Can A Carpenter Afford Rent in Old Town, ME?
Stretched but workable — rent takes 38.1% of gross income.
Old Town rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These Maine cities have lower median rent than Old Town, which improves the affordability math on a carpenter salary:
Compare with full rent data for Old Town
View full rent data for Old Town, ME →Frequently asked questions
Can a carpenter afford rent in Old Town, ME?
Median rent in Old Town is $1,801 a month. A typical carpenter in Maine earns about $56,674 a year, which makes that rent 38.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a carpenter afford in Old Town?
Using the 30% rule, a carpenter salary in Maine (~$56,674/yr) supports up to $1,417 a month in rent. Old Town's current median rent is $1,801/mo, which is $384/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Old Town?
At an hourly equivalent of about $27 an hour, a carpenter in Maine works roughly 66.1 hours a month to cover Old Town's median rent of $1,801.
Where is rent cheaper than Old Town for a carpenter?
Nearby Maine cities with lower median rent include South Portland ($1,799/mo), Portland ($1,780/mo), Rockland ($1,775/mo). Each shifts the affordability math materially on a carpenter salary.