Cheap Apartments for Rent in Palermo, ND from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Palermo.

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 116 5th St NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

116 5th St NW

TiogaND58852
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Tioga Square
1 to 3 Bedroom Apartments

Tioga Square

Elm St NETioga, ND 58852
Corporate Housing
  • Utilities Included
property at 4010 Main St S

$795 - $1,050

2 To 3 Bedroom Rentals

Available Now

4010 Main St S

MinotND58701
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Maverick
Studio to 3 Bedroom Apartments

Maverick

2330 SW 37th AveMinot, ND 58701
Corporate Housing

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.

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Showing Results 1-38, Page 1 of 1

Palermo, ND Local Guide

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 $500. Summit Park in the Downtown Minot neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $555. Here is today’s list of the most affordable Palermo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The ParkerStudio, 1 bathStudio,1BA$500
Summit ParkEfficiency 240 sq ftStudio,1BA$555
Park Place North2 Bedroom2BR,1BA$750
Tioga SquareF1BR,1BA$761
Westridge Apartments2 Bed / 1 Bath2BR,1BA$805
Stanley SquareA1BR,1BA$878
Tioga ApartmentsA1BR,1BA$894
Timber Cove Apartments1 Bedroom 1 Bathroom1BR,1BA$900
Olson Apartments2 Bed /2 Bath2BR,2BA$925
Dakota Point Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$975

Best Value Apartments for Rent in Palermo, ND and Nearby

As of June 13, 2026 the best value apartment in the Palermo area is the $1.08 price per square foot 3 Bedroom Duplex Model at Stanley Town Homes in the starting from $2,060. The second greatest value Palermo apartment is the 2 Bed 1 Bath Model at Tioga Townhomes starting at $1,154 with a $1.04 price per square foot . Here is today’s list of the best values for Palermo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stanley Town Homes3 Bedroom Duplex3BR,2.5BA$1.08
Tioga Townhomes2 Bed 1 Bath2BR,1.5BA$1.04
Dakota Point Apartments2 Bedrooms, 2 Bathrooms Furnished2BR,2BA$1.07
Northern Plains Apartments2 Bed / 2 Bath 1050 sq ft 2nd/3rd Floor2BR,2BA$1.12
Olson Apartments2 Bed /2 Bath2BR,2BA$0.91
Westridge Apartments2 Bed / 1 Bath Remodeled2BR,1BA$1.03
Tioga ApartmentsA1BR,1BA$1.15
Timber Cove Apartments1 Bedroom 1 Bathroom1BR,1BA$1.17
Tioga SquareF1BR,1BA$1.02
Stanley SquareA1BR,1BA$1.17

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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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $761 at Tioga Square.

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 $750 at Park Place North.

What is the most affordable Palermo Three Bedroom Apartment?

The best deal on a cheap Palermo Three Bedroom Apartment rental is at Park Place North and starts from $850.

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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.