Last updated on August 3, 2026

Average rent in
Palermo, ME

Median rent

Median rent in Palermo

$1,300/mo

The average rent in Palermo is $1,300 per month as of August 2026. This is 33% below the national average rent, or $640 less per month.

$1.91

average price per square foot

Total rentals

Available rentals in Palermo

21

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Palermo rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Palermo, ME

At this time, we don't have enough information to generate yearly trends for all bedroom counts and property types in Palermo. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Palermo, ME

Rent prices in Palermo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palermo is $1,325, whereas a house costs $2,350. 1-bedroom apartments in Palermo run $1,200 on average, while 2-bedroom apartments are $1,450.

Listings

Studio

$1,100

-

-

1 bedroom

$1,250

-

-

2 bedroom

$1,500

-

-

3 bedroom

$1,600

-

-

4 bedroom

$1,850

-

-

Studio

Average rent

$1,100

1 bedroom

Average rent

$1,250

2 bedroom

Average rent

$1,500

3 bedroom

Average rent

$1,600

4 bedroom

Average rent

$1,850

The table above reflects average rent prices in Palermo, ME, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Palermo, ME compare to other cities?

Compare median rent prices in Palermo and Belfast by all bedroom counts and property types.

Palermo

Median rent price$1,300
decreased by33%

lower than the national median

Median rent price$1,700
decreased by12%

lower than the national median

Takeaway

The median rent for all rentals in Palermo, ME is 24% lower than the median rent in Belfast, ME.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Palermo, ME

Quick answers to common questions about the Palermo rental market.

How much is rent in Palermo?

The average rent in Palermo is $1,300 per month as of August 1, 2026.

How does Palermo rent compare to the national average?

Rent in Palermo is 33% below the national average, which means renters are paying approximately $640 less per month.

What salary do I need to afford rent in Palermo?

To comfortably afford rent in Palermo, you'd need to earn approximately $52,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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