Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Penobscot County, Maine?
County · Census ACS 5-Year estimates
The median gross rent in Penobscot County, Maine is $1,041/month (±$28), based on Census ACS 5-Year estimates (2024). The median home value is $214,100 (±$4,463), and the median household income is $66,356/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Penobscot County, Maine and Neighbouring Counties
Housing Metrics for Penobscot County, Maine
| Metric | Value |
|---|---|
| Median Gross Rent | $1,041 |
| Median Home Value | $214,100 |
| Median Household Income | $66,356 |
| Total Housing Units | 65,221 |
| Renter-Occupied Units | 19,211 |
| Renter-Occupied Share | 29% |
| Households Paying 50%+ Income | 3,975 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $785 | +0.0% |
| 1 BR | $886 | +0.0% |
| 2 BR | $1,126 | +0.0% |
| 3 BR | $1,281 | +0.0% |
| 4 BR | $1,457 | +0.0% |
| 5+ BR | $857 | +0.0% |
How does Penobscot County, Maine compare?
Median gross rent ranked against all counties in Maine.
Higher rent than 63% of counties in Maine · 7th of 16
| # | County | Value |
|---|---|---|
| 1 | Cumberland County | $1,589 |
| 2 | York County | $1,339 |
| 3 | Knox County | $1,165 |
| … 3 more … | ||
| 7 | Penobscot County(you are here) | $1,041 |
| … 6 more … | ||
| 14 | Franklin County | $802 |
| 15 | Aroostook County | $784 |
| 16 | Washington County | $783 |
More data for Penobscot County, Maine
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Frequently asked questions
What is the average rent in Penobscot County, Maine?
The median gross rent in Penobscot County, Maine is $1,041/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Penobscot County, Maine?
The median rent for a 2-bedroom in Penobscot County, Maine is $1,126/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$30. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Penobscot County, Maine?
The median home value in Penobscot County, Maine is $214,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Penobscot County are rent-burdened?
In Penobscot County, Maine, 3,975 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Penobscot County, Maine?
The median household income in Penobscot County, Maine is $66,356/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,041 has a margin of error of ±$28. In very small areas, MOEs can be large relative to the estimate.
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