Apartments for Rent in Portland, ME

Prices and availability in Portland, ME were last updated on 12 May 2026.

The best apartments in Portland, ME are: Downtown, 117 Lofts, 28 Pearl Street, The Casco and 341 Cumberland Avenue.

The average rent in Portland, ME is $1,864.

The price range for a studio apartment in Portland, ME is between $1,042 and $2,585.

The price range for a 1-bedroom apartment in Portland, ME is between $1,042 and $3,575.

The price range for a 2-bedroom apartment in Portland, ME is between $1,042 and $3,499.

In Portland 53% of the housing is rented out compared to 47% of homes are owned, according to the most recent Census Bureau estimates. 17% of Portland's apartments are found in large buildings of 50 units or more, 77% are located in smaller apartment complexes with less than 50 units, and 6% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Portland are about 44 years old, on average. Of these, 32% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 6 stories. About 57% of the rental communities here are low-rise, garden-style communities, 39% are mid-rises, and 11% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Portland are around 14% of rentals, while 1-bedroom floor plans represent 49% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 29% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.