Cheap Apartments for Rent in Old Town, ME from $600 (32 Rentals)

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

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.

property at 24 Merrimac St

$985

Total Monthly Price

Total Monthly Price

Base Rent
$985

Total Monthly Price
$985

1 Bedroom, 3 Bath Home for Rent

Available Now

24 Merrimac St

BangorME04401

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.

property at 9 Dexter Rd

$1,100

2 Bedroom Rentals

Available Now

9 Dexter Rd

CorinnaME04928

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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25 Austin Dr
2 Bedroom Apartments

25 Austin Dr

25 Austin DrOrono, ME 04473
  • Smoke Free
property at 113 Albion Rd

$1,350 - $2,050

1 To 2 Bedroom Rentals

Available Now

113 Albion Rd

South ChinaME04358

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Old Town, ME Local Guide

Cheapest Available Old Town Apartments for Rent

 

The cheapest available apartment rental in Old Town, 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 Old Town apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stillwater Village Apartments1x1 6501BR,1BA$1,400
Cedarwoods Apartments2 Bedroom (units 65-88)2BR,1BA$1,400
95 Park Street ApartmentsTwo Bedroom2BR,1BA$1,675
Old County EstatesApartment2BR,1BA$1,695
Orono Lofts1BR/1.0BA1BR,1BA$1,850

Best Value Apartments for Rent in Old Town, ME

As of July 12, 2026 the best value apartment in the Old Town area is the $1.50 price per square foot 406 4th St Model at 406 4th St, Unit 406B in the starting from $2,100. The second greatest value Old Town apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $749 with a $0.62 price per square foot . Here is today’s list of the best values for Old Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
406 4th St, Unit 406B406 4th St3BR,2BA$1.50
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.62
75 Market St, Unit 75 market street75 Market St4BR,1BA$2.08
138 Church Rd, Unit 1138 Church Rd3BR,1BA$2.09
Orchard Trails4x24BR,2BA$0.62
Old County EstatesApartment2BR,1.5BA$1.54
622 Main St, Unit 2622 Main St3BR,1BA$1.70
95 Park Street ApartmentsTwo Bedroom2BR,1BA$1.97
Cedarwoods Apartments2 Bedroom (units 65-88)2BR,1BA$1.75
902 Stillwater Ave, Unit 902A902 Stillwater Ave2BR,1BA$1.56

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.

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Real 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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Quick Rent Budget Calculator

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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.

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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 $1,400 at Stillwater Village Apartments.

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 $1,400 at Cedarwoods Apartments.

What is the most affordable Old Town Three Bedroom Apartment?

The best deal on a cheap Old Town Three Bedroom Apartment rental is at Stillwater Village Apartments and starts from $1,800.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.