
Cheap Homes for Rent in Palermo, ME from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Palermo.


122 Benton Ave

30 Sewall St

41 Hatch St
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.

3 Hinckley Rd

197 Winthrop Center Rd

181 Windsor Rd

168 A St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Palermo, ME Local Guide

How much does it cost to rent a home in Palermo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palermo 2 Bedroom Homes for Rent | $2,096 | $1,100 | $5,900 |
Palermo 3 Bedroom Homes for Rent | $2,590 | $1,395 | $6,850 |
Palermo 4 Bedroom Homes for Rent | $8,700 | $2,500 | $10,000+ |
Palermo 5 Bedroom Homes for Rent | $2,600 | $2,000 | $3,200 |
Palermo 7 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Top Homes for Rent in Palermo
Explore Palermo
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 $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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mountain View Apartments | 1x1 | 1BR,1BA | $750 |
95-99 Maine Ave | 2 Bed/1 Bath | 2BR,1BA | $800 |
Mayo Mill | 2BR | 2BR,2BA | $1,122 |
Best Value Apartments for Rent in Palermo, ME and Nearby
As of July 12, 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 $799 with a $0.67 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 | $0.67 |
Orchard Trails | 4x2 | 4BR,2BA | $0.57 |
Old County Estates | Townhouse | 2BR,1.5BA | $1.50 |
Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.84 |
The Ridges | Furnished 1 BR, 1 BA, Large Office/Den | 1BR,1BA | $2.20 |
Cedarwoods Apartments | 2 Bedroom (units 89-112) | 2BR,1BA | $1.75 |
Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $2.13 |
Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
95-99 Maine Ave | 1 Bed/ 1 Bath | 1BR,1BA | $1.14 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Palermo
What type of rentals are currently available in Palermo?
There are currently 48 Apartments for Rent in Palermo, ME with pricing that ranges from $640 to $5,580. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palermo ranging from $800 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 $800 to $20,000 with an average monthly rent of $3,276.
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 $925 to $3,800, 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.

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.

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.

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.

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.