Cheap Apartments for Rent in Penobscot County, ME from $700 (46 Rentals)

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

property at 254 Notch Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

254 Notch Rd

CorinthME04427
property at 342 Main St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Aug 19

342 Main St, Unit 342 Main St. Rental

342 Main St
OronoME04473
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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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

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Showing Results 1-46, Page 1 of 1

Cheapest Available Penobscot County Apartments for Rent

 

The cheapest available apartment rental in Penobscot County, ME is a 2 Beds unit found at Cedarwoods Apartments in the Downtown Bangor neighborhood priced from $1,375. Stillwater Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Penobscot County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1,375
Stillwater Village Apartments1x1 6501BR,1BA$1,400
Triangle Apartments12BR,1BA$1,500

Best Value Apartments for Rent in Penobscot County, ME

As of August 08, 2026 the best value apartment in the Penobscot County area is the $0.61 price per square foot 16 Grove St Model at 16 Grove St, Unit Nearby Bangor Hospitals in the in the Downtown Bangor neighborhood starting from $1,100. The second greatest value Penobscot County apartment is the 117 Park St Model at 117 Park St, Unit Unit B starting at $1,900 with a $1.46 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.
16 Grove St, Unit Nearby Bangor Hospitals16 Grove St1BR,1BA$0.61
117 Park St, Unit Unit B117 Park St3BR,1BA$1.46
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.62
Pinewood ApartmentsPinewood Apartments2BR,1.5BA$1.41
Old County EstatesApartment2BR,1.5BA$1.54
622 Main St, Unit 2622 Main St3BR,1BA$1.70
186 Center St, Unit 4186 Center St2BR,1BA$1.40
Triangle Apartments12BR,1BA$1.67
413 Hammond St, Unit 5413 Hammond St2BR,1BA$1.72
184 Essex St, Unit 4184 Essex St1BR,1BA$1.64

Frequently Asked Questions about Cheap Penobscot County Apartments

What is a cheap apartment in Penobscot County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penobscot County is under $1,500.

What is the price of a cheap apartment in Penobscot County?

The cheapest apartment in Penobscot County is Stillwater Village Apartments which is listed at $1,400, while the average apartment in Penobscot County costs $1,550.

What types of apartments are the cheapest in Penobscot County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Penobscot County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penobscot County?

Cheap apartments in Penobscot County have an average cost of $253 which is $1,297 cheaper than the average rent for all rentals in Penobscot County.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

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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.