Cheap Apartments for Rent in Penobscot County, ME from $759 (59 Rentals)

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

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167 Broadway
$1,000 - $1,800

Total Monthly Price

Base Rent$1,000 - $1,800
Total Monthly Price$1,000 - $1,800
Studio to 2 Bedroom Apartment Available Now

167 Broadway

167 BroadwayBangor, ME 04401
Furnished
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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2799 Broadway, Unit 1
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
1 Bedroom Apartment Available Now

2799 Broadway, Unit 1

2799 BroadwayGlenburn, ME 04401
Cost Per Sq.Ft.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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5 McNally Ter, Unit 5
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom Apartment Available Now

5 McNally Ter, Unit 5

5 McNally TerNewport, ME 04953
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property at 33 E Summer St
$1,000 - $1,200
1 Bedroom Rentals
Available Now
Furnished

33 E Summer St

BangorME04401
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51 Shaw St
$1,250 - $1,450

Total Monthly Price

Base Rent$1,250 - $1,450
Total Monthly Price$1,250 - $1,450
1 to 2 Bedroom Apartment Available Now

51 Shaw St

51 Shaw StNewport, ME 04953
Furnished
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 79 2nd St
$1,300 - $1,600
1 To 2 Bedroom Rentals
Available Now
Affordability

79 2nd St

BangorME04401

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.

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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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Showing Results 1-50, Page 1 of 2

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 $1,350. 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 1-8)2BR, 1BA$1,350
Stillwater Village Apartments1x1 6501BR, 1BA$1,400
Triangle Apartments12BR, 1BA$1,500

Best Value Apartments for Rent in Penobscot County, ME

As of September 22, 2026 the best value apartment in the Penobscot County area is the $0.90 price per square foot 39 Ohio St Model at 39 Ohio St, Unit Fully furnished 2 bedroom in the Downtown Bangor neighborhood starting from $1,800. The second greatest value Penobscot County apartment is the C3 Model at Acadia Heights starting at $885 with a $0.63 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$0.90
Acadia HeightsC33BR, 3.5BA$0.63
Pinewood ApartmentsPinewood Apartments2BR, 1.5BA$1.50
45 Mount Hope Ave, Unit 4545 Mount Hope Ave2BR, 1BA$1.54
The Reserve at Orono3 Bedroom, 3 Bath3BR, 3BA$0.62
Orchard Trails4x24BR, 2BA$0.68
148 Fifth St2BR/1.0BA2BR, 1BA$1.45
2799 Broadway, Unit 12799 Broadway1BR, 1BA$1.00
42 Vernon St, Unit 1 BR 1 BA Spacious Rental42 Vernon St1BR, 1BA$1.50
18 Blake St, Unit 18-218 Blake St2BR, 1BA$1.56

Frequently Asked Questions about Cheap Penobscot County Apartments

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 $1,500.

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 2 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 $379 which is $1,121 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

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

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.