2

Orono, ME Houses for Rent

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  • /6

    $1,100 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    26 Austin Dr, Orono, ME 04473

    Coming Soon! Discover comfort and convenience on Austin Drive 2-bed, 1-bath home just minutes from the University of Maine. Featuring gleaming new flooring, fresh paint, washer/dryer hookups, and a private yard with off-street parking, this gem delivers modern living with small-town charm. Nestled in a vibrant college town, you’re a short drive (or a quick ride on the Black Bear Express shuttle)

    26 Austin Dr, Orono, ME 04473
  • /6

    $900 Per Month

    • 2 Beds
    • 2 Baths
    • House for Rent

    16 Austin Dr, Orono, ME 04473

    Discover comfort and convenience at 16Austin Drive—an updated 2-bed, 1-bath home just minutes from the University of Maine. Featuring gleaming new flooring, fresh paint, washer/dryer hookups, and a private yard with off-street parking, this gem delivers modern living with small-town charm. Nestled in a vibrant college town, you’re a short drive (or a quick ride on the Black Bear Express shuttle)

    16 Austin Dr, Orono, ME 04473

Frequently Asked Questions

How much does it cost to rent a single-family home in Orono, ME?
The median rent for a single-family home in Orono, ME is $1,800 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Orono, ME?
To comfortably afford the median rent in Orono, ME, a household needs to earn roughly $75,600 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 $1,890 per month in Orono, ME, renters typically need to show $5,670 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 Orono, ME?
In Orono, ME, the price-to-rent ratio is 13.8, 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 Houses for Rent
2
Median Single Family Home Rent
$1,800
Median 3 Bedroom Single Family Home Rent
$2,500
Median 4 Bedroom Single Family Home Rent
$2,750
How to Rent a Home