Portland, ME Rent Trends

Rank #15, last updated March 12

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Portland?

The average rent of a studio apartment in Portland, ME is $1,375. The average rent of a 1-bedroom in Portland, ME is $1,927. The average rent of a 2-bedroom in Portland, ME is $2,353. The average rent of a 3-bedroom in Portland, ME is $2,975.

Studio

$1,375


1 bed

$1,927


2 beds

$2,353


3+ beds

$2,975

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Apartment Rent Ranges in Portland

The monthly rent for apartments in Portland, ME ranges from $1,300 to $2,900+.

$1,300 - $1,700

$1,700 - $2,100

$2,100 - $2,500

$2,500 - $2,900

$2,900+

What is the average apartment size in Portland?

The average size of a Portland, ME apartment is 493 square feet, while the median apartment size for Portland, ME is 503 square feet. However, square footage varies based on unit type. Most rentals in Portland, ME (47.83%) are 1 bedroom apartments, while the fewest (4.35%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.43%, and 3+ bedroom apartments make up 17.39%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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