Average Rent in Old Town, ME
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/22/2025

Old Town, Maine, blends historic charm with natural beauty, making it a sought‑after destination for renters who value both community atmosphere and access to the outdoors. Nestled along the Penobscot River and just a short drive from the iconic Acadia National Park, the city offers a mix of waterfront views, walkable downtown streets, and a vibrant cultural scene anchored by local galleries, cozy cafés, and seasonal festivals. Residents enjoy easy access to outdoor recreation such as kayaking, hiking, and cross‑country skiing, while the revitalized riverfront adds a modern touch with bike paths, community parks, and seasonal riverfront markets.

The rental market in Old Town reflects this balance of tradition and livability, featuring a variety of homes ranging from classic New England houses to contemporary apartment complexes. One‑bedroom apartments are especially popular among young professionals and seniors seeking low‑maintenance living, with average rents comfortably situated in the $1100 range. Larger family‑sized houses provide spacious layouts and often include historic architectural details, making them ideal for those who appreciate classic design and a sense of privacy.

Neighborhoods such as the historic Riverfront District and the growing College Hill area, home to nearby educational institutions, provide renters with distinct lifestyle options—from quiet, tree‑lined streets to bustling, student‑friendly environments. Proximity to essential amenities, including grocery stores, healthcare facilities, and public transportation, ensures that daily needs are met without long commutes. Whether you’re drawn by the area’s rich maritime heritage, its thriving arts community, or the surrounding natural landscapes, Old Town delivers a welcoming and diverse rental experience that caters to a wide range of preferences.

Partial Data Available: We have sufficient data for 1 Bedroom, 2 Bedroom listings. Other bedroom types need more data for reliable statistics.

Old Town Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
Apartment 1 Bedroom $1,101 $1,008 $890 - $1,500 $900 - $1,500

In the current period, the average rent in Old Town was $1,102 for 1 Bedroom, and $1,350 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.

Old Town

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Data provided by Rentometer, Inc.