Cheap Apartments for Rent in Palermo, ME from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Palermo.

Mountain View Apartments

Bradford Commons

Princeton Pines

Orchard Park Apartments

Stillwater Village Apartments

Cedarwoods Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

9 Bayview Dr

853 Main Rd

7 Island Ave

1337 Hammond St

13 Iron Mine Hill MHP

110 Silver St
Palermo, ME Local Guide

How much does it cost to rent an apartment in Palermo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palermo Studio Apartments | $2,075 | $1,174 | $3,430 |
Palermo 1 Bedroom Apartments | $2,340 | $750 | $6,063 |
Palermo 2 Bedroom Apartments | $2,914 | $300 | $10,000+ |
Palermo 3 Bedroom Apartments | $2,039 | $1,000 | $4,400 |
Palermo 4 Bedroom Apartments | $1,984 | $1,500 | $2,836 |
Browse Top Apartments in Palermo
See all Apartments in PalermoExplore 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. Orchard Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. 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 |
Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,275 |
Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1,350 |
Hathaway Creative Center | Thibedeau | Studio,1BA | $1,705 |
Yarmouth Pointe Apartment Homes | Studio | Studio,1BA | $1,800 |
Best Value Apartments for Rent in Palermo, ME and Nearby
As of April 26, 2025 the best value apartment in the Palermo area is the $1.76 price per square foot The Dayton Model at Foreside Estates in the in the North Deering neighborhood starting from $2,600. The second greatest value Palermo apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $859 with a $0.72 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. |
---|---|---|---|
Foreside Estates | The Dayton | 2BR,2BA | $1.76 |
The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.72 |
The Ridges | Furnished 1 BR, 1 BA, Large Office/Den | 1BR,1BA | $2.20 |
785 Cain Hl, Unit 785 C | 785 Cain Hl | 2BR,1BA | $0.96 |
Kittyhawk Apartments II | 1 Bedroom | 1BR,1BA | $2.43 |
Cedarwoods Apartments | 2 Bedroom (units 89-112) | 2BR,1BA | $1.72 |
Yarmouth Green Apartment Homes | 1 Bedroom 1 Bathroom B | 1BR,1BA | $2.45 |
95-99 Maine Ave | 2 Bed/1 Bath | 2BR,1BA | $1.07 |
Haven West | HW-A1 | 2BR,1BA | $2.42 |
Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.82 |
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.
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
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 Cheap Palermo Apartments
What is the Cheapest Studio apartment in Palermo?
Currently the most affordable Cheap Studio Apartment in Palermo is at Hathaway Creative Center listed at $1,705.
How much is rent for a Cheap One Bedroom Palermo Apartment?
The lowest price for a Cheap One Bedroom Palermo Apartment is $1,275 at Orchard Park 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 $800 at 95-99 Maine Ave.
What is the most affordable Palermo Three Bedroom Apartment?
The best deal on a cheap Palermo Three Bedroom Apartment rental is at 95-99 Maine Ave and starts from $1,000.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.