What's the average rent in Portland, ME?

Rental Market Trends in Portland, ME

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Portland, ME is $2,500 per month, which is 27% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,500
4.2%
$100 increase month-over-month
-6.5%
-$175 decrease year-over-year

AVAILABLE RENTALS

205

APARTMENTS

$2,197

HOUSES

$3,200

TOWNHOUSES

$2,950
As of August 2026, apartments are the most affordable rental option in Portland, ME at $2,197 per month, while houses are the most expensive at $3,200 per month. Townhomes average $2,950 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,975
2 Bedrooms$2,600
3 Bedrooms$2,980
4 Bedrooms$3,300
All$2,500
As of August 2026, the average rent for a 1 bedroom rental in Portland, ME is $1,975 per month, followed by $2,600 for a 2 bedroom rental, $2,980 for a 3 bedroom rental, and $3,300 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -2% compared to the previous year, which is a $50 decrease.
This year (2026)
Last year (2025)

Rent distribution

41% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $950 to $6,950.
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