Cheap Homes for Rent in Penobscot County, ME from $800 (40 Rentals)

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Search the lowest-cost Homes 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

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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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

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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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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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 1-40, 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 05, 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 46 Dillingham St Model at 46 Dillingham St, Unit 46 Dillingham starting at $2,300 with a $1.64 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.
16 Grove St, Unit Nearby Bangor Hospitals16 Grove St1BR,1BA$0.61
46 Dillingham St, Unit 46 Dillingham46 Dillingham St3BR,1BA$1.64
117 Park St, Unit B117 Park St3BR,1BA$1.46
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.62
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
413 Hammond St, Unit 5413 Hammond St2BR,1BA$1.72
313 River Rd313 River Rd2BR,1BA$1.78
Triangle Apartments12BR,1BA$1.67

Frequently Asked Questions about Penobscot County

What type of rentals are currently available in Penobscot County?

There are currently 187 Apartments for Rent in Penobscot County, ME with pricing that ranges from $759 to $3,000. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penobscot County ranging from $800 to $34,500.

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 $800 to $34,500 with an average monthly rent of $2,571.

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 $1,550 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $759.

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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

Written by: Robin Stewart

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.