Rentometer, Inc. | Data as of 11/14/2025
PortlandâSouth Portland, ME, offers a dynamic metro rental market that blends historic charm with vibrant waterfront living. Prospective renters can choose from a variety of housing options, from modern studio apartments in the bustling Old Port district to spacious family homes in the scenic South Portland neighborhoods such as Brick Hill and Deering Center. The areaâs proximity to the Casco Bay, Portland Head Light, and a thriving culinary scene makes it especially attractive for professionals, students, and retirees seeking a balanced urbanâcoastal lifestyle.
Rental trends show that studio apartments typically sit in the $1600s, while oneâbedroom unitsâboth apartments and housesâhover around the $1800 range. Twoâbedroom apartments often fall within the $2200 range, and larger threeâ and fourâplus bedroom units trend toward the $2700 and $3400 ranges respectively. For those preferring singleâfamily homes, twoâbedroom houses are commonly priced in the $2600 range, with threeâbedroom properties near the $3300 mark and upscale fourâplus bedroom homes reaching the $3800â$4500 bracket. Whether youâre searching for a petâfriendly apartment near the Eastern Promenade or a historic home close to Portlandâs cultural districts, the PortlandâSouth Portland rental market provides diverse choices that cater to a broad spectrum of lifestyle needs and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,782 | $1,988 | $210 - $2,595 | $1,550 - $2,195 |
| Apartment | 1 Bedroom | $1,900 | $1,964 | $325 - $3,495 | $1,400 - $2,300 |
| Apartment | 2 Bedroom | $2,331 | $2,335 | $300 - $6,000 | $1,775 - $2,695 |
| Apartment | 3 Bedroom | $2,835 | $2,950 | $1,400 - $4,025 | $2,500 - $3,160 |
| Apartment | 4+ Bedroom | $3,253 | $3,425 | $1,950 - $4,500 | $2,500 - $4,000 |
| House | 1 Bedroom | $1,732 | $1,750 | $850 - $3,500 | $900 - $2,150 |
| House | 2 Bedroom | $2,750 | $2,725 | $1,050 - $6,500 | $1,750 - $3,600 |
| House | 3 Bedroom | $3,420 | $3,350 | $860 - $9,500 | $2,950 - $3,900 |
| House | 4+ Bedroom | $4,917 | $3,750 | $1,985 - $17,775 | $3,250 - $4,950 |
In the current period, the average rent in Portland-South Portland, ME was $1,782 for Studio, $1,887 for 1 Bedroom, $2,418 for 2 Bedroom, $3,148 for 3 Bedroom, and $4,460 for 4+ Bedroom.
Data provided by Rentometer, Inc.