Cheap Apartments for Rent in Palermo, ME from $700 (20 Rentals)

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

property at 9 Bayview Dr

9 Bayview Dr

WiscassetME04578
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347 Ridge Road
Studio to 2 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
  • Utilities Included
property at 7 Island Ave

7 Island Ave

SkowheganME04976
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Palermo, ME Local Guide

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. Cedarwoods Apartments in the Downtown Bangor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Palermo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
Cedarwoods Apartments2 Bedroom (units 1-8)2BR,1BA$1,300
The Ridges1 BR, 1BA1BR,1BA$1,375
Haven WestHW-A12BR,1BA$1,697
Stable Ridge Apartments1 Bedroom1BR,1BA$1,700

Best Value Apartments for Rent in Palermo, ME and Nearby

As of April 05, 2025 the best value apartment in the Palermo area is the $2.47 price per square foot The Ellsworth Model at Foreside Estates in the in the North Deering neighborhood starting from $3,000. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Foreside EstatesThe Ellsworth2BR,2.5BA$2.47
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.72
Stable Ridge Apartments2 Bedroom2BR,1BA$1.84
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
Apartments at Brunswick Landing2 Bedroom 1 Bath Brunswick2BR,1BA$2.53
Kittyhawk Apartments II1 Bedroom1BR,1BA$2.43
Brunswick Station Apartments16 Noble Street1BR,1BA$2.25
Haven WestHW-A12BR,1BA$2.26
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$1.07
Cedarwoods Apartments2 Bedroom (units 1-8)2BR,1BA$1.73

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Remember the 3 Rules of Real Estate:
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See the most popular apartments and homes in Palermo, ME

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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 117 Lofts listed at $1,600.

How much is rent for a Cheap One Bedroom Palermo Apartment?

The lowest price for a Cheap One Bedroom Palermo Apartment is $1,375 at The Ridges.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.