
Cheap Homes for Rent near Palermo, ND from $775 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Palermo.


532 12th St SE
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.

116 5th St NW

417 11th Ave SE
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.

420 21st St NW
Palermo, ND 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 | $1,213 | $775 | $1,450 |
| Palermo 3 Bedroom Homes for Rent | $1,871 | $1,105 | $3,195 |
| Palermo 4 Bedroom Homes for Rent | $2,197 | $2,100 | $2,295 |
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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 $500. South Glen Village in the Downtown Minot neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $613. 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 | $500 |
| South Glen Village | 3 Bed 2 Bath | 3BR,2BA | $613 |
| Stanley Square | A | 1BR,1BA | $878 |
Best Value Apartments for Rent in Palermo, ND and Nearby
As of August 30, 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 3 Bed 2 Bath | 1365sf Model at Meadow Ridge Apartments starting at $1,400 with a $1.03 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. |
|---|---|---|---|
| Stanley Town Homes | 3 Bedroom Duplex | 3BR,2.5BA | $1.08 |
| Meadow Ridge Apartments | 3 Bed 2 Bath | 1365sf | 3BR,2BA | $1.03 |
| South Glen Village | 3 Bed 2 Bath | 3BR,2BA | $0.55 |
| Tioga Townhomes | 2 Bed 1 Bath | 2BR,1.5BA | $1.04 |
| Dakota Point Apartments | 2 Bedrooms, 2 Bathrooms Furnished | 2BR,2BA | $1.07 |
| South Pointe | Willow | 2BR,2BA | $1.09 |
| Tioga Apartments | C | 2BR,2BA | $1.06 |
| Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $0.91 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
| Stanley Square | A | 1BR,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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Palermo, ND
Frequently Asked Questions about Palermo
What type of rentals are currently available in Palermo?
There are currently 42 Apartments for Rent in Palermo, ND with pricing that ranges from $500 to $2,345. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palermo ranging from $775 to $3,195.
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 $775 to $3,195 with an average monthly rent of $1,614.
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 $613 to $2,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,105 to $3,195. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,060.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.