Portland, ME Rent Trends

Rank #8, last updated December 21

Need help setting rent prices for your property? Try our free rental pricing tool here.

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 $1,936. The average rent of a 1-bedroom in Portland, ME is $2,158. The average rent of a 2-bedroom in Portland, ME is $2,390. The average rent of a 3-bedroom in Portland, ME is $2,675.

Studio

$1,936


1 bed

$2,158


2 beds

$2,390


3+ beds

$2,675

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 $1,500 to $3,100+.

$1,500 - $1,900

$1,900 - $2,300

$2,300 - $2,700

$2,700 - $3,100

$3,100+

What is the average apartment size in Portland?

The average size of a Portland, ME apartment is 433 square feet, while the median apartment size for Portland, ME is 483 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 34.78%, and 3+ bedroom apartments make up 13.04%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

Nearby cities

Arlington Apartments

86 apartments starting at $1,650/month

Chelsea Apartments

105 apartments starting at $1,350/month

Everett Apartments

75 apartments starting at $1,700/month

Malden Apartments

244 apartments starting at $1,500/month

Medford Apartments

237 apartments starting at $1,350/month

Melrose Apartments

59 apartments starting at $1,595/month

Revere Apartments

283 apartments starting at $1,750/month

Somerville Apartments

314 apartments starting at $1,400/month

Winthrop Apartments

56 apartments starting at $1,500/month

Popular metro areas

Boston Metro Apartments

6,696 apartments starting at $425/month

New York Metro Apartments

5,792 apartments starting at $750/month

Philadelphia Metro Apartments

3,972 apartments starting at $500/month