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

Orono, ME

As of July 2025, Orono's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Orono's average rent is 6.4% ($120) lower than the Maine average of $1,868 and 1.5% ($27) lower than the U.S. average of $1,775.

Average Rent

$1,748

Monthly ChangeMonth Over Month Change

1.9% ($33)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,198	2.6% ($30)	No change
2 Beds	$1,605	16.1% ($223)	No change
3 Beds	$1,858	3.8% ($74)	No change

Nearby Cities	Average Rent	Avg. Rent vs. OronoAverage Rent vs. Orono	Avg. Days on MarketAverage Days on Market
Bangor	$1,341	23.3% ($407)	27 days
Brewer	$1,432	18.1% ($316)	35 days
Old Town	$1,408	19.5% ($340)	36 days
Hampden	$1,363	22% ($385)	39 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Orono Rental Market FAQs

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

What is the average rent in Orono, ME?

The average rent in Orono, ME is $1,748 per month.

What is the rental price range for apartments in Orono, ME?

Apartments in Orono typically rent for between $839 and $2,415 per month, with an average of $1,748 per month.

What is the average rent for different bedroom sizes in Orono, ME?

In Orono, the average rent for a 1-bedroom apartment is $1,198 per month, for a 2-bedroom apartment, $1,605 per month, and a 3-bedroom apartment is $1,858 per month.

How do rent prices in Orono, ME compare with the national average?

The average rent in Orono is 1.5% ($27) lower than the national average of $1,775 per month.

How competitive is the rental market in Orono, ME?

The rental market in Orono, ME, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Orono, ME?

In Orono, ME, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Orono, ME?

There are currently 3 rental properties available in Orono, ME.

Can I afford to rent an apartment in Orono, ME?

Based on the current averages, a household would need an annual income of $64,200 to comfortably afford a 2-bedroom apartment in Orono.