Cheap Apartments for Rent in Penobscot County, ME from $600 (36 Rentals)

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

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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167 Broadway
$1,200 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,500

Total Monthly Price
$1,200 - $1,500
Studio to 1 Bedroom Apartment Available Now

167 Broadway

167 BroadwayBangor, ME 04401
Furnished
  • Smoke Free
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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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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cheapest Available Penobscot County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
25 Austin Dr60 Ft2BR,1BA$1,145
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1,350

Best Value Apartments for Rent in Penobscot County, ME

As of May 09, 2026 the best value apartment in the Penobscot County 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 Penobscot County apartment is the 46 Dillingham St Model at 46 Dillingham St, Unit 46 Dillingham starting at $2,200 with a $1.57 price per square foot in the Downtown Bangor neighborhood. 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.
The BlockRenovated with Private Patio2BR,1BA$1.15
46 Dillingham St, Unit 46 Dillingham46 Dillingham St3BR,1BA$1.57
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.64
Alfond Village2 Bedroom2BR,1.5BA$1.44
Orchard Trails4x24BR,2BA$0.62
72 Gilman Falls Ave, Unit 272 Gilman Falls Ave2BR,1BA$1.64
824 State St, Unit 6824 State St2BR,1BA$1.60
834 State St, Unit 3834 State St2BR,1BA$1.63
167 Wilson St, Unit 167 Wilson St Brewer ME167 Wilson St1BR,1BA$1.50
25 Austin Dr60 Ft2BR,1BA$1.35

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 $1,350.

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

The cheapest apartment in Penobscot County is 74 Mill St which is listed at $1,700, while the average apartment in Penobscot County costs $2,065.

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 $414 which is $1,651 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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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.