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Newest Homes for Rent in Hallowell, ME

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  • 211 Water St Unit 6, Hallowell, ME 04347
    211 Water St Unit 6, Hallowell, ME 04347
    211 Water St Unit 6, Hallowell, ME 04347
    /20

    $3,500 Per Month

    • 4 Beds
    • 4 Baths
    • 2,618 Sq Ft
    • Condo for Rent

    211 Water St Unit 6, Hallowell, ME 04347

    Property Id: 2728736Brand new luxury townhouse located in downtown Hallowell. Exceptional property, it is a must see! Walking distance to restaurants, shops, Kennebec River rail trail, publicly accessible boat launch across the street. Shorter lease terms are an option. 5 min to gyms, yoga, interstate, shopping centers and hospital. Included w/rent are: HOA fees, lawn care, snow removal,

    211 Water St Unit 6, Hallowell, ME 04347
  • 18 Warren St Unit 2, Hallowell, ME 04347
    18 Warren St Unit 2, Hallowell, ME 04347
    18 Warren St Unit 2, Hallowell, ME 04347
    /20

    $1,525 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    18 Warren St Unit 2, Hallowell, ME 04347

    1 bed, 1 bath located on a quiet street just minutes from Hallowell's historic downtown shopping and dining district, available mid-July. This recently renovated home has beautiful bamboo flooring in the living room, bedroom, and kitchen and lots of windows with excellent natural light throughout. The kitchen has updated cabinets and countertops and direct access to a semi-private

    18 Warren St Unit 2, Hallowell, ME 04347
  • 7 Warren St, Hallowell, ME 04347
    7 Warren St, Hallowell, ME 04347
    7 Warren St, Hallowell, ME 04347
    /41

    $720

    Total Monthly Price

    • 1 Bed
    • 2 Baths
    • 100 Sq Ft
    • House for Rent

    7 Warren St, Hallowell, ME 04347

    Please send us an email if you are interested in our rooms - please don't phone us - we can fix up a good time to chat from the email, thanks!

    7 Warren St, Hallowell, ME 04347
  • 7 Warren St, Hallowell, ME 04347
    7 Warren St, Hallowell, ME 04347
    7 Warren St, Hallowell, ME 04347
    /41

    $720

    Total Monthly Price

    • 1 Bed
    • 2 Baths
    • 100 Sq Ft
    • House for Rent

    7 Warren St, Hallowell, ME 04347

    Please send us an email if you are interested in our rooms - please don't phone us - we can fix up a good time to chat from the email, thanks!

    7 Warren St, Hallowell, ME 04347
  • 31 Foye Rd Unit B, Hallowell, ME 04347
    31 Foye Rd Unit B, Hallowell, ME 04347
    31 Foye Rd Unit B, Hallowell, ME 04347
    /24

    $1,650

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    31 Foye Rd Unit B, Hallowell, ME 04347

    31 Foye Rd Unit B, Hallowell, ME 04347
Maine Kennebec County Hallowell

Newest Homes for Rent in Hallowell, ME

Frequently Asked Questions

How much does it cost to rent a home in Hallowell, ME?
The median rent for a home in Hallowell, ME is $1,122 per month, though prices vary by neighborhood, size, and property type. As of July 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 Hallowell, ME?
To comfortably afford the median rent in Hallowell, ME, a household needs to earn roughly $44,880 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 $1,122 per month in Hallowell, ME, renters typically need to show $3,366 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 Hallowell, ME?
In Hallowell, ME, the price-to-rent ratio is 37.5, 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.

Rental Trends in Hallowell, ME

There are currently 5 homes available for rent in Hallowell, ME. The median rent is $1,122 per month, with single-family homes renting at $720 and condos at $1,588.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,122
Median Single Family Home Rent
$720
Median Condo Rent
$1,588
How to Rent a Home

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