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Studio Apartments for Rent in Skowhegan, ME

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  • 7 Island Ave, Skowhegan, ME 04976
    7 Island Ave, Skowhegan, ME 04976
    7 Island Ave, Skowhegan, ME 04976
    /22

    Starting at $1,510 Per Month

    • Studio - 3 Beds

    7 Island Ave, Skowhegan, ME 04976

    The Spinning Mill Lofts bring new life to one of Skowhegan’s landmark mill buildings, offering apartments that blend historic character with modern comfort. Exposed brick, tall windows, and high ceilings give each home unique charm, while in-unit laundry, stainless steel appliances, and high-end finishes add the convenience you expect today.Set along the Kennebec River, the building features

    The Spinning Mill

    7 Island Ave, Skowhegan, ME 04976
Maine Somerset County

Studio Homes for Rent in Skowhegan, ME

Why Live in Skowhegan

Skowhegan, located in southern Somerset County, ME, is a small town known for its family-friendly atmosphere and abundant outdoor activities. The Kennebec River flows through the revitalized historic downtown, which features pedestrian-friendly streets lined with bars, breweries, and boutiques. Outdoor activities are plentiful, with the Kennebec River and Lake George offering opportunities for boating, fishing, tubing, and whitewater rafting. Eaton Mountain Ski Area provides winter fun with snow tubing and skiing, while Lake George Regional Park offers hiking trails, a sandy beach, and seasonal activities like ice skating and fishing. Homes in Skowhegan vary from Cape Cods and ranch styles to turn-of-the-century New Englander homes, with prices ranging from $70,000 to $720,000. The Maine School Administrative District 54 serves the area and includes a new elementary school that fosters early childhood development. The Skowhegan Historic District boasts local dining and shopping options, including The Bankery and Old Mill Pub. The town is also home to the Skowhegan State Fairgrounds, hosting the oldest continuously held state fair in the country every August, along with other events like the Maine Artisan Bread Fair. Skowhegan is car-dependent, with U.S. Route 201 and U.S. Route 2 providing access to nearby highways and Bangor International Airport, 55 miles east.

Learn more about living in Skowhegan

Frequently Asked Questions

How much does it cost to rent a home in Skowhegan, ME?
The median rent for a home in Skowhegan, ME is $1,200 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Skowhegan, ME?
To comfortably afford the median rent in Skowhegan, ME, a household needs to earn roughly $48,000 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 $1,200 per month in Skowhegan, ME, renters typically need to show $3,600 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 Skowhegan, ME?
In Skowhegan, ME, the price-to-rent ratio is 15.3, 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 Trends in Skowhegan, ME

There are currently 1 homes available for rent in Skowhegan, ME. The median rent is $1,200 per month, with condos at $1,200.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,200
Median Condo Rent
$1,200
How to Rent a Home

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