$1,700
Total Monthly Price
- 2 Beds
- 1 Bath
- 1,200 Sq Ft
- Condo for Rent
25 Beech St Unit 2, Gardiner, ME 04345
Frequently Asked Questions
How much does it cost to rent a condo in Gardiner, ME?
The median rent for a condo in Gardiner, ME is $1,385 per month, though prices vary by neighborhood, size, and property type. As of August 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 Gardiner, ME?
To comfortably afford the median rent in Gardiner, ME, a household needs to earn roughly $54,680 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 $1,367 per month in Gardiner, ME, renters typically need to show $4,101 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 Gardiner, ME?
In Gardiner, ME, the price-to-rent ratio is 18.9, 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.
