Cheapest rent-to-own markets in Maine.
Rent-to-own works best where monthly carrying costs are reachable on a typical household income. This ranks Maine by estimated monthly payment on a median-priced home with a 10% option fee.
Last updated
Maine ranking
41 cities ranked. Click any row for the matching local page.
| # | City | Est. monthly payment | Score | |
|---|---|---|---|---|
| 1 | Houlton | $1,965/mo | 67 | View → |
| 2 | Old Town | $1,965/mo | 67 | View → |
| 3 | Belfast | $1,989/mo | 66 | View → |
| 4 | Presque Isle | $2,061/mo | 64 | View → |
| 5 | Skowhegan | $2,093/mo | 63 | View → |
| 6 | Farmington | $2,125/mo | 62 | View → |
| 7 | Lewiston | $2,182/mo | 61 | View → |
| 8 | Caribou | $2,270/mo | 58 | View → |
| 9 | Augusta | $2,342/mo | 56 | View → |
| 10 | Sanford | $2,326/mo | 56 | View → |
| 11 | Bath | $2,374/mo | 55 | View → |
| 12 | Waterville | $2,414/mo | 54 | View → |
| 13 | Biddeford | $2,422/mo | 54 | View → |
| 14 | Ellsworth | $2,438/mo | 53 | View → |
| 15 | Westbrook | $2,470/mo | 52 | View → |
| 16 | Gardiner | $2,478/mo | 52 | View → |
| 17 | Old Orchard Beach | $2,518/mo | 51 | View → |
| 18 | Auburn | $2,551/mo | 50 | View → |
| 19 | Bangor | $2,591/mo | 49 | View → |
| 20 | Orono | $2,647/mo | 47 | View → |
| 21 | Saco | $2,775/mo | 44 | View → |
| 22 | Brewer | $2,767/mo | 44 | View → |
| 23 | Buxton | $2,767/mo | 44 | View → |
| 24 | Portland | $2,879/mo | 41 | View → |
| 25 | Brunswick | $2,927/mo | 39 | View → |
| 26 | Wells | $2,944/mo | 39 | View → |
| 27 | Standish | $2,984/mo | 38 | View → |
| 28 | Topsham | $3,024/mo | 36 | View → |
| 29 | Kittery | $3,024/mo | 36 | View → |
| 30 | South Portland | $3,088/mo | 35 | View → |
| 31 | Windham | $3,136/mo | 33 | View → |
| 32 | Hampden | $3,473/mo | 24 | View → |
| 33 | Freeport | $3,577/mo | 21 | View → |
| 34 | Gorham | $3,641/mo | 19 | View → |
| 35 | Kennebunk | $3,649/mo | 19 | View → |
| 36 | York | $3,689/mo | 17 | View → |
| 37 | Kennebunkport | $3,689/mo | 17 | View → |
| 38 | Scarborough | $3,770/mo | 15 | View → |
| 39 | Yarmouth | $3,994/mo | 9 | View → |
| 40 | Falmouth | $4,034/mo | 8 | View → |
| 41 | Cape Elizabeth | $4,387/mo | 0 | View → |
Methodology
Estimated monthly payment = (median home price × 0.9) amortized at 8% over 30 years + 1.2% taxes + 0.5% insurance, divided by 12. Lower payment = better rent-to-own market.
FAQ
- What makes a Maine rent-to-own market 'cheap'?
- Low estimated monthly payment relative to local incomes. Sub-$1,500/month markets are the most accessible.
- Are option fees included?
- We assume 10% option fee credited toward purchase; the monthly payment estimate excludes that up-front amount.
- Does this guarantee a home at this price?
- No. Listings vary; this is a market-level estimate to compare cities side-by-side.
Other reports for Maine
Best Cities for Owner Financing
Cities With Most FSBO Activity
Investor Competition by Market
Estimated Owner-Finance Down Payment by City
Cities With Most Cash Buyers
Foreclosure Risk by City
Most Affordable Cities for Buyers
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