# Summit Terrace > Summit Terrace, Portland, ME: 1 unit from $2,425/mo. See this building's full price history, tracked daily for every unit. Prices verified November 4, 2026. Canonical: https://average-rent.com/city/portland-me/summit-terrace-portland-me/ ![Summit Terrace apartments in Portland, ME](https://average-rent.com/api/photo/p/11743?w=1200) Updated November 4, 2026 at 3:21 a.m. ET 3.5 (26 reviews) [Official Website](https://www.summitterraceapartments.com/) Live pricing, refreshed November 4, 2026 at 3:21 a.m. ET 1 Units Listed $2,425 Starting at $2,425 Average $2,425 Highest $2.69 Per Sq Ft How does this compare? [View Pleasantdale rent trends](https://average-rent.com/city/portland-me/trends/04106/) ## Price History Lines hold the last known price between updates. Diamond markers show changes in quote terms. Timeframe ### Property Price Trend ### Recorded building rent history | Date or category | Average monthly rent (USD) | | --- | --- | | 2026-06-13 | 2,499 | | 2026-06-18 | 2,468 | | 2026-06-28 | 2,468 | | 2026-06-29 | 2,468 | | 2026-06-30 | 2,468 | | 2026-07-01 | 2,468 | | 2026-07-02 | 2,468 | | 2026-07-03 | 2,468 | | 2026-07-05 | 2,468 | | 2026-07-06 | 2,468 | | 2026-07-07 | 2,445 | | 2026-07-11 | 2,445 | | 2026-07-12 | 2,443 | | 2026-07-13 | 2,443 | | 2026-07-15 | 2,443 | | 2026-07-16 | 2,443 | | 2026-07-17 | 2,443 | | 2026-07-18 | 2,443 | | 2026-07-19 | 2,443 | | 2026-07-20 | 2,443 | | 2026-07-21 | 2,443 | | 2026-07-22 | 2,443 | | 2026-07-23 | 2,443 | | 2026-07-24 | 2,443 | | 2026-07-25 | 2,443 | | 2026-07-27 | 2,443 | | 2026-07-29 | 2,443 | | 2026-07-30 | 2,431 | | 2026-08-02 | 2,431 | | 2026-08-03 | 2,431 | | 2026-08-05 | 2,162 | | 2026-08-06 | 2,162 | | 2026-08-07 | 2,162 | | 2026-08-08 | 2,162 | | 2026-08-09 | 2,172 | | 2026-08-10 | 2,172 | | 2026-08-11 | 2,172 | | 2026-08-12 | 2,172 | | 2026-08-13 | 2,172 | | 2026-08-14 | 2,172 | | 2026-08-15 | 2,172 | | 2026-08-16 | 2,172 | | 2026-08-17 | 2,197 | | 2026-08-20 | 2,197 | | 2026-08-21 | 2,197 | | 2026-08-22 | 2,235 | | 2026-08-23 | 2,235 | | 2026-08-24 | 2,235 | | 2026-08-25 | 2,235 | | 2026-08-26 | 2,220 | | 2026-08-27 | 2,220 | | 2026-08-29 | 2,220 | | 2026-08-30 | 2,223 | | 2026-09-03 | 2,209 | | 2026-09-04 | 2,209 | | 2026-09-05 | 2,209 | | 2026-09-06 | 2,209 | | 2026-09-07 | 2,209 | | 2026-09-08 | 2,233 | | 2026-09-09 | 2,233 | | 2026-09-10 | 2,233 | | 2026-09-11 | 2,233 | | 2026-09-12 | 2,233 | | 2026-09-13 | 2,249 | | 2026-09-14 | 2,249 | | 2026-09-15 | 2,249 | | 2026-09-16 | 2,249 | | 2026-09-17 | 2,362 | | 2026-09-18 | 2,362 | | 2026-09-19 | 2,349 | | 2026-09-20 | 2,349 | | 2026-09-21 | 2,349 | | 2026-09-22 | 2,349 | | 2026-09-23 | 2,349 | | 2026-09-24 | 2,349 | | 2026-09-25 | 2,349 | | 2026-09-26 | 2,349 | | 2026-09-27 | 2,349 | | 2026-09-28 | 2,349 | | 2026-10-01 | 2,349 | | 2026-10-04 | 2,349 | | 2026-10-05 | 2,349 | | 2026-11-01 | 2,425 | | 2026-11-04 | 2,425 | | 2026-11-08 | 2,425 | ## Estimated Building Revenue Est. Monthly Revenue $49K $586K annual run rate Modeled estimate Est. Occupancy 95% of about 22 units (modeled from leasing activity) Effective