Studio Apartment Rent in Old Town, ME
Median asking rent for a studio apartment in Old Town, Maine as of September 2026. That's +40% lower than the citywide median of $1,717 and +20% below the national studio median of $1,290.
Income needed for a studio in Old Town
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Old Town
Compare Old Town's median rent across every apartment size.
Cheapest cities for a studio in Maine
| # | City | Studio rent |
|---|---|---|
| 1 | Rockland | $810 |
| 2 | Augusta | $860 |
| 3 | Auburn | $890 |
| 4 | Lewiston | $890 |
| 5 | Bath | $980 |
| 6 | Bangor | $1,010 |
| 7 | Old Town (this page) | $1,030 |
| 8 | Waterville | $1,063 |
| 9 | Biddeford | $1,190 |
| 10 | Old Orchard Beach | $1,190 |
| 11 | Brunswick | $1,260 |
| 12 | Gorham | $1,280 |
| 13 | Saco | $1,340 |
| 14 | Portland | $1,407 |
| 15 | Kittery | $1,410 |
Most expensive cities for a studio in Maine
| # | City | Studio rent |
|---|---|---|
| 1 | Falmouth | $1,890 |
| 2 | Cape Elizabeth | $1,890 |
| 3 | Yarmouth | $1,590 |
| 4 | Scarborough | $1,580 |
| 5 | South Portland | $1,550 |
| 6 | Freeport | $1,490 |
| 7 | Kittery | $1,410 |
| 8 | Portland | $1,407 |
| 9 | Saco | $1,340 |
| 10 | Gorham | $1,280 |
| 11 | Brunswick | $1,260 |
| 12 | Old Orchard Beach | $1,190 |
| 13 | Biddeford | $1,190 |
| 14 | Waterville | $1,063 |
| 15 | Old Town (this page) | $1,030 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Old Town.
| City | Distance | Studio rent | vs Old Town |
|---|---|---|---|
| Bangor, ME | 14.5 mi | $1,010 | $-20 (-2%) |
| Rockland, ME | 67.4 mi | $810 | $-220 (-21%) |
| Waterville, ME | 69.9 mi | $1,063 | +$33 (+3%) |
| Augusta, ME | 83.9 mi | $860 | $-170 (-17%) |
| Bath, ME | 108.8 mi | $980 | $-50 (-5%) |
| Brunswick, ME | 115.6 mi | $1,260 | +$230 (+22%) |
| Lewiston, ME | 118.3 mi | $890 | $-140 (-14%) |
| Auburn, ME | 123 mi | $890 | $-140 (-14%) |
| Freeport, ME | 124 mi | $1,490 | +$460 (+45%) |
| Yarmouth, ME | 130 mi | $1,590 | +$560 (+54%) |
| Falmouth, ME | 138.5 mi | $1,890 | +$860 (+83%) |
| Portland, ME | 141.9 mi | $1,407 | +$377 (+37%) |
Studio rent in Old Town — common questions
How much is a studio apartment in Old Town?
As of September 2026, the median studio apartment rent in Old Town, Maine is $1,030 per month. This is +40% below the citywide median of $1,717.
What income do you need to afford a studio in Old Town?
Using the standard 30% rent-to-income rule, you would need an annual income of about $41,200 ($3,433/month gross), which works out to roughly $19.81/hour at a full-time job.
Is Old Town expensive for a studio compared to the rest of the US?
Old Town's studio median of $1,030 is +20% below the national studio median of $1,290. It ranks in the 30th percentile of US cities tracked.
How does Old Town rank for studio rent in Maine?
Among the 21 cities in Maine with studio data, Old Town ranks #7 from cheapest to most expensive.
Are there cheaper studio options near Old Town?
Yes — nearby cities with cheaper studio rents include Bangor ($1,010), Rockland ($810), Augusta ($860).