Homes for Rent near Palermo, ME

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Viewing 1-20 of 66 rentals near Palermo
What to Know About

Life in Palermo & Beyond

Palermo shares many of the great qualities that make Maine a desirable place to live.

Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.

Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.

Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.

Rental Market Trends

Waldo County, ME

As of August 2025, Waldo County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Waldo County's average rent is 38.1% ($730) higher than the Maine average of $1,918 and 47.9% ($858) higher than the U.S. average of $1,790.

Average Rent
$2,648
Monthly ChangeMonth Over Month Change
Increased86.9% ($1231)
Yearly ChangeYear Over Year Change
Increased86.9% ($1231)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,267 Increased100.8% ($1138) Increased100.8% ($1138)
2 Beds $2,856 Increased117.7% ($1544) Increased117.7% ($1544)
3 Beds $3,208 Increased108.3% ($1668) Increased108.3% ($1668)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Waldo County Rental Market FAQs

Explore rental prices, market trends, and availability in Waldo County, ME.

The average rent in Waldo County, ME is $2,648 per month.
Homes in Waldo County typically rent for between $1,587 and $4,170 per month, with an average of $2,648 per month.
In Waldo County, the average rent for a 1-bedroom home is $2,267 per month, for a 2-bedroom home, $2,856 per month, and a 3-bedroom home is $3,208 per month.
The average rent in Waldo County is 47.9% ($858) higher than the national average of $1,790 per month.
The average rent in Waldo County has increased by 86.9% ($1,231) in the last month and increased by 86.9% ($1,231) over the past year.
The rental market in Waldo County, ME, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Waldo County, ME, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4 rental properties available in Waldo County, ME.
Based on the current averages, a household would need an annual income of $114,240 to comfortably afford a 2-bedroom home in Waldo County.
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