Penobscot, ME rental market

What is the average rent in Penobscot, ME?

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Last updated November 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in Penobscot, ME is $1,400.

Average rent

$1,400

Month-over-monthMoM change

+$1,400

Year-over-yearYoY change

+$1,400

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,400 to $1,400.

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Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,400+1

Average rent price over time

In the last year, rent has increased by $1,400 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,500$2,850
Apr$1,350$2,850
May$1,050$1,400
Jun$1,050No data
Jul$1,600No data

Market temperature

The Penobscot, ME rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Penobscot, ME is 30% lower than the national average.

Penobscot, MEvs.
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$1,400

$2,000

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Frequently asked questions

1. What is the average rent in Penobscot, ME?

The average rent in Penobscot, ME is $1,400.

2. What is the average rent for a two-bedroom apartment in Penobscot, ME?

The average rent for a two-bedroom apartment in Penobscot, ME is $1,400 per month.

3. How much does it cost to rent a house in Penobscot, ME?

Houses in Penobscot, ME rent between $1,400 - $1,400 with an average rent of $1,400.

4. How has the rent in Penobscot, ME changed in the last year?

In the last year, the rent in Penobscot, ME increased by $1,400

5. How much has the rent in Penobscot, ME increased/decreased in the last month?

In the last month, the rent in Penobscot, ME increased by $1,400

6. How many available rentals are there in Penobscot, ME?

There are currently 1 rentals available in Penobscot, ME.

7. How do rent prices in Penobscot, ME compare with the national average?

The average rent in Penobscot, ME is $1,400 — 30% lower the national average of $2,000.

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