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Rental Market Trends in Millinocket, ME

What is the average rent in Millinocket, ME?

$574/month

Average Rent

750 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of August 2025, the average rent in Millinocket, ME is $574 per month. This is 65% lower than the national average rent of $1,638/month, making renting in Millinocket more affordable than most cities in the US. When you rent an apartment in Millinocket, you can expect to pay about $524 per month for a studio, $574 for a one-bedroom apartment, and around $598 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$524/month
600 Sq Ft
One Bedroom
$574/month
750 Sq Ft
Two Bedroom
$598/month
1,000 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Millinocket, ME?

In the past year, rent has increased by 1.4%, which averages out to $8 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Millinocket, ME?

Because the average rent in Millinocket is $574, you’ll want to make about $1,913 per month or $22,956 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Millinocket, ME

1 Available Apartments for Rent

Search for Nearby Apartments

How does Millinocket, ME compare to other nearby cities and neighborhoods?

Use the tool below to compare Millinocket, ME to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Millinocket we think you'll love

68 Poplar St

68 Poplar St

68 Poplar St,
Millinocket, ME 04462

1 Bed | $895

27 Main St

27 Main St

27 Main St,
East Millinocket, ME 04430

3 Beds | $1,375

17 Eastern Ave

17 Eastern Ave

17 Eastern Ave,
East Millinocket, ME 04430

2 Beds | $1,275

111 Main St

111 Main St

111 Main St,
East Millinocket, ME 04430

3 Beds | $1,295

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United States Maine Millinocket Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity