Homes for Rent near 04347

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Viewing 41-60 of 88 rentals near 04347
What to Know About

Life in Hallowell & Beyond

Hallowell shares many of the great qualities that make Maine a desirable place to live.

Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.

Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.

Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.

Rental Market Trends

Hallowell, ME

As of July 2025, Hallowell's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Hallowell's average rent is 14.5% ($271) lower than the Maine average of $1,868 and 10.0% ($178) lower than the U.S. average of $1,775.

Average Rent
$1,597
Monthly ChangeMonth Over Month Change
Increased5.2% ($79)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
25
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,478 Decreased0.5% ($7) No change
2 Beds $1,863 Decreased0.4% ($8) No change
3 Beds $2,092 Decreased0.4% ($9) No change
Nearby Cities Average Rent Avg. Rent vs. HallowellAverage Rent vs. Hallowell Avg. Days on MarketAverage Days on Market
Augusta $1,710 Increased7.1% ($113) 26 days
Gardiner $870 Decreased45.5% ($727) 26 days
Vassalboro $1,233 Decreased22.8% ($364) 25 days
South China $1,384 Decreased13.3% ($213) 26 days
Waterville $1,309 Decreased18% ($288) 29 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hallowell Rental Market FAQs

Explore rental prices, market trends, and availability in Hallowell, ME.

The average rent in Hallowell, ME is $1,597 per month.
Homes in Hallowell typically rent for between $1,035 and $2,720 per month, with an average of $1,597 per month.
In Hallowell, the average rent for a 1-bedroom home is $1,478 per month, for a 2-bedroom home, $1,863 per month, and a 3-bedroom home is $2,092 per month.
The average rent in Hallowell is 10% ($178) lower than the national average of $1,775 per month.
The rental market in Hallowell, ME, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Hallowell, ME, the average rental stays on the market for approximately 25 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $74,520 to comfortably afford a 2-bedroom home in Hallowell.
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