Cheap Homes for Rent in Orono, ME from $900 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in Orono.

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

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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.

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Orono, ME Local Guide

Cheapest Available Orono Apartments for Rent

 

The cheapest available apartment rental in Orono, 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 Orono 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 Orono, ME

As of July 12, 2026 the best value apartment in the Orono 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 Orono 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 Orono 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
553 Main St, Unit A553 Main St3BR,1BA$1.63
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

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Orono

What type of rentals are currently available in Orono?

There are currently 49 Apartments for Rent in Orono, ME with pricing that ranges from $689 to $3,000. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orono ranging from $900 to $23,500.

What is the current price range for Rental Homes in Orono?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Orono ranges from $900 to $23,500 with an average monthly rent of $2,252.

How much are larger Three and Four Bedroom Rentals in Orono?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Orono range from $1,600 to $2,400, 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 $2,100 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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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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.