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Millinocket, ME Home Values and Rents

The typical home value in Millinocket is $161,521, 98th highest of 103 cities and towns in Maine. Median rent is $451 a month.

Typical home value
$161,521
98th of 103 in ME
Median rent
$451/mo
ACS 2020-2024
Price change, 1 year
-0.9%
Sep 2026
Homeownership
83.5%
ME: 74.3%

Typical home value in Millinocket

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMillinocket
Sep 2026$161,521
Dec 2025$158,760
Dec 2024$164,925
Dec 2023$161,085
Dec 2022$150,725
Dec 2021$126,005
Dec 2020$118,229
Dec 2019$91,821
Dec 2018$96,171
Dec 2017$79,580
Dec 2016$81,548
Dec 2015$75,767
Dec 2014$75,017
Dec 2013$77,871
Dec 2012$74,115

Over five years, Millinocket prices changed +30.5%.

Source: Zillow Research · Last updated 09/01/2026

Fair Market Rents, FY2027

HUD rent standard for Penobscot County, ME (part) HUD Metro FMR Area

ME rents
Unit sizeMonthly rent
Studio$1,042
1 bedroom$1,144
2 bedrooms$1,496
3 bedrooms$2,039
4 bedrooms$2,096

Frequently asked questions

What is the typical home value in Millinocket, ME?
The typical home value in Millinocket is $161,521 (Zillow Home Value Index, Sep 2026). The Maine median is $296,600.
How much is rent in Millinocket?
The median rent in Millinocket is $451 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,496.
Are home prices going up in Millinocket?
The typical home value in Millinocket changed -0.9% over one year and +30.5% over five years, as of Sep 2026.
How does Millinocket compare with the rest of Maine?
Millinocket has the 98th highest median home value of 103 cities and towns with 1,000+ residents in Maine.