Average Rent in Portland, ME
Apartments & Houses by Size
See what properties are renting for on your street
Go beyond area averages and get accurate rent estimates for any address.
Portland, Maine blends historic charm with a vibrant waterfront lifestyle, making it one of the most soughtâafter rental markets in New England. The cityâs compact downtown, picturesque Old Port district, and easy access to rugged coastal scenery attract professionals, students, and families alike. With a strong local economy anchored by healthcare, education, and a thriving culinary scene, renters enjoy a dynamic community where the pace is lively yet relaxed.
Apartment options in Portland span from sleek studios averaging in the $1900s to spacious fourâplus bedroom units that command a premium in the $3500 range. Oneâbedroom apartments typically sit in the $2000 range, while twoâbedrooms hold steady around $2500 and threeâbedrooms approach $2900, reflecting both the cityâs high demand and diverse housing stock. For those seeking the privacy of a house, twoâbedroom homes average just under $3000, threeâbedroom homes hover around $3100, and larger fourâplus bedroom homes move into the $4300 bracket, with median rents closely aligning with these figures.
Neighborhoods such as the Old Port, West End, and Arts District each offer distinct living experiencesâfrom historic brick walkâups and modern lofts to familyâfriendly singleâfamily homes near schools and parks. Proximity to the Portland Museum of Art, the scenic Eastern Promenade, and a lively dining scene enhances the appeal of renting in this coastal city. Whether youâre looking for a compact studio near the waterfront or a spacious house in a quiet residential enclave, Portlandâs rental market provides a welcoming variety of options to suit every lifestyle.
Portland Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,184 | $2,320 | $1,363 – $2,627 | $2,087 – $2,392 |
| Apartment | 1 Bedroom | $1,829 | $1,757 | $600 – $3,605 | $1,375 – $2,300 |
| Apartment | 2 Bedroom | $2,280 | $2,300 | $600 – $4,113 | $1,600 – $2,950 |
| Apartment | 3 Bedroom | $3,080 | $3,000 | $1,150 – $5,750 | $2,289 – $3,500 |
| Apartment | 4+ Bedroom | $4,033 | $4,075 | $3,200 – $5,000 | $3,500 – $4,350 |
| House | 1 Bedroom | $1,514 | $1,750 | $792 – $2,000 | $792 – $2,000 |
| House | 2 Bedroom | $3,276 | $3,100 | $1,700 – $5,400 | $2,830 – $3,700 |
| House | 3 Bedroom | $3,115 | $3,000 | $1,700 – $4,500 | $2,700 – $3,900 |
| House | 4+ Bedroom | $4,063 | $4,450 | $2,833 – $5,500 | $3,300 – $4,800 |
Current rent in Portland (all property types): Studio $2,184, 1 Bedroom $1,820, 2 Bedroom $2,608, 3 Bedroom $3,105, 4+ Bedroom $4,055.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.