Cheap Apartments for Rent in Penobscot, ME from $700 (19 Rentals)

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347 Ridge Road
Studio to 2 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
  • Utilities Included
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Penobscot, ME Local Guide

Cheapest Available Penobscot Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penobscot, ME is a 1 Bed unit found at Orchard Park Apartments priced from $1,275. Cedarwoods Apartments in the Downtown Bangor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Penobscot apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Orchard Park Apartments1 Bedroom1BR,1BA$1,275
Cedarwoods Apartments2 Bedroom (units 1-8)2BR,1BA$1,300
The Ridges1 BR, 1BA1BR,1BA$1,375
Haven WestHW-A12BR,1BA$1,567
Brunswick Station Apartments16 Noble Street1BR,1BA$1,785

Best Value Apartments for Rent in Penobscot, ME and Nearby

As of March 22, 2025 the best value apartment in the Penobscot area is the $0.72 price per square foot 3 Bedroom, 3 Bath Model at The Reserve at Orono in the starting from $859. The second greatest value Penobscot apartment is the Furnished 1 BR, 1 BA, Large Office/Den Model at The Ridges starting at $2,200 with a $2.20 price per square foot . Here is today’s list of the best values for Penobscot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.72
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
The Sandpiper ResidencesThe Inlet2BR,2BA$3.86
Atlantic PointeThe Carlton2BR,1.5BA$3.19
Brunswick Station Apartments16 Noble Street1BR,1BA$2.25
Haven WestHW-A12BR,1BA$2.09
Tower 991 bed1BR,1BA$2.67
Cedarwoods Apartments2 Bedroom (units 1-8)2BR,1BA$1.73
Apartments at Brunswick Landing1 Bedroom 1 Bath Brunswick1BR,1BA$2.57
Orchard Park Apartments1 Bedroom1BR,1BA$1.82

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Frequently Asked Questions about Cheap Penobscot Apartments

What is the Cheapest Studio apartment in Penobscot?

Currently the most affordable Cheap Studio Apartment in Penobscot is at listed at $1,200.

How much is rent for a Cheap One Bedroom Penobscot Apartment?

The lowest price for a Cheap One Bedroom Penobscot Apartment is $1,275 at Orchard Park Apartments.

What is the lowest price for a Cheap Two Bedroom Penobscot Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penobscot is starting from $1,300 at Cedarwoods Apartments.

What is the most affordable Penobscot Three Bedroom Apartment?

The best deal on a cheap Penobscot Three Bedroom Apartment rental is at and starts from $1,700.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.