3

Oakland, ME Homes for Rent

Section Image
  • /9

    $1,025 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    21 Church St Unit 3, Oakland, ME 04963

    Warm and Welcoming One Bedroom Living in Oakland!Welcome home to 21 Church St, Apartment 2 in Oakland. This cozy 1-bedroom, 1-bathroom apartment is filled with natural light and offers easygoing, comfortable living in a great location. With heat and hot water both included in your rent, this one keeps things simple and predictable, ready for you to settle in and make it your

    21 Church St Unit 3, Oakland, ME 04963
  • /11

    $1,475 Per Month

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft
    • House for Rent

    43 Washington St, Waterville, ME 04901

    Discover the charm of this delightful 1 bedroom home nestled on a serene lot in Waterville, perfect for anyone seeking a tranquil retreat. This cozy abode offers a unique blend of vintage character and modern convenience. . Enjoy the beauty of wood floors that add warmth and character throughout the living space, while the first-floor layout ensures easy accessibility.The kitchen is

    43 Washington St, Waterville, ME 04901
  • /9

    $1,050 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    12 Oak St Unit . 2, Oakland, ME 04963

    Bright, Comfortable, and Affordable Living in the Heart of Oakland!Welcome home to this clean and comfortable 1-bedroom, 1-bath apartment at 12 Oak St, Apt 2 in Oakland. Situated right in the heart of town and walkable to shops, restaurants, and everyday conveniences, this unit keeps life simple and your budget happy. A great spot to call home at a price that makes sense.Apartment

    12 Oak St Unit . 2, Oakland, ME 04963

Why Live in Oakland

Oakland, Maine, is a serene lake town known for its natural beauty and community spirit. Nestled within the Belgrade Lakes region, Oakland is bordered by Messalonskee Lake and McGrath Pond, making it a popular destination for boating, kayaking, and seasonal retreats. The town's history as a mill town is reflected in its downtown landmarks, including Memorial Hall and a Carnegie library, while newer additions like a community park and local eateries maintain its small-town charm. Outdoor enthusiasts can enjoy Pleasant Point Park's 75 acres of wooded trails and lake access, or visit Oakland Waterfront Park for summer live music sessions by Messalonskee Lake. Housing in Oakland features traditional New England styles such as Cape Cods, Georgian Colonials, split-levels, and farmhouses, with many properties offering seclusion in wooded lots or open fields. The town's educational institutions include the highly rated Williams Elementary School and Messalonskee Middle and High Schools, with Colby College located just 3 miles away in neighboring Waterville. Oakland's community spirit shines during the annual Oakfest, featuring a parade, street dance, live music, and a Glow Ride by the Messalonskee Trail Riders ATV Club. While dining and shopping options are modest, residents often venture to Waterville for a broader selection, including popular restaurants, an art museum, and MaineGeneral Hospital. The town is accessible via a network of scenic country roads and Interstate 95, which provides a direct route to Augusta, 19 miles south, and Portland International Jetport, 75 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Oakland, ME?
The median rent for a home in Oakland, ME is $1,037 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Oakland, ME?
To comfortably afford the median rent in Oakland, ME, a household needs to earn roughly $41,480 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 $1,037 per month in Oakland, ME, renters typically need to show $3,111 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 Oakland, ME?
In Oakland, ME, the price-to-rent ratio is 27.9, 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.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,037
Median Condo Rent
$1,038
How to Rent a Home