
Cheap Homes for Rent in Old Town, ME from $900 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Old Town.


200 Center St, Unit 4

62 Main St

12 Charles St

255 Main St, Unit A1

200 Center St, Unit 3

232 Center St, Unit 3
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.

225 Center St, Unit 1

225 Center St, Unit 2

51 Glenwood Dr

37 Pheasant Hill Trailer Park

2 Pine St, Unit B

1343 Ohio St

101 Front St, Unit 1
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.

101 Front St, Unit 3

799 Stillwater Ave

51 Bosworth St, Unit 4

82 Fourth St, Unit B

1337 Hammond St

445 Main St, Unit B

174 Brunswick St, Unit 2
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.
Old Town, ME Local Guide

How much does it cost to rent a home in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town 2 Bedroom Homes for Rent | $1,766 | $900 | $2,750 |
| Old Town 3 Bedroom Homes for Rent | $1,999 | $1,495 | $3,000 |
| Old Town 4 Bedroom Homes for Rent | $2,246 | $1,000 | $3,100 |
| Old Town 5 Bedroom Homes for Rent | $2,975 | $2,800 | $3,150 |
Browse Top Homes for Rent 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 08, 2026 the best value apartment in the Old Town area is the $1.15 price per square foot Renovated with Private Patio Model at The Block in the starting from $1,730. 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 with Private Patio | 2BR,1BA | $1.15 |
| Mayo Mill | B111 | 2BR,1BA | $1.34 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.64 |
| Alfond Village | 2 Bedroom | 2BR,1.5BA | $1.44 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.62 |
| 72 Gilman Falls Ave, Unit 2 | 72 Gilman Falls Ave | 2BR,1BA | $1.64 |
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1.35 |
| 95 Park Street Apartments | Two Bedroom | 2BR,1BA | $1.94 |
| Cedarwoods Apartments | 2 Bedroom (units 89-112) | 2BR,1BA | $1.75 |
| 553 Main St | 553 Main St | 2BR,1BA | $1.73 |
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Old Town, ME Rentals by Map
See the most popular apartments and homes in Old Town, ME
Frequently Asked Questions about Old Town
What type of rentals are currently available in Old Town?
There are currently 47 Apartments for Rent in Old Town, ME with pricing that ranges from $689 to $2,750. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town ranging from $900 to $3,150.
What is the current price range for Rental Homes in Old Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town ranges from $900 to $3,150 with an average monthly rent of $2,057.
How much are larger Three and Four Bedroom Rentals in Old Town?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Town range from $875 to $2,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,000 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

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.