Orono, Penobscot County, ME Housing Trends, Rent, Price-to-Rent

Market Summary

Orono, Penobscot County, ME

Median Home Price Price

$294,944 $294.9K

Median Monthly Rent Rent

$1,550 $1.6K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Orono, ME is $1,550, with MoM change +$9 and YoY change +$60 pointing to positive momentum while volatility is low (std $12).

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Metric

Base market Orono, ME

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Delta vs base

Median rent

$1,550

N/A

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Median price

$294,944

N/A

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YoY change

+$60

N/A

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Price-to-rent

15.9x

Data unavailable

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