At $1,717/mo, rent takes about 40% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,717 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($51,585) is $1,290 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,100); a 2-bedroom is $1,410.
From Zillow's monthly rent index (ZORI) for Old Town. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Old Town, ME is majority owner-occupied, has a median income below the national average, 36.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Old Town, ME has changed in 5 years
Local incomes tracked alongside that move, going from a median of $43,474 in 2021 to $51,585 more recently. About 40.7% of households rent today, against 37.7% in 2021.
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At $1,717/mo, how Old Town rent compares to typical pay (30% rule).
Old Town rent by bedroom count
Median rent for each apartment size in Old Town. Click any size for full breakdown.
Tips for renters in Old Town
Last updated: September 25, 2026
The median rent in Old Town is $1,717/mo as of September 2026. A studio apartment averages $1,030/mo while a 2-bedroom runs $1,410/mo. One-bedroom apartments average $1,100/mo and 3-bedroom units go for $1,810/mo.
At 40% of local median household income ($51,585/yr), Old Town ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Old Town?
Is rent going up or down in Old Town?
How does Old Town rent compare to other cities in Maine?
Which nearby cities are cheaper to rent in than Old Town?
At $1,717/mo, rent takes ~40% of Old Town's median household income ($51,585/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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