Cheap Apartments for Rent in Palermo, ND from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Palermo.

South Glen Village

South Pointe
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.

Minot Place Apartments

The Chateau

The Commons and Landing at Southgate
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.

The Pines Luxury Security Apartments

Kenwood on 5th Apartments

Cobblestone Apartments

4010 Main St S
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Palermo, ND Local Guide

How much does it cost to rent an apartment in Palermo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palermo Studio Apartments | $867 | $400 | $1,003 |
Palermo 1 Bedroom Apartments | $1,064 | $550 | $1,876 |
Palermo 2 Bedroom Apartments | $1,154 | $532 | $2,042 |
Palermo 3 Bedroom Apartments | $1,503 | $613 | $2,156 |
Palermo 4 Bedroom Apartments | $2,261 | $2,243 | $2,280 |
Browse Top Apartments in Palermo
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Palermo, ND Local Guide
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Cheapest Available Palermo Apartments for Rent and Nearby
 The cheapest available apartment rental in Palermo, ND is a Studio unit found at The Parker in the Downtown Minot neighborhood priced from $400. Summit Park in the Downtown Minot neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $765. Here is today’s list of the most affordable Palermo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Parker | Studio, 1 bath | Studio,1BA | $400 |
Summit Park | 2 Bed / 1 Bath 650 sq ft | 2BR,1BA | $765 |
Westridge Apartments | 2 Bed / 1 Bath | 2BR,1BA | $805 |
Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $925 |
Best Value Apartments for Rent in Palermo, ND and Nearby
As of June 24, 2025 the best value apartment in the Palermo area is the $1.20 price per square foot 3 Bed / 2 Bath Model at The Wyatt at Northern Lights in the in the Eastwood Park neighborhood starting from $1,595. The second greatest value Palermo apartment is the 2 Bed 2 Bath | 1050sf Model at Meadow Ridge Apartments starting at $1,125 with a $1.07 price per square foot in the Riverwalk neighborhood. 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 Wyatt at Northern Lights | 3 Bed / 2 Bath | 3BR,2BA | $1.20 |
Meadow Ridge Apartments | 2 Bed 2 Bath | 1050sf | 2BR,2BA | $1.07 |
The Pines Luxury Security Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.00 |
South Pointe | Willow | 2BR,2BA | $1.00 |
Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $0.91 |
Beaver Ridge | 2 Bed / 2 Bath | 2BR,2BA | $1.30 |
Westridge Apartments | 2 Bed / 1 Bath | 2BR,1BA | $0.95 |
Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
Summit Park | 2 Bed / 1 Bath 650 sq ft | 2BR,1BA | $1.18 |
The Parker | Studio, 1 bath | Studio ,1BA | $1.11 |
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Getting Around Palermo, ND
Walk Score®
4 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
26 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Palermo Apartments
How much is rent for a Cheap One Bedroom Palermo Apartment?
The lowest price for a Cheap One Bedroom Palermo Apartment is $900 at Timber Cove 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 $765 at Summit Park.
What is the most affordable Palermo Three Bedroom Apartment?
The best deal on a cheap Palermo Three Bedroom Apartment rental is at The Pines Luxury Security Apartments and starts from $1,250.
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.