Rentometer, Inc. | Data as of 10/22/2025
Orono, Maine, offers a dynamic rental market that blends the energy of a university town with the tranquility of a coastal New England city. Residents enjoy easy access to the University of Maine campus, bustling local cafés, and cultural venues such as the Loring Library and the historic Orono Village Center. The city’s close proximity to the Penobscot River and nearby nature preserves provides abundant outdoor recreation, from kayaking to hiking, making it an attractive destination for students, faculty, and professionals alike.
Housing options in Orono range from single‑family homes to a variety of apartment styles, catering to a diverse renter demographic. Apartments dominate the market, with three‑bedroom units typically falling in the $1700‑$1900 range, while larger four‑plus bedroom apartments often rent in the $2000‑$2400 bracket. These spacious units are especially popular among families and graduate students seeking comfortable, multigenerational living arrangements. The presence of a handful of well‑maintained houses adds additional flexibility for those preferring a more traditional home setting.
The city’s strong rental appeal is reinforced by its walkable downtown, convenient public transit links to nearby Bangor, and a vibrant community atmosphere centered around local events, farmer’s markets, and seasonal festivals. With a balanced mix of affordability, amenities, and natural beauty, Orono remains a compelling choice for renters looking to experience the best of Maine’s coastal lifestyle while staying connected to academic and cultural opportunities.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 3 Bedroom | $1,709 | $1,875 | $699 - $2,250 | $1,775 - $1,950 |
| Apartment | 4+ Bedroom | $1,974 | $2,400 | $649 - $2,875 | $649 - $2,875 |
In the current period, the average rent in Orono was
$1,792 for 3 Bedroom, and
$1,525 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.