
Cheap Homes for Rent near Lambert Lake, ME from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lambert Lake.


16 Austin Dr

24 Merrimac St

26 Austin Dr
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.

1337 Hammond St

43 Moonlight Dr

43 Moonlight Dr

267 E Newport Rd
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.
Lambert Lake, ME Local Guide

How much does it cost to rent a home in Lambert Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lambert Lake 2 Bedroom Homes for Rent | $1,688 | $900 | $2,000 |
| Lambert Lake 3 Bedroom Homes for Rent | $1,962 | $1,500 | $2,600 |
| Lambert Lake 4 Bedroom Homes for Rent | $2,500 | $2,300 | $2,800 |
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Lambert Lake, ME Local Guide
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Cheapest Available Lambert Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Lambert Lake, ME is a 1 Bed unit found at Stillwater Village Apartments priced from $1,400. Cedarwoods Apartments in the Downtown Bangor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Lambert Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stillwater Village Apartments | 1x1 650 | 1BR,1BA | $1,400 |
| Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1,400 |
| 95 Park Street | 2 Bedroom | 2BR,1BA | $1,675 |
Best Value Apartments for Rent in Lambert Lake, ME and Nearby
As of July 30, 2026 the best value apartment in the Lambert Lake area is the $0.62 price per square foot 3 Bedroom, 3 Bath Model at The Reserve at Orono in the starting from $749. The second greatest value Lambert Lake apartment is the 4x2 Model at Orchard Trails starting at $689 with a $0.62 price per square foot . Here is today’s list of the best values for Lambert Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.62 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.62 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| Orono Lofts | 2BR/2.0BA | 2BR,2BA | $2.41 |
| Exchange Block | 1BR/1.0BA | 1BR,1BA | $2.17 |
| Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1.75 |
| Stillwater Village Apartments | 1x1 650 | 1BR,1BA | $2.23 |
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 Lambert Lake, ME
Frequently Asked Questions about Lambert Lake
What type of rentals are currently available in Lambert Lake?
There are currently 17 Apartments for Rent in Lambert Lake, ME with pricing that ranges from $689 to $3,000. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lambert Lake ranging from $850 to $2,800.
What is the current price range for Rental Homes in Lambert Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lambert Lake ranges from $850 to $2,800 with an average monthly rent of $1,911.
How much are larger Three and Four Bedroom Rentals in Lambert Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lambert Lake range from $1,800 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $689.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.