Last updated on October 30, 2026

Average rent in
Cape Elizabeth, ME

Median rent

Median rent in Cape Elizabeth

$2,775/mo

decreased by26%

vs previous year

The average rent in Cape Elizabeth is $2,775 per month as of October 2026. This is 46% above the national average rent, or $875 more per month.

$2.18

average price per square foot

Total rentals

Available rentals in Cape Elizabeth

16

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Cape Elizabeth rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Cape Elizabeth, ME

Average rent prices in Cape Elizabeth have increased by 19% over the last month and have decreased by 26% 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 $2,638, whereas a house costs $2,825. 1-bedroom apartments in Cape Elizabeth run $1,700 on average, while 2-bedroom apartments are $2,456.

Listings

Studio

$1,500

-

-

1 bedroom

$1,810

No Change

-

2 bedroom

$2,638

4%

-

3 bedroom

$2,850

27%

23%

4 bedroom

$3,000

No Change

12%

Studio

Average rent

$1,500

1 bedroom

Average rent

$1,810

2 bedroom

Average rent

$2,638

Last 30 days

4%

3 bedroom

Average rent

$2,850

Last 30 days

27%

Last year

23%

4 bedroom

Average rent

$3,000

Last year

12%

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$2,775
increased by46%

higher than the national median

Median rent price$1,800
decreased by5%

lower than the national median

Takeaway

The median rent for all rentals in Cape Elizabeth, ME is 54% higher than the median rent in Auburn, ME.

Discover rentals in Cape Elizabeth, ME

9 & 11 Oakview Drive - Photo 1 of 1

15h ago

8.6

Very good

9 & 11 Oakview Drive

9 9 & 11 Oakview Drive, Cape Elizabeth, ME 04107

2 beds

1 bath

$2,600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
31 Longfellow Dr - Photo 1 of 1

5d+ ago

Apartment for rent in Cape Elizabeth

3 beds

0 baths

$2,600

Price dropped $400Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $2,775 per month as of October 24, 2026.

Is rent up or down in Cape Elizabeth?

Average rent prices in Cape Elizabeth have increased by 19% over the last month and have decreased by 26% since last year.

How does Cape Elizabeth rent compare to the national average?

Rent in Cape Elizabeth is 46% above the national average, which means renters are paying approximately $875 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 $111,000/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