Last updated on October 30, 2026

Average rent in
Portland, ME

Key takeaways for renters

  • The bottom line

    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.

  • Rent ranges by bedroom

    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.

  • Neighborhood spotlight

    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

Median rent in Portland

$2,397/mo

increased by19%

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.

$3.18

average price per square foot

Total rentals

Available rentals in Portland

84

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Portland 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 Portland, ME

Average rent prices in Portland have decreased by 4% over the last month and have increased by 19% 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 Portland, ME

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

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%

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.

How does rent in Portland, ME compare to other cities?

Compare median rent prices in Portland and Biddeford by all bedroom counts and property types.

Portland

Median rent price$2,397
increased by26%

higher than the national median

Median rent price$1,797
decreased by5%

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.

Cost of living in Portland, ME

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 & Services2% higher
Groceries2% higher
Health15% higher
Housing35% higher
Transportation1% higher
Utilities22% higher

Discover rentals in Portland, ME

4d ago

7.9

Very good

121 Dartmouth ST #1-3

121 Dartmouth St, Portland, ME 04103

1–2 beds

1 bath

$1,080–$1,519

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.
576-578 Washington Ave - Photo 1 of 1

1d ago

8.2

Very good

576-578 Washington Ave

576 & 578 Washington Ave, Portland, ME 04103

2–3 beds

1 bath

$1,320–$1,629

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.
12 Gilman Street, LLC - Photo 1 of 1

6h ago

8.6

Very good

12 Gilman Street, LLC

12 Gilman St, Portland, ME 04102

1–2 beds

1 bath

$1,648–$1,885

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.
Forest Glen, LLC - Photo 1 of 1

4d ago

9.1

Excellent

Forest Glen, LLC

1500 Forest Cir, Portland, ME 04103

2 beds

1 bath

$1,650

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.

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 Portland, ME

Quick answers to common questions about the Portland rental market.

How much is rent in Portland?

The average rent in Portland is $2,397 per month as of October 24, 2026.

Is rent up or down in Portland?

Average rent prices in Portland have decreased by 4% over the last month and have increased by 19% since last year.

How does Portland rent compare to the national average?

Rent in Portland is 26% above the national average, which means renters are paying approximately $497 more per month.

Which neighborhoods are most affordable in Portland?

The most affordable neighborhoods in Portland are Parkside ($1,801/mo), Downtown Portland ($2,237/mo), and Valley Street ($2,250/mo).

What salary do I need to afford rent in Portland?

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.

When is the best time of year to rent in Portland?

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.

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).

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