12

Newest Homes for Rent in Madawaska, ME

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    Starting at $850 Per Month

    • Studio - 1 Bed

    357 Main St, Madawaska, ME 04756

    Second Floor 1-Bedroom Apartment in Downtown Madawaska with 12-month lease agreement and direct deposit payment.Available June 2026 Looking for affordable living in a convenient downtown location? Newly remodeled and affordable apartments in Madawaska, Maine, offer great value for anyone seeking a fresh and updated space without breaking the bank.Apartment Features:

    (207) 331-9018

    357 Main St, Madawaska, ME 04756
  • /12

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    357 Main St Unit 201, Madawaska, ME 04756

    Property Id: 2560085Moving to Northern Maine?Second Floor, 1 Bedroom apartment available June 15 - Madawaska, Maine.This updated, first floor apartment includes a new kitchen, new flooring, countertops, fixtures, and energy efficient windows and appliances.Great location. Walking distance to all local shops and downtown stores.Nearly all utilities included (heat/hot

    (207) 482-0900

    357 Main St Unit 201, Madawaska, ME 04756
  • /20

    Starting at $685 Per Month

    • Studio - 3 Beds

    322 Main St, Madawaska, ME 04756

    Heritage Place is an Iconic building located in the heart of downtown Madawaska with shops, library, town office, restaurants and shopping all within easy walking distance, The building is well secured with 24 hour security surveillance cameras inside and outside the building. Each apartment has its own dedicated off street parking. All tenants enjoy a family friendly environment with absolutely

    Heritage Place

    (207) 436-8717

    322 Main St, Madawaska, ME 04756

Frequently Asked Questions

How much does it cost to rent a home in Madawaska, ME?
The median rent for a home in Madawaska, ME is $850 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Madawaska, ME?
To comfortably afford the median rent in Madawaska, ME, a household needs to earn roughly $34,000 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 $850 per month in Madawaska, ME, renters typically need to show $2,550 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 Madawaska, ME?
In Madawaska, ME, the price-to-rent ratio is 15.7, 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 Madawaska, ME

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$850
Median Condo Rent
$850
How to Rent a Home