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

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property at 24 Wenbelle Dr

24 Wenbelle Dr

BucksportME04416
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347 Ridge Road
Studio to 3 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
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Penobscot, ME Local Guide

Cheapest Available Penobscot Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penobscot, ME is a 1 Bed unit found at Mountain View Apartments priced from $850. Mayo Mill has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,122. Here is today’s list of the most affordable Penobscot apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain View Apartments1x11BR,1BA$850
Mayo Mill2BR2BR,2BA$1,122
Summerhaven Apartments1 Bedroom1BR,1BA$1,225
Riverview - Maine1 BR / 1 BA1BR,1BA$1,225
Orchard Park Apartments1 Bedroom1BR,1BA$1,325
Cedarwoods Apartments2 Bedroom (units 1-8)2BR,1BA$1,325
23 Clinton Ave2 Bedroom2BR,1BA$1,375
The Ridges1 BR, 1BA1BR,1BA$1,375
Old County EstatesTownhouse2BR,1BA$1,650
Haven WestHW-A12BR,1BA$1,752

Best Value Apartments for Rent in Penobscot, ME and Nearby

As of September 11, 2025 the best value apartment in the Penobscot area is the $1.34 price per square foot B112 Model at Mayo Mill in the starting from $1,675. The second greatest value Penobscot 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mayo MillB1122BR,1BA$1.34
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.68
Orchard Trails4x24BR,2BA$0.63
Old County EstatesTownhouse2BR,1.5BA$1.50
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
23 Clinton Ave2 Bedroom2BR,1BA$1.79
Cedarwoods Apartments2 Bedroom (units 1-8)2BR,1BA$1.77
Orchard Park Apartments1 Bedroom1BR,1BA$1.89
Riverview - Maine1 BR / 1 BA1BR,1BA$1.88
Summerhaven Apartments1 Bedroom1BR,1BA$2.04

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Frequently Asked Questions about Cheap Penobscot Apartments

How much is rent for a Cheap One Bedroom Penobscot Apartment?

The lowest price for a Cheap One Bedroom Penobscot Apartment is $850 at Mountain View Apartments.

What is the lowest price for a Cheap Two Bedroom Penobscot Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penobscot is starting from $1,122 at Mayo Mill.

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.

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.