Average Rent in Portland, ME
5 apartment buildings, 88 units. Daily asking prices with rent history for every building.
Avg Rent
$2,253/mo
median $2,225
market average
Cheapest
$1,350/mo
Port Property
Properties
5
tracked daily
Units
88
available now
Portland, ME Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 5 properties in Portland, ME.
Average rent trend
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Portland, ME Rent Prices
All 5 properties ranked by lowest available rent.
Port Property
511 Congress St #103, Portland, ME 04101, USA
Princeton on Back Cove
100 Forest Park, Portland, ME 04101, USA
Summit Terrace
111 Summit Terrace, South Portland, ME 04106, USA
Summit Terrace at Woodlands
60 Woodland Rd, Cape Elizabeth, ME 04107, USA
Foreside Estates
100 Clearwater Dr, Falmouth, ME 04105, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Port Property 511 Congress St #103, Portland, ME 04101, USA | $1,350 | $2,214 | -- | 3.9 (326) | 68 |
| 2 | Princeton on Back Cove 100 Forest Park, Portland, ME 04101, USA | $1,666 | $1,666 | $3.33 | 3.9 (36) | 1 |
| 3 | Summit Terrace 111 Summit Terrace, South Portland, ME 04106, USA | $2,086 | $2,443 | $2.60 | 3.5 (26) | 13 |
| 4 | Summit Terrace at Woodlands 60 Woodland Rd, Cape Elizabeth, ME 04107, USA | $2,100 | $2,267 | $2.83 | 3.7 (9) | 3 |
| 5 | Foreside Estates 100 Clearwater Dr, Falmouth, ME 04105, USA | $2,300 | $2,500 | $2.50 | 4.6 (35) | 3 |
Rent & Price History by Building
Port Property
3.9 (326)511 Congress St #103, Portland, ME 04101, USA
Princeton on Back Cove
3.9 (36)100 Forest Park, Portland, ME 04101, USA
Summit Terrace
3.5 (26)111 Summit Terrace, South Portland, ME 04106, USA
Summit Terrace at Woodlands
3.7 (9)60 Woodland Rd, Cape Elizabeth, ME 04107, USA
Foreside Estates
4.6 (35)100 Clearwater Dr, Falmouth, ME 04105, USA
By Area
Portland, ME neighborhoods
Tracked buildings across 4 named neighborhoods. Pick one to see its apartments.
Portland, ME Average Rent Prices 2026
The average rent in Portland, ME is $2,253 per month, based on 88 units across 5 apartment communities. Prices range from $1,350 at Port Property to $4,113 at Port Property.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $2,151/mo | $1,350/mo | 31 |
| 1 Bed | $2,158/mo | $1,495/mo | 34 |
| 2 Bed | $2,463/mo | $2,015/mo | 20 |
| 3 Bed | $2,633/mo | $1,666/mo | 2 |
| 4 Bed | $3,695/mo | $3,695/mo | 1 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
What salary do I need to live comfortably in Portland, ME?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$90,000/year
Based on the 30 percent rule, using our tracked average rent of $2,253/mo.
Comfortable income
$108,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,350/mo), you need to earn at least $54,000/year.
Cost of living in Portland, ME
We only have live rent data for Portland, ME so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,253 |
| Estimated total | $2,253/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Compare
Nearby cities in Maine
How Portland, ME rent compares to other markets in the state.
| City | Avg Rent | vs Portland, ME | 30-Day Change | Properties |
|---|---|---|---|---|
| Lewiston, ME | $1,758 | -22% | -5.2% | 6 |
Frequently asked questions
What is the average rent in Portland, ME?
The average rent in Portland, ME is $2,253 per month, based on 88 units across 5 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Portland, ME?
The median asking rent in Portland, ME is $2,225 per month, computed from 88 live listed units and refreshed daily. The average is $2,253/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Portland, ME?
The lowest available rent in Portland, ME starts at $1,350 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Portland, ME?
1-bedroom apartments in Portland, ME average $2,158/mo. The lowest listed 1-bedroom starts at $1,495/mo across 34 units tracked.
How much is a 2-bedroom apartment in Portland, ME?
2-bedroom apartments in Portland, ME average $2,463/mo. Units start from $2,015/mo across 20 units currently listed.
Rent Trends in Portland, ME
Track how apartment prices are changing over time.
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