ZIP Code · ME

ZIP 04468

Part of Old Town, ME
Pop. 9,291·Penobscot County·17th most expensive ZIP in Maine
Median rent (all units)
$1,717/mo
Year-over-Year
Stable
Month-over-Month
+0.5%
vs US Median
-$215
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 04468 · $1,717
More affordable than 57% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,210
1 BR
$1,290
2 BR
$1,670
3 BR
$2,160
4 BR+
$2,360
Research median
$1,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($56,358) is $1,409 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,290); a 2-bedroom is $1,670.

From Zillow's monthly rent index (ZORI) for ZIP 04468. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,604/yr
At $1,717/mo median
Location
StateME
CountyPenobscot County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 04468 (Old Town, ME) is majority owner-occupied, has a median income below the national average, 32.3% of residents hold a bachelor's degree or higher.

Population
9,291
Median income
$56,358
Median age
38.3
Renters
35.3%
Age distribution
20.4%
19.9%
28%
15.4%
16.3%
Under 1820.4%
18–3419.9%
35–5428%
55–6415.4%
65+16.3%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
87%
White87%
Black2.8%
Hispanic2.2%
Other7.8%
Education (25+)
35.1%
30%
32.3%
No HS diploma2.6%
HS diploma35.1%
Some college30%
Bachelor's+32.3%
Housing tenure
64.7%
35.3%
Owner64.7%
Renter35.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 04468 in Old Town, ME has changed in 5 years

Income
$46,270 → $56,358
up 21.8%
Population
9,245 → 9,291
up 0.5%
Renter share
33.9% → 35.3%
+1.4 pts
Bachelor's+
31.6% → 32.3%
+0.7 pts
Median age
39 → 38.3
-0.7 yrs

Household income in the area moved from $46,270 to $56,358 across the same window, up 21.8% versus 2021.

Community

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Local insights

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About renting in ZIP 04468

Last updated: September 25, 2026

ZIP code 04468 covers Old Town, ME. The median rent here is $1,717/mo as of September 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,670/mo.

At 37% of local median household income ($56,358/yr), ZIP 04468 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 04468?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,717/mo in ZIP 04468. The local median household income is $56,358/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 04468?

Rent in ZIP 04468 has been roughly flat over the past year, a 0.0% change.

How does ZIP 04468 compare to other ZIPs in Maine?

ZIP 04468 is one of the more affordable among Maine ZIP codes for rent, ranking #17 of 23 at $1,717/mo.

How does ZIP 04468 compare to the rest of Old Town?

ZIP 04468 sits right at the Old Town citywide median of $1,717/mo.
Income Affordability
37%
MODERATE

At $1,717/mo, rent takes ~37% of ZIP 04468's median household income ($56,358/yr). The standard benchmark is 30%.

ZIP 04468 37%Benchmark 30%
State income tax5.8–7.15%
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Schools nearby

Public schools near ZIP 04468 (Old Town, ME)

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