Houses for Rent in 04473

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What to Know About

Life in Orono & Beyond

Orono 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

Orono, ME

As of June 2026, Orono's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Orono's average rent is 18.3% ($360) lower than the Maine average of $1,969 and 10.5% ($188) lower than the U.S. average of $1,797.

Average Rent
$1,609
Monthly ChangeMonth Over Month Change
Increased2.1% ($33)
Yearly ChangeYear Over Year Change
Decreased8% ($139)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,255 Decreased1.6% ($21) Increased4.8% ($57)
2 Beds $1,471 Decreased0.7% ($11) Decreased8.3% ($134)
3 Beds $1,762 Decreased0.5% ($8) Decreased5.2% ($96)
Nearby Cities Average Rent Avg. Rent vs. OronoAverage Rent vs. Orono Avg. Days on MarketAverage Days on Market
Bangor $1,535 Decreased4.6% ($74) 27 days
Brewer $1,481 Decreased8% ($128) 35 days
Milford $1,500 Decreased6.8% ($109) 39 days
Old Town $1,470 Decreased8.6% ($139) 36 days
Holden $975 Decreased39.4% ($634) 37 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.

The average rent in Orono, ME is $1,609 per month.
Houses in Orono typically rent for between $879 and $2,291 per month, with an average of $1,609 per month.
In Orono, the average rent for a 1-bedroom house is $1,255 per month, for a 2-bedroom house, $1,471 per month, and a 3-bedroom house is $1,762 per month.
The average rent in Orono is 10.5% ($188) lower than the national average of $1,797 per month.
The average rent in Orono has increased by 2.1% ($33) in the last month and decreased by 8.0% ($139) over the past year.
The rental market in Orono, ME, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 11 rental properties available in Orono, ME.
Based on the current averages, a household would need an annual income of $58,840 to comfortably afford a 2-bedroom house in Orono.
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