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527 Penobscot Ave
527 Penobscot Ave, Millinocket, ME 04462, USA

Apartment for rent
Monthly rent
$1,020–$1,340
Beds1–2
Baths1
Sqft525–800
modified
Updated 9 Hours Ago

Units

527 Penobscot Ave Millinocket, ME

New Listing

5

1 Bed

1 Bath

$1,020

Listed on 07/09/2026
Days on market: 12
Located near town, but with a huge back yard and countryside views, this apartment is getting new paint and flooring prior to move-in. Reach out today to schedule your showing and apply! Off street parking available. Section 8 and Housing Tenants Preferred- Voucher Compliant Tenant pays electric. Contact John at 207-949-S776

Available

8

2 Beds

1 Bath

$1,340

Listed on 04/30/2026
Days on market: 82
Located in the heart of the Katahdin Region, this 2 bedroom 1 bath apartment is ready to be filled. Reach out to us today to apply and schedule a showing! Off street parking available. Section 8 and Housing Tenants Preferred- Voucher Compliant Tenant pays electric. Contact John at 207-949-S776

Policies at 527 Penobscot Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 527 Penobscot Ave

Home 527 Penobscot Ave #5, Millinocket, ME 04462, USA

Interested in leasing 527 Penobscot Ave, Millinocket, ME 04462, USA? Currently, 527 Penobscot Ave, Millinocket, ME 04462, USA is available to rent or lease. It is a 1-bedroom apartment with 1 bathroom. Below, you can compare the rent price at 527 Penobscot Ave, Millinocket, ME 04462, USA vs overall rent prices in Millinocket, ME. We have compiled nearby businesses and things to do close to 527 Penobscot Ave, Millinocket, ME 04462, USA.

Address details

Units2
Units available2
City
Zip code04462

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 527 Penobscot Ave, Millinocket, ME 04462, USA compares to other nearby properties.

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Millinocket

If you decide to upgrade your space, you can expect 2-bedrooms at 527 Penobscot Ave #5 to be 13% more than the average for similarly sized apartments in Millinocket.

Median rents as of Jul 18 2026.
Millinocket
A table of 2-bedroom apartment rental data trends in Millinocket
MonthMedian Rent
October 2025$1,000
May 2026$1,204
June 2026$1,280
July 2026$1,198

Affordability calculator

Can I afford to live at 527 Penobscot Ave?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$40,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $40,800 annually to afford this 1-bedroom monthly rent price of $1,020.
For more information on rent affordability, visit our rent calculator.

Schools near 527 Penobscot Ave #5

Granite Street School

191 granite st

millinocket, ME, 4462

PK, K-5Public
C
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Millinocket near 527 Penobscot Ave

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Points of interest for 527 Penobscot Ave, Millinocket

Groceries

5/10
Variety of groceries within a short drive

Shopping

3/10
Some shops within a short drive

Cafes

2/10
Few or no cafés within a short drive

Restaurants

3/10
Some restaurants within a short drive

Primary schools

4/10
At least one elementary school within a 20-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

2/10
Few or no bars within a short drive

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