How much rent can you afford in Orono, ME?
Run your salary against Orono's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Orono
At a median rent of $1,625/mo, Orono is moderately stretched when measured against Orono median household income of $59,784/yr. Rent would consume roughly 33% of pre-tax income, and a salary of about $65,000 keeps rent at the recommended 30% threshold.
How Orono compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Orono?
On a $59,784 salary (the Orono median household income), the recommended ceiling is 30% of pre-tax income, or about $1,495/mo. Orono's median rent is $1,625/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Orono?
To keep Orono's $1,625/mo median rent under 30% of income, you'd need about $65,000/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Orono affordable on the median Maine income?
Orono is moderately stretched on a $59,784 income. Rent would take 33% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".