Last updated on June 16, 2026

Average rent in
Cape Elizabeth, ME

Median rent

Median rent in Cape Elizabeth

$2,650/mo

decreased by32%

vs previous year

The average rent in Cape Elizabeth is $2,650 per month as of June 2026. This is 36% above the national average rent, or $700 more per month.

$3.48

average price per square foot

Total rentals

Available rentals in Cape Elizabeth

14

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Cape Elizabeth rentals at each price point

85%64%43%21%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Cape Elizabeth, ME, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Cape Elizabeth, ME

Average rent prices in Cape Elizabeth have remained the same over the last month and have decreased by 32% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Cape Elizabeth, ME

Rent prices in Cape Elizabeth vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Cape Elizabeth is $2,200, whereas a house costs $3,650. 1-bedroom apartments in Cape Elizabeth run $1,950 on average, while 2-bedroom apartments are $2,200.

Listings

Studio

$1,250

No Change

-

1 bedroom

$1,950

No Change

-

2 bedroom

$2,350

16%

-

3 bedroom

$2,850

11%

26%

4 bedroom

$4,000

No Change

-

Studio

Average rent

$1,250

1 bedroom

Average rent

$1,950

2 bedroom

Average rent

$2,350

Last 30 days

16%

3 bedroom

Average rent

$2,850

Last 30 days

11%

Last year

26%

4 bedroom

Average rent

$4,000

The table above reflects average rent prices in Cape Elizabeth, ME, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Cape Elizabeth, ME compare to other cities?

Compare median rent prices in Cape Elizabeth and Auburn by all bedroom counts and property types.

Cape Elizabeth

Median rent price$2,650
increased by36%

higher than the national median

Median rent price$1,600
decreased by18%

lower than the national median

Takeaway

The median rent for all rentals in Cape Elizabeth, ME is 66% higher than the median rent in Auburn, ME.

Discover rentals in Cape Elizabeth, ME

1235 Shore Rd #1 - Photo 1 of 1

5d+ ago

House for rent in Cape Elizabeth

1235 Shore Road - 1

1235 Shore Rd #1, Cape Elizabeth, ME 04107

3 beds

2.5 baths

$4,250

House for rent

Available Jun 1

9 & 11 Oakview Dr. - Photo 1 of 1

4d ago

8.6

Very good

9 & 11 Oakview Dr.

9 9 & 11 Oakview Dr., Cape Elizabeth, ME 04107

2 beds

1 bath

$2,900

Apartment for rent

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Frequently asked questions for Cape Elizabeth, ME

Quick answers to common questions about the Cape Elizabeth rental market.

How much is rent in Cape Elizabeth?

The average rent in Cape Elizabeth is $2,650 per month as of June 13, 2026.

Is rent up or down in Cape Elizabeth?

Average rent prices in Cape Elizabeth have remained the same over the last month and have decreased by 32% since last year.

How does Cape Elizabeth rent compare to the national average?

Rent in Cape Elizabeth is 36% above the national average, which means renters are paying approximately $700 more per month.

What salary do I need to afford rent in Cape Elizabeth?

To comfortably afford rent in Cape Elizabeth, you'd need to earn approximately $106,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Auburn