Rent is higher than in 55% of U.S. cities. A typical house costs about 5.7 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $70,160 a year. That is $34 an hour at a full-time job.
Is rent cheaper than other Maine cities?
No. Rent here is more expensive than in most of Maine. It is number 24 of 34 cities from cheapest to most expensive.
How much do households earn in Old Orchard Beach?
Share of households by yearly income. 18.3% of households earn $100,000 or more.
Rent by apartment size in Old Orchard Beach
| Size | Old Orchard Beach | U.S. average |
|---|---|---|
| 1 bedroom | $957 | $1,324 |
| 2 bedrooms | $1,756 | $1,509 |
| 3 bedrooms | $2,039 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Old Orchard Beach overall?
Everyday prices in Maine overall are 3% below the U.S. average (index 97.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Old Orchard Beach, so the Maine figure is shown.
Taxes and bills in Old Orchard Beach
Life in Old Orchard Beach
Is it cheaper to rent or buy in Old Orchard Beach?
Renting is cheaper right now: about $790 a month less.
Owning assumes a typical $366,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,660 for the down payment.
Frequently asked questions
What is the average rent in Old Orchard Beach, ME?
Renting in Old Orchard Beach costs a median of about $1,754 a month in 2026, including utilities. The Maine median is $1,452.
How much do I need to make to live in Old Orchard Beach?
To keep rent under 30% of income, you need about $70,160 a year, or $34 an hour at a full-time job.
Is Old Orchard Beach cheap or expensive?
Old Orchard Beach is rated Expensive: rent takes 32.5% of the typical household income of $64,764. It ranks 24th cheapest of 34 Maine cities we track.
How much are property taxes in Old Orchard Beach?
The median homeowner in Old Orchard Beach pays $3,426 a year in property taxes, about 0.93% of the median home value.
Is Old Orchard Beach more expensive than the national average?
Overall prices in Maine are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Old Orchard Beach?
The median home value in Old Orchard Beach is $366,600, about 5.7 times the typical yearly household income.
9,244 people live in Old Orchard Beach. Numbers are typical (middle) values.