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Rental Market Trends in Old Orchard Beach, ME

What is the average rent in Old Orchard Beach, ME?

$576/month

Average Rent

0 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of May 2025, the average rent in Old Orchard Beach, ME is $576 per month. This is 65% lower than the national average rent of $1,625/month, making renting in Old Orchard Beach more affordable than most cities in the US. When you rent an apartment in Old Orchard Beach, you can expect to pay about per month for a studio, $576 for a one-bedroom apartment, and around $1,718 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
One Bedroom
$576/month
0 Sq Ft
Two Bedroom
$1,718/month
907 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$3,250/month
596 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 Old Orchard Beach, ME?

In the past year, rent has increased by 2.1%, which averages out to $12 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Old Orchard Beach, ME
Last Updated May 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Old Orchard Beach, ME
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Old Orchard Beach, ME?

Because the average rent in Old Orchard Beach is $576, you’ll want to make about $1,920 per month or $23,040 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

Old Orchard Beach, ME

24 Available Apartments for Rent

Search for Nearby Apartments

How does Old Orchard Beach, ME compare to other nearby cities and neighborhoods?

Use the tool below to compare Old Orchard Beach, 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.

Explore the Area Guide for Old Orchard Beach, ME

Apartment Averages

Nearby City Rent Trends

  • Saco Average Rent
  • Scarborough Average Rent
  • South Portland Average Rent
  • Cape Elizabeth Average Rent

Apartment communities in Old Orchard Beach we think you'll love

Cloverleaf Apartments

Cloverleaf Apartments

5-7 Merrill Dr,
Saco, ME 04072

Studio - 2 Beds | $1,700 - $2,600

Cascade Falls Apartments

Cascade Falls Apartments

10 Waterfall Dr,
Saco, ME 04072

2 Beds | $3,000

2 Traynor St

2 Traynor St

2 Traynor St,
Old Orchard Beach, ME 04064

4 Beds | $4,000

2 Traynor St

2 Traynor St

2 Traynor St,
Old Orchard Beach, ME 04064

5 Beds | $4,500

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United States Maine Old Orchard Beach 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity