$1,800 Per Month
- 1 Bed
- 1 Bath
- 576 Sq Ft
- Condo for Rent
40 Goodwin St Unit 1 bed, Berwick, ME 03901
Property Id: 2750421 Brand new 1 bedroom in Berwick Maine attached to garage that has a washer and dryer, heatoumps with ac/heat and a dishwasher.
Frequently Asked Questions
How much does it cost to rent a condo in Berwick, ME?
The median rent for a condo in Berwick, ME is $1,850 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Berwick, ME?
To comfortably afford the median rent in Berwick, ME, a household needs to earn roughly $84,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,112 per month in Berwick, ME, renters typically need to show $6,336 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Berwick, ME?
In Berwick, ME, the price-to-rent ratio is 21.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
