Average Rent in Portland, ME and Rent Price Trends

Rent price trends in
Portland, ME

Rent price trends

Rent prices for all bedroom counts and property types in Portland, ME have increased by 2% in the last month and have decreased by 4% in the last year.

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

Rent comparables in
Portland, ME
The monthly rent for an apartment in Portland, ME is $1,917. A 1-bedroom apartment in Portland, ME costs about $1,700 on average, while a 2-bedroom apartment is $2,060. Houses for rent in Portland, ME are more expensive, with an average monthly cost of $3,025.


1 bedroom	$1,720	No Change	3%
2 bedroom	$2,200	6%	11%
3 bedroom	$2,740	2%	3%
4 bedroom	$3,600	37%	4%
Studio	$1,495	6%	17%

		Comparables
Back Cove	$1,800
Downtown Portland	$2,477
East Deering	$2,197
East End	$2,350
Libbytown	$2,450
North Deering	$1,800
Oakdale	$1,925
Parkside	$1,800
Riverton	$1,900
West End	$1,908


Apartments	$1,917	1%	No Change
Condos	$2,500	4%	No Change
Houses	$3,025	9%	No Change
Rooms	$1,250	No Change	-

Studio

Average rent

$1,495

Last 30 days

Last year

17%

1 bedroom

Average rent

$1,720

Last 30 days

No Change

Last year

2 bedroom

Average rent

$2,200

Last 30 days

Last year

11%

3 bedroom

Average rent

$2,740

Last 30 days

Last year

4 bedroom

Average rent

$3,600

Last 30 days

37%

Last year

The table above reflects average rent prices in Portland, 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.

Compare rent prices in Portland, ME to other cities

Median rent prices in Portland, ME for all bedroom counts and property types compared to Biddeford, ME.

Portland

Median rent price$2,013

higher than the national median

Median rent price$1,900

Equal to the the national median

Takeaway

The median rent for all rentals in Portland, ME is 6% higher than the median rent in Biddeford, ME.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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

Average rent in
Nearby cities
Explore rent trends in other markets

Biddeford

$1,900

Last year

Brunswick

$2,050

Flat

Last year

Buxton

$2,300

24%

Last year

Cape Elizabeth

$2,050

Flat

Last year

Falmouth

$2,400

20%

Last year

Kennebunk

$2,600

28%

Last year

Old Orchard Beach

$1,850

Last year

Saco

$2,250

54%

Last year

Scarborough

$2,300

26%

Last year

South Portland

$1,955

Last year

Westbrook

$2,175

Last year

Windham

$2,272

26%

Last year

Cost of living in
Portland, ME

The overall cost of living in Portland, ME is 12% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.