Portland, ME Rental Market Trends
What is the average rent in Portland?
The average rent for an apartment in Portland is $1,747. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Portland, ME
|Average Rent||Average Apartment Size|
|$1,747||671 sq. ft.|
What is the average apartment size in Portland?
The average size for a Portland, ME apartment is 671 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Portland, ME apartment rent ranges
Portland, ME Occupied Housing Units
16,635 or 53% of the households in Portland, ME are renter-occupied while 14,602 or 47% are owner-occupied.
Portland, ME rent trends
Average Rent in Portland, ME By Neighborhood
|East End Portland||$1,720|
What are the most affordable neighborhoods in Portland?
The most affordable neighborhoods in Portland are Back Cove, where the average rent goes for $1,689/month, East Deering, where renters pay $1,689/mo on average, and North Deering, where the average rent goes for $1,689/mo. If you’re looking for other great deals, check out the listings from Riverton ($1,689), East End Portland ($1,720), and West Bayside ($1,720), where the asking prices are below the average Portland rent of $1,747/mo.
What are the most expensive neighborhoods in Portland?
The most expensive neighborhoods in Portland are Nasons Corner ($2,107), Stroudwater ($2,107) and Valley Street ($2,107).
What are the most popular neighborhoods in Portland?
The most popular neighborhood in Portland is Westside Portland, where there are 3 listings with an average rent of $1,785. Next up is Downtown Portland, where apartments go for $1,785/month, followed by Parkside with $1,785 If you’re looking to rent in Portland’s most popular neighborhoods, make sure to also check out East Deering, where renters pay $1,689 on average, and North Deering, where the average monthly rent is $1,689.
Portland | Rent Comparison by Neighborhood
Rent in Back Cove is 5% lower than in Deering Center
Back Cove rent is 3% lower than Portland average
Deering Center rent is 2% higher than Portland average
What is the average price for a storage unit in Portland?
The average rent for a non-climate-controlled 10'x10' storage unit in Portland is $200.33. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.