RentData

Average Rent in Aroostook County, ME↓ Rents falling 4.0% YoY🔻 Cheapest in ME

HUD FY2027 · Official government data · Updated annually · Metro pop. 67,227

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Aroostook County, ME has rental prices ranging from $892/month to $1,642/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $898/month — 36% below the national average of $1,400/month. With a median household income of $54,254/year, spending $898/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Aroostook County Compares

With an average 2-bedroom rent of $1,175/month, Aroostook County ranks #19 most expensive of the 19 cities tracked in Maine — pricier than 73% of all US cities in our data.

The Aroostook County Rental Market

The Aroostook County, ME area has a population of about 67,227 and 26% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Aroostook County, ME have fallen by $49/month (4.0%) over the past year, from $1,224 to $1,175. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Aroostook County, ME without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,920. The local median household income of $54,254 exceeds that threshold by $18,334, making Aroostook County relatively accessible compared to local wages.

Economy & Jobs

Aroostook County, ME has an unemployment rate of 4.2%, 0.3 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2027
Studio
$892
Affordable
1 Bedroom
$898
Affordable
2 Bedrooms
$1,175
↓4.0% YoY
Affordable
3 Bedrooms
$1,581
Average
4 Bedrooms
$1,642
Average
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Is Aroostook County, ME Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$47,000/year
Local median income: $54,254
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,175/month and 20% down on a — home at 7% rate.

Nearby Cities in MElargest metros in the state

CityStudio1BR2BR3BRHome Value
Portland$1,639$1,864$2,353$2,902—
York$1,655$1,816$2,376$2,831—
Cumberland County$1,545$1,561$1,941$2,425—
York County$1,352$1,500$1,792$2,464—
Penobscot County$1,042$1,144$1,496$2,039—
Bangor$1,305$1,380$1,722$2,203—

Rent or Buy in Aroostook County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Aroostook County data

$
Home Value
$350,000
2BR Rent
$1,175/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,175/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Aroostook County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Aroostook County

Compare rent & home prices by neighborhood

💵Rent Affordability in Aroostook County

Salary needed to afford rent here

🗺️All Cities in ME

See how Aroostook County ranks statewide

⚖️Compare Aroostook County

Side-by-side rent & cost of living with any city

📋ME Tenant Rights

Deposit limits, eviction laws & renters protections