Rent on New Leases $2,326 vs $2,425 current asking ($99 negotiation gap) ### Recent Lease Activity 22 units tracked; 21 assumed leased, 1 listed now See which units leased, when they left the market, and the rent they leased at. [Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/) ## Property Intelligence How is this calculated? Negotiation Leverage Score (0-100) Based on 5 observable signals from the property's listing data: - +30 pts: 15+ units currently listed - +25 pts: Active move-in specials - +20 pts: Deep discounts (>$150/mo off) - +15 pts: 5+ distinct floor plans - +10 pts: 25+ units listed All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it. Listed Units 1 Limited availability 1 floor plan Move-in Specials 0 No active promotions Negotiation Leverage Limited leverage The available listings show few signs of room to negotiate. ### Price vs. Portland, ME Similar [Princeton on Back Cove](https://average-rent.com/city/portland-me/princeton-on-back-cove-portland-me/): $1,825 [Foreside Estates](https://average-rent.com/city/portland-me/foreside-estates-portland-me/): $2,000 [Summit Terrace at Woodlands](https://average-rent.com/city/portland-me/summit-terrace-at-woodlands-portland-me/): $2,250 Summit Terrace $2,425 Comparing this building against 3 similar Portland, ME apartments by price. Click any bar to view that building. [See rent trends on the Portland, ME map](https://average-rent.com/city/portland-me/rent-map/) [Explore Portland, ME on the interactive map](https://average-rent.com/search/#city=portland-me) ## Available Units Sort 1 units Select a unit to see its price history and link to the rental site. 2 Bed $2,425/mo 900 ft² · $2.69/ft² Available: Contact for availability | Unit | Floor Plan | Bed/Bath | Sqft | Price | $/Sqft | Available | Details | | --- | --- | --- | --- | --- | --- | --- | --- | | -- | | 2bd / --ba | 900 | $2,425 | $2.69 | -- | | City Club ## Resident Notes & Access Codes Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. [See all Portland, ME notes](https://average-rent.com/city/portland-me/resident-access/) No resident notes for this property yet. ## Similar Apartments in Portland, ME [Summit Terrace at Woodlands](https://average-rent.com/city/portland-me/summit-terrace-at-woodlands-portland-me/): ![Summit Terrace at Woodlands apartments](https://average-rent.com/api/photo/p/11741?w=640) From $2,250/mo 3.7 rating 2 units 0.9 mi away · 7% below [Princeton on Back Cove](https://average-rent.com/city/portland-me/princeton-on-back-cove-portland-me/): ![Princeton on Back Cove apartments](https://average-rent.com/api/photo/p/11739?w=640) From $1,825/mo 3.9 rating 1 unit 2.6 mi away · 25% below [Foreside Estates](https://average-rent.com/city/portland-me/foreside-estates-portland-me/): ![Foreside Estates apartments](https://average-rent.com/api/photo/p/11745?w=640) From $2,000/mo 4.6 rating 4 units 5.0 mi away · 18% below ### Pleasantdale Rent Trends See how rent prices are changing in Pleasantdale and across Portland, ME. [View Trends](https://average-rent.com/city/portland-me/trends/04106/)