Cheap Apartments for Rent in Penobscot County, ME from $600 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Penobscot County.

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.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 205 Main St

$1,200 - $3,400

1 To 5 Bedroom Rentals

Available Jun 1

205 Main St

OronoME04473

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Washburn Place
2 Bedroom Apartments

Washburn Place

150 Husson AveBangor, ME 04401
  • Utilities Included
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The Terraces
1 to 2 Bedroom Apartments

The Terraces

200 Hancock StBangor, ME 04401
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Cheapest Available Penobscot County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
25 Austin Dr50 Ft2BR,1BA$995

Best Value Apartments for Rent in Penobscot County, ME

As of February 07, 2026 the best value apartment in the Penobscot County area is the $1.10 price per square foot 39 Ohio St Model at 39 Ohio St, Unit Fully furnished 2 bedroom in the in the Downtown Bangor neighborhood starting from $2,200. The second greatest value Penobscot County apartment is the 42 Applehead Way Model at 42 Applehead Way, Unit Appleheadwy starting at $1,650 with a $1.15 price per square foot . Here is today’s list of the best values for Penobscot County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
39 Ohio St, Unit Fully furnished 2 bedroom39 Ohio St2BR,1BA$1.10
42 Applehead Way, Unit Appleheadwy42 Applehead Way2BR,1.5BA$1.15
87 Cumberland St, Unit APT 187 Cumberland St3BR,1BA$1.51
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.64
Pinewood ApartmentsPinewood Apartments2BR,1.5BA$1.38
96 E Broadway, Unit B96 E Broadway2BR,1BA$1.45
37 Middle St, Unit B37 Middle St3BR,1BA$1.50
372 Old County Rd, Unit #2372 Old County Rd2BR,2BA$1.64
147 Lincoln St, Unit Apt 2147 Lincoln St2BR,1BA$1.26
25 Austin Dr60 Ft2BR,1BA$1.35

Frequently Asked Questions about Cheap Penobscot County Apartments

What is the Cheapest Studio apartment in Penobscot County?

Currently the most affordable Cheap Studio Apartment in Penobscot County is at 33 State listed at $1,650.

How much is rent for a Cheap One Bedroom Penobscot County Apartment?

The lowest price for a Cheap One Bedroom Penobscot County Apartment is $1,700 at 74 Mill St.

What is the lowest price for a Cheap Two Bedroom Penobscot County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penobscot County is starting from $995 at 25 Austin Dr.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.