Cheap Homes for Rent in Penobscot County, ME from $300 (26 Rentals)

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Search the lowest-cost Homes 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Art of the Rental Viewing: What to look for during a property tour

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 55 Davis St

55 Davis St, Unit 1

55 Davis St
Old TownME04468
Showing Results 1-26, Page 1 of 1

Cheapest Available Penobscot County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
25 Austin Dr50 Ft2BR,1BA$1,245
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1,350

Best Value Apartments for Rent in Penobscot County, ME

As of October 26, 2025 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 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $819 with a $0.68 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
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.68
353 Broadway, Unit Cozy apartment353 Broadway2BR,1BA$1.42
Orchard Trails4x24BR,2BA$0.62
16 Parkview Ave, Unit 216 Parkview Ave2BR,1BA$1.44
Old County EstatesTownhouse2BR,1.5BA$1.50
312 Union St, Unit 1312 Union St2BR,1BA$1.50
96 E Broadway, Unit A96 E Broadway2BR,1BA$1.50
165 Brunswick St, Unit 7165 Brunswick St1BR,1BA$0.85
277 Brunswick St, Unit 6277 Brunswick St2BR,1BA$1.28

Frequently Asked Questions about Penobscot County

What type of rentals are currently available in Penobscot County?

There are currently 175 Apartments for Rent in Penobscot County, ME with pricing that ranges from $689 to $4,000. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penobscot County ranging from $350 to $4,300.

What is the current price range for Rental Homes in Penobscot County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penobscot County ranges from $350 to $4,300 with an average monthly rent of $2,056.

How much are larger Three and Four Bedroom Rentals in Penobscot County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penobscot County range from $1,295 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $689.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.