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Studio Apartment for Rent in Winthrop, ME

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    $1,750

    Total Monthly Price

    • Studio
    • 1 Bath
    • 4,000 Sq Ft
    • Condo for Rent

    2540 Us-202 Unit Ground Floor West, Winthrop, ME 04364

    What used to be the Cobbossee Cash Market is now both commercial and residential rental spaces. Close to Cobbosseecontee Lake - convenient to shopping, schools and dining (might we suggest the White Duck?).

    2540 Us-202 Unit Ground Floor West, Winthrop, ME 04364

Why Live in Winthrop

Winthrop, Maine, is a small town known for its lakefront living and small-town charm, situated in the Winthrop Lakes Region. The town is centrally located, offering proximity to both the ocean and mountains, with ample recreational activities available. Maranacook Lake and Cobbosseecontee Lake are popular spots for boating, swimming, and bass fishing, with public beaches and boat ramps. The Augusta Country Club provides private beach access, boat slips, a golf course, and tennis courts. Winter activities include ice fishing and snowmobiling on local trails. The Bailey Public Library hosts various events, including a ukulele group, kids’ video game club, and yoga sessions. Housing options in Winthrop range from sought-after lakefront homes with Craftsman and saltbox influences to historic farmhouses and in-town Cape Cods. Prices vary widely, accommodating different budgets. Winthrop Public Schools serve the area, with Winthrop Middle School being highly rated. The town center, particularly Main Street, features locally owned shops and restaurants like Black Bloc BBQ and The White Duck Brew Pub. Route 202 is another commercial hub with businesses such as Hannaford grocery store and Stevenson’s Farm Stand. Annual events like the Winthrop Arts Festival and a holiday parade foster community spirit. Winthrop is pedestrian-friendly, with sidewalks in the town center, and is conveniently located about 12 miles from Augusta and 20 miles from Lewiston-Auburn. MaineGeneral Medical Center is 14 miles away, and Portland International Jetport is 58 miles from the town.

Frequently Asked Questions

How much does it cost to rent a home in Winthrop, ME?
The median rent for a home in Winthrop, ME is $1,775 per month, though prices vary by neighborhood, size, and property type. As of August 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 Winthrop, ME?
To comfortably afford the median rent in Winthrop, ME, a household needs to earn roughly $71,000 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 $1,775 per month in Winthrop, ME, renters typically need to show $5,325 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 Winthrop, ME?
In Winthrop, ME, the price-to-rent ratio is 20.2, 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
1
Median Rent
$1,775
Median Single Family Home Rent
$4,500
Median Condo Rent
$1,550
How to Rent a Home