Experienced property managers in Old Town, Maine
Complete property management for Old Town rental owners
Old Town sits on Marsh Island between the Penobscot and Stillwater Rivers, about 13 miles north of Bangor. It’s the home of Old Town Canoe, which has been building watercraft on the Penobscot since 1898, and it borders Indian Island, seat of the Penobscot Nation’s tribal government. Healthcare and education are the two largest employment sectors. The University of Maine in neighboring Orono is just three miles south, and many UMaine employees live in Old Town for the lower housing costs.
Median home prices sit around $165,200 and rents average $920 per month, making Old Town one of the more affordable communities in the greater Bangor area. That affordability draws a mix of young professionals, university-connected renters, and families. LaBree’s Bakery, the James W. Sewall Company, and Nine Dragons Paper also provide local jobs. Old Town has the kind of walkable density and downtown character that smaller surrounding towns can’t match.
Own a rental property in Old Town? Schedule a call with our family owned and operated property management company today.
Old Town, Maine at-a-glance
- Old Town is served by RSU 34, which includes Old Town Elementary School, Leonard Middle School, and Old Town High School (Niche grade B-). Indian Island School serves students of the Penobscot Nation.
- Old Town has an overall Niche rating of B, and is rated the seventh best place to live in Penobscot County.
- Our rentable apartments and homes in Old Town typically stay on the market for less than two weeks, signaling high demand.
- The median home price is $165,200 and the median rent is $920 per month, according to Niche.
- Major employers like Old Town Canoe (Johnson Outdoors), LaBree’s Bakery, and the nearby University of Maine keep rental demand strong for working families and university-connected tenants.
Bangor Home Rentals for Old Town Property Investors
Bangor Home Rentals has been taking great care of investment properties across Maine for 15+ years, and we’d love to add your properties to our roster. We are a family owned-and-operated property management company focused on the Maine market. We manage hundreds of units across central and eastern Maine with great reviews from both tenants and property owners.
No leasing fees
Leasing is included in your monthly management fee, saving you thousands over time. We don’t charge extra to place tenants!
In-house maintenance
Our in-house maintenance, landscaping, and snowplowing team works around the clock to keep tenants happy with a 24/7 emergency maintenance line.
Family owned and operated
We're a second generation family business that's been around Old Town for 15+ years with no plans to leave!
