States › Maine › Presque Isle

Is Presque Isle, ME expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,30426% lower than U.S. average
💵 Families earn per year (2026)$60,146about $5,012/month · 31% lower than U.S. average
🔑 House price$147,20056% lower than U.S. average

Rent is lower than in 69% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 14.4 minutes.

How much money do I need?

To rent here comfortably, you should earn about $52,160 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other Maine cities?

Yes. Rent here is cheaper than in most of Maine. It is number 11 of 34 cities from cheapest to most expensive.

Presque Isle
$1,304
$1,111
$1,122
$1,333
$1,866
$1,091

How much do households earn in Presque Isle?

Under $25k
20.7%
$25k–50k
28.3%
$50k–100k
33.4%
$100k–150k
11.9%
$150k+
2.9%

Share of households by yearly income. 14.9% of households earn $100,000 or more.

Rent by apartment size in Presque Isle

SizePresque IsleU.S. average
Studio$1,045$1,338
1 bedroom$840$1,324
2 bedrooms$995$1,509
3 bedrooms$1,149$1,698
4 bedrooms$1,355$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Presque Isle overall?

Everyday prices in Maine overall are 3% below the U.S. average (index 97.0, U.S. = 100).

Housing
79
Goods (food, clothes…)
97
Utilities
135
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Presque Isle, so the Maine figure is shown.

Taxes and bills in Presque Isle

🏛️ Property tax$2,401a year · 1.63% of home value · U.S. $3,119
⚡ Electric bill$122a month (typical) · U.S. $156

Life in Presque Isle

Commute to work14.4 minU.S.: 26.4 min
College degree26.2%U.S.: 35.7%
Own their home57.8%U.S.: 65.2%
Below poverty line15.5%U.S.: 12.5%
Unemployment3.6%U.S.: 5.2%

Is it cheaper to rent or buy in Presque Isle?

Buying is cheaper month to month: about $283 a month less than renting.

Renting
$1,304
Owning
$1,021

Owning assumes a typical $147,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,720 for the down payment.

Frequently asked questions

What is the average rent in Presque Isle, ME?

Renting in Presque Isle costs a median of about $1,304 a month in 2026, including utilities. The Maine median is $1,452.

How much do I need to make to live in Presque Isle?

To keep rent under 30% of income, you need about $52,160 a year, or $25 an hour at a full-time job.

Is Presque Isle cheap or expensive?

Presque Isle is rated OK: rent takes 26.0% of the typical household income of $60,146. It ranks 11th cheapest of 34 Maine cities we track.

How much are property taxes in Presque Isle?

The median homeowner in Presque Isle pays $2,401 a year in property taxes, about 1.63% of the median home value.

Is Presque Isle 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 Presque Isle?

The median home value in Presque Isle is $147,200, about 2.4 times the typical yearly household income.

8,736 people live in Presque Isle. Numbers are typical (middle) values.