Homes For Rent in Orono, ME

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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 March 2025, Orono's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Orono's average rent is 16.2% ($318) lower than the Maine average of $1,969 and 7.7% ($137) lower than the U.S. average of $1,788.

Average Rent
$1,651
Monthly ChangeMonth Over Month Change
Increased1.4% ($23)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,078 Increased4.7% ($48) No change
2 Beds $1,383 Decreased0.7% ($10) No change
3 Beds $1,959 Decreased0.7% ($14) No change
Nearby Cities Average Rent Avg. Rent vs. OronoAverage Rent vs. Orono Avg. Days on MarketAverage Days on Market
Bangor $1,433 Decreased13.2% ($218) 27 days
Brewer $1,459 Decreased11.6% ($192) 35 days
Old Town $1,259 Decreased23.7% ($392) 36 days
Hampden $1,690 Increased2.4% ($39) 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.

The average rent in Orono, ME is $1,651 per month.
Homes in Orono typically rent for between $755 and $2,547 per month, with an average of $1,651 per month.
In Orono, the average rent for a 1-bedroom home is $1,078 per month, for a 2-bedroom home, $1,383 per month, and a 3-bedroom home is $1,959 per month.
The average rent in Orono is 7.7% ($137) lower than the national average of $1,788 per month.
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 17 rental properties available in Orono, ME.
Based on the current averages, a household would need an annual income of $55,320 to comfortably afford a 2-bedroom home in Orono.
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