
PittsfieldME04967
138 F St
PittsfieldME04967
26 Iron Mine Hill MHP
GardinerME04345
5 Madison St
AnsonME04958
Showing Results 1-11, Page 1 of 1
Palermo, ME Local Guide
Berry Farm by Allagash Brewing is licensed under CC BY 2.0
How much does it cost to rent a home in Palermo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palermo 2 Bedroom Homes for Rent | $2,120 | $1,250 | $5,900 |
| Palermo 3 Bedroom Homes for Rent | $2,573 | $1,395 | $6,850 |
| Palermo 4 Bedroom Homes for Rent | $6,925 | $2,500 | $10,000+ |
| Palermo 5 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Top Homes for Rent in Palermo
Explore Palermo
Palermo, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1,350 |
| 23 Clinton Ave | 2 Bedroom | 2BR,1BA | $1,375 |
Best Value Apartments for Rent in Palermo, ME and Nearby
As of August 30, 2025 the best value apartment in the Palermo area is the $1.34 price per square foot B112 Model at Mayo Mill in the starting from $1,675. The second greatest value Palermo apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $699 with a $0.58 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. |
|---|---|---|---|
| Mayo Mill | B112 | 2BR,1BA | $1.34 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.58 |
| 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 |
| Wellington Court | 2 x 1 | 2BR,1BA | $1.95 |
| Kittyhawk Apartments II | 1 Bedroom | 1BR,1BA | $2.10 |
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1.73 |
| 23 Clinton Ave | 2 Bedroom | 2BR,1BA | $1.79 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Palermo area?
If you’re an expert on all things Palermo, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly Lifestyle
Ranked #
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palermo, ME Rentals by Map
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 49 Apartments for Rent in Palermo, ME with pricing that ranges from $640 to $5,580. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palermo ranging from $700 to $20,000.
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 $700 to $20,000 with an average monthly rent of $2,906.
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 $1,000 to $4,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $6,850. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $640.
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.
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.
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.