
Cheap Apartments for Rent in Old Town, ME from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Old Town.


Total Monthly Price
165 Brunswick St, Unit 7

3 Bodwell St

66 Second St

24 Merrimac St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Bradford Commons

12 Charles St

25 Austin Dr

13 Clinton St

64 Gardner Rd, Unit A
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

64 Second St, Unit #1
Old Town, ME Local Guide

How much does it cost to rent an apartment in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Studio Apartments | $1,650 | $1,650 | $1,650 |
| Old Town 1 Bedroom Apartments | $1,604 | $900 | $2,550 |
| Old Town 2 Bedroom Apartments | $1,764 | $985 | $2,750 |
| Old Town 3 Bedroom Apartments | $1,645 | $875 | $2,650 |
| Old Town 4 Bedroom Apartments | $959 | $689 | $1,500 |
Browse Top Apartments in Old Town
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Old Town, ME Local Guide
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Cheapest Available Old Town Apartments for Rent
 The cheapest available apartment rental in Old Town, ME is a 2 Beds unit found at 25 Austin Dr priced from $1,145. Cedarwoods Apartments in the Downtown Bangor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,350. Here is today’s list of the most affordable Old Town apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1,145 |
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1,350 |
| 95 Park Street Apartments | Two Bedroom | 2BR,1BA | $1,650 |
| 33 State | Studio | Studio,1BA | $1,650 |
| Mayo Mill | B111 | 2BR,1BA | $1,670 |
Best Value Apartments for Rent in Old Town, ME
As of May 28, 2026 the best value apartment in the Old Town area is the $1.12 price per square foot Renovated Model at The Block in the starting from $1,680. The second greatest value Old Town apartment is the B111 Model at Mayo Mill starting at $1,670 with a $1.34 price per square foot . Here is today’s list of the best values for Old Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | Renovated | 2BR,1BA | $1.12 |
| Mayo Mill | B111 | 2BR,1BA | $1.34 |
| Pinewood Apartments | Pinewood Apartments | 2BR,1.5BA | $1.41 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.61 |
| Alfond Village | 2 Bedroom | 2BR,1.5BA | $1.44 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.62 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| 277 Brunswick St, Unit 8 | 277 Brunswick St | 1BR,1BA | $0.90 |
| 834 State St, Unit 3 | 834 State St | 2BR,1BA | $1.63 |
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1.35 |
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.
Read ArticleQuick 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.
Best Local Schools in Old Town, ME
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Old Town Apartments
How much is rent for a Cheap One Bedroom Old Town Apartment?
The lowest price for a Cheap One Bedroom Old Town Apartment is $1,700 at 74 Mill St.
What is the lowest price for a Cheap Two Bedroom Old Town Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Town is starting from $1,145 at 25 Austin Dr.
What is the most affordable Old Town Three Bedroom Apartment?
The best deal on a cheap Old Town Three Bedroom Apartment rental is at 74 Mill St and starts from $2,650.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.