Old Orchard Beach, Maine Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Old Orchard Beach, Maine rental market.
Old Orchard Beach, Maine
Average Apartment Rent
$1,609
Y-o-Y Change in Average
Apartment Rent
Infinity%
As of March 2026
Compared to a year ago, Old Orchard Beach, Maine apartments have recorded a Infinity% rent increase.
Old Orchard Beach, Maine Average apartment rent trend
Old Orchard Beach, Maine Average Apartment Rent
Old Orchard Beach, Maine Apartment rent ranges
At 69.44%, apartments priced $1,500 - $2,000 represent the bulk of Old Orchard Beach, Maine rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 30.56%.
Old Orchard Beach, Maine Housing tenure**
Renters take up 29% of Old Orchard Beach, Maine real estate, occupying a total of 1,531 units, while homeowners live in 3,693 properties.
Median number of rooms of renter-occupied housing units**
3.6
Renter median household income**
$29,812
Average household size of renter-occupied housing units**
1.51
Rental vacancy rate**
9.6%
Old Orchard Beach, Maine Renter-occupied housing units by no. of bedrooms**
There are 680 rentals in Old Orchard Beach, Maine with 2 beds making up the highest share of the market, at 44%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 32 units. Overall, the median number of rooms in Old Orchard Beach, Maine homes for rent is 3.6.
Old Orchard Beach, Maine Renter-occupied units by age of householder**
Most condos for rent in Old Orchard Beach, Maine are occupied by residents in the 65 - 74 years age group (31%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Old Orchard Beach, Maine Renter-occupied housing units by family type**
Old Orchard Beach, Maine Renter-occupied housing units by the presence of own children**
A total of 308 apartments for rent in Old Orchard Beach, Maine, or 20% of all rentals are family households. Additionally, 6% of rental homes include children under the age of 18 – that’s 96 units. All in all, the median size of a renter-occupied household in Old Orchard Beach, Maine is 1.51.
Old Orchard Beach, Maine Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 39% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Old Orchard Beach, Maine.
Old Orchard Beach, Maine Renter-occupied units by year structure built**
The highest share of Old Orchard Beach, Maine apartment rentals, namely 37% or 561 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (19%, 287 units), and the ones Built 1939 or earlier (15%, 237 units).
Old Orchard Beach, Maine Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Old Orchard Beach, Maine renters (50%) moved in 2010 to 2017, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their Old Orchard Beach, Maine condos for rent is 2014.
Old Orchard Beach, Maine Renter-occupied housing units by vehicles available**
When it comes to transportation options, 73% of Old Orchard Beach, Maine renters have 1 vehicle available per household, 16% of them have 2 vehicles available, and 9% have No vehicle available.
Old Orchard Beach, Maine Means of transportation to work of householders living in renter-occupied housing units**
Old Orchard Beach, Maine Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Old Orchard Beach, Maine apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
