Cheap Homes for Rent in Prospect Harbor, ME from $500 (40 Rentals)

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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.

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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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.

Prospect Harbor, ME Local Guide

Cheapest Available Prospect Harbor Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect Harbor, ME is a 2 Beds unit found at Mayo Mill priced from $1,122. Cedarwoods Apartments in the Downtown Bangor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,350. Here is today’s list of the most affordable Prospect Harbor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayo Mill2BR2BR,2BA$1,122
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1,350
Old County EstatesTownhouse2BR,1BA$1,650
74 Mill St1-Bedroom1BR,1BA$1,700

Best Value Apartments for Rent in Prospect Harbor, ME and Nearby

As of October 12, 2025 the best value apartment in the Prospect Harbor area is the $1.34 price per square foot B112 Model at Mayo Mill in the starting from $1,675. The second greatest value Prospect Harbor 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 Prospect Harbor 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$0.62
5 Forest Ave, Unit 15 Forest Ave3BR,1BA$1.73
Old County EstatesTownhouse2BR,1.5BA$1.50
10 Colby Way, Unit C10 Colby Way2BR,1BA$1.85
147 State St, Unit 5147 State St2BR,1BA$1.80
162 Broadway, Unit 162162 Broadway2BR,1BA$1.89
Cedarwoods Apartments2 Bedroom (units 89-112)2BR,1BA$1.75
23 Mechanic St, Unit 123 Mechanic St2BR,1BA$1.88

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Prospect Harbor

What type of rentals are currently available in Prospect Harbor?

There are currently 39 Apartments for Rent in Prospect Harbor, ME with pricing that ranges from $689 to $4,000. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Harbor ranging from $500 to $4,800.

What is the current price range for Rental Homes in Prospect Harbor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Harbor ranges from $500 to $4,800 with an average monthly rent of $2,474.

How much are larger Three and Four Bedroom Rentals in Prospect Harbor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Harbor range from $1,300 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,710. Four Bedroom Single-Family rentals are also available starting from $1,700 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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.