Bedroom count
Property type
Last updated on October 30, 2026
Last updated on October 30, 2026
Bedroom count
Property type
Portland, ME rent rose 19.4% year over year, with a current median of $2,398/month. Renters today are paying $390 more per month on average than last year despite a 4.0% month-over-month decline from the recent peak of $2,500/month in September 2026.
Portland runs 26.2% more expensive than the $1,900/month national median, placing it among pricier coastal metros with a small total rental inventory of 84 units.
Studios in Portland sit around $1,422/month, 1-bedrooms around $1,875/month, and 2-bedrooms around $2,550/month, with 3-bedrooms at $2,787/month and 4+ bedrooms at $3,000/month. These bedroom tiers represent the range most renters encounter in the market.
Back Cove rents climbed 88.0% year over year to $2,850/month across 17 rentals, while Oakdale rose 60.1% to $2,730/month. These gains far exceed the citywide 19.4% rise, showing strong local demand in these neighborhoods.
Median rent in Portland
$2,397/mo
vs previous year
The average rent in Portland is $2,397 per month as of October 2026. This is 26% above the national average rent, or $497 more per month.
average price per square foot
Available rentals in Portland
84
for rent on Zumper.com as of October 2026
Share of Portland rentals at each price point
Average rent prices in Portland have decreased by 4% over the last month and have increased by 19% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Portland vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Portland is $2,150, whereas a house costs $2,784. 1-bedroom apartments in Portland run $1,826 on average, while 2-bedroom apartments are $2,427.
Listings | ||||
|---|---|---|---|---|
Studio | $1,422 | 13% | 5% | |
1 bedroom | $1,875 | 5% | 9% | |
2 bedroom | $2,550 | No Change | 19% | |
3 bedroom | $2,787 | No Change | No Change | |
4 bedroom | $3,000 | 13% | No Change |
Listings | ||
|---|---|---|
Back Cove | $2,850 | |
Downtown Portland | $2,237 | |
East Bayside India Street | $2,427 | |
East Deering | $2,723 | |
East End | $2,784 | |
North Deering | $2,400 | |
Oakdale | $2,730 | |
Parkside | $1,801 | |
Valley Street | $2,250 | |
West End | $2,600 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,150 | 7% | 13% | |
Condos | $2,665 | 2% | 5% | |
Houses | $2,784 | 11% | 6% | |
Rooms | $1,250 | - | - |
Studio
Average rent
$1,422
Last 30 days
13%
Last year
5%
1 bedroom
Average rent
$1,875
Last 30 days
5%
Last year
9%
2 bedroom
Average rent
$2,550
Last year
19%
3 bedroom
Average rent
$2,787
Last year
No Change
4 bedroom
Average rent
$3,000
Last 30 days
13%
Downtown Portland
Average rent
$2,237
Parkside
Average rent
$1,801
East End
Average rent
$2,784
West End
Average rent
$2,600
Valley Street
Average rent
$2,250
East Bayside India Street
Average rent
$2,427
East Deering
Average rent
$2,723
North Deering
Average rent
$2,400
Back Cove
Average rent
$2,850
Oakdale
Average rent
$2,730
Apartments
Average rent
$2,150
Last 30 days
7%
Last year
13%
Condos
Average rent
$2,665
Last 30 days
2%
Last year
5%
Houses
Average rent
$2,784
Last 30 days
11%
Last year
6%
Rooms
Average rent
$1,250
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 median rent prices in Portland and Biddeford by all bedroom counts and property types.
Portland
higher than the national median
lower than the national median
Takeaway
The median rent for all rentals in Portland, ME is 33% higher than the median rent in Biddeford, ME.
Explore rent trends in neighboring markets
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 2% higher |
| Groceries | 2% higher |
| Health | 15% higher |
| Housing | 35% higher |
| Transportation | 1% higher |
| Utilities | 22% higher |
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Portland rental market.
The average rent in Portland is $2,397 per month as of October 24, 2026.
Average rent prices in Portland have decreased by 4% over the last month and have increased by 19% since last year.
Rent in Portland is 26% above the national average, which means renters are paying approximately $497 more per month.
The most affordable neighborhoods in Portland are Parkside ($1,801/mo), Downtown Portland ($2,237/mo), and Valley Street ($2,250/mo).
To comfortably afford rent in Portland, you'd need to earn approximately $96,000/year, based on spending no more than 30% of your income on rent.
January offers the best rental deals in Portland, with rents running about 11.5% lower than December peak rates. May tends to be the most competitive month with higher demand relative to available inventory.
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).