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Studio Apartments for Rent in Old Orchard Beach, ME

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    $1,250 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    8 Traynor St Unit 11, Old Orchard Beach, ME 04064

    Property Id: 13513972026-2027 WINTER RENTAL. Efficiency studio apartment available September 7, 2026 through April 30, 2027. All utilities are included (Heat, water, electric, Wi-Fi, Roku TV, garbage, plowing). Studios have a kitchenette and a private bathroom. Off street parking for one car per unit. Application fee and background check. $1250/month, $1,450/month for 2 people. Unit is on

    (207) 900-8250

    8 Traynor St Unit 11, Old Orchard Beach, ME 04064
  • /13

    $1,250 Per Month

    • Studio
    • 1 Bath
    • 350 Sq Ft
    • Condo for Rent

    8 Traynor St Unit 1, Old Orchard Beach, ME 04064

    Property Id: 13509492026-2027 WINTER RENTAL. Efficiency studio apartments available beginning September 7, 2026 through April 30, 2027. All utilities are included (Heat, water, electric, Wi-Fi, Roku TV, garbage, plowing). Studios have a kitchenette and a private bathroom. Off street parking for one car per unit. Application fee and background check. $1250/month, $1,450/month for 2 people.

    (207) 900-2479

    8 Traynor St Unit 1, Old Orchard Beach, ME 04064

Why Live in Old Orchard Beach

Old Orchard Beach, ME, known to locals as “OOB,” is a coastal resort town on Saco Bay, approximately 30 minutes south of Portland. The town is famous for its long sandy beach and bustling wooden pier filled with restaurants, bars and shops. During the summer, Palace Playland, a beachside amusement park, illuminates the boardwalk and draws hordes of tourists. Although the seasonal influx can be daunting, residents enjoy the quieter off-season, when they can take long walks with their dogs on the beach. Home styles in OOB range from condos and townhomes to vintage beachfront cottages and contemporary homes, with prices varying significantly based on how close they are to the water. Long, cold winters can lead to high heating and snow removal costs, and you'll probably need flood insurance if your property is near the water. Beachfront homes have dramatic views and easy access to the action on the boardwalk, but inland properties offer more space and tranquility. Tourism and hospitality drive the economy, but you can find jobs in health care, education and marine industries in nearby York or Portland. The Amtrak Downeaster provides seasonal rail service to Portland. Local amenities include Shop’ n Save and Hanson’s Hometown Hardware. Retirees find OOB appealing for its beach access and quieter lifestyle. For families, nearby towns like Saco and Scarborough are more attractive due to their highly rated school districts.

Frequently Asked Questions

How much does it cost to rent a home in Old Orchard Beach, ME?
The median rent for a home in Old Orchard Beach, ME is $2,000 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 Old Orchard Beach, ME?
To comfortably afford the median rent in Old Orchard Beach, ME, a household needs to earn roughly $80,000 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 $2,000 per month in Old Orchard Beach, ME, renters typically need to show $6,000 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 Old Orchard Beach, ME?
In Old Orchard Beach, ME, the price-to-rent ratio is 21.6, 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 Old Orchard Beach, ME

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,000
Median Single Family Home Rent
$2,500
Median Condo Rent
$1,750
How to Rent a Home