5

Newest Homes for Rent in Millinocket, ME

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  • /13

    $1,750 Per Month

    • 4 Beds
    • 2 Baths
    • 1,771 Sq Ft
    • House for Rent

    344 Katahdin Ave, Millinocket, ME 04462

    Available 3/1/2026Well kept, spacious 4-bed, 2-bath home on Katahdin Avenue in Millinocket. This house has a large kitchen space with an island, hardwood floors throughout, and a welcoming and open layout. Featuring a large unfinished basement with an attached garage and inviting outdoor space. The location is just outside of Millinocket with convenient access to Ferguson Lake and

    344 Katahdin Ave, Millinocket, ME 04462
  • /20

    $1,550 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    479 Aroostook Ave, Millinocket, ME 04462

    Property Id: 1610435Nice and clean 3-bedroom, 2-bath home located in one of Millinocket’s most desirable neighborhoods. This must-see house features a nice kitchen, beautiful hardwood floors, spacious rooms throughout, and a huge covered garage.You’ll love the quiet area and unbeatable location. Spend your weekends fishing, snowmobiling, skiing, whitewater rafting, biking, and

    (207) 387-7437

    479 Aroostook Ave, Millinocket, ME 04462
  • /13

    $1,075 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    117 Congress St Unit 117 Congress, Millinocket, ME 04462

    Property Id: 24301091-2 Bedrooms -laundry hookups-walk to everything. Enjoy this quiet, streamside neighborhood. A quality apartment. Call Len Warren

    (207) 762-9584

    117 Congress St Unit 117 Congress, Millinocket, ME 04462
  • /10

    $1,075 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    17 Cherry St Unit 17 Cherry St, Millinocket, ME 04462

    Property Id: 2307786Nice studio apartment Heat & electric includedCall TWO-ZERO_SEVEN _FIVE_FIVE_FOUR_ZERO_TWO_EIGHT_ZERO

    (207) 762-8262

    17 Cherry St Unit 17 Cherry St, Millinocket, ME 04462
  • /6

    $1,375 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    41 Bowdoin St Unit c, Millinocket, ME 04462

    Property Id: 2123028Two-zero-seven-five-five-four-zero-two-eight-zero. Len WarrenQuiet building. Applicants with a good track record will be considered

    (207) 769-5847

    41 Bowdoin St Unit c, Millinocket, ME 04462

Frequently Asked Questions

How much does it cost to rent a home in Millinocket, ME?
The median rent for a home in Millinocket, ME is $1,287 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Millinocket, ME?
To comfortably afford the median rent in Millinocket, ME, a household needs to earn roughly $51,480 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 $1,287 per month in Millinocket, ME, renters typically need to show $3,861 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 Millinocket, ME?
In Millinocket, ME, the price-to-rent ratio is 10.4, 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 Home Trends in Millinocket, ME

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,287
Median Single Family Home Rent
$1,550
Median Condo Rent
$1,075
How to Rent a Home