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Newest Homes for Rent in Oakland, ME

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    $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
  • /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
  • /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
  • /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

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 August 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 28.5, 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 Home Trends

Number of Homes for Rent
4
Median Rent
$1,037
Median Condo Rent
$1,038
How to Rent a Home