Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
South Portland, ME Rental Market Trends
What is the average rent in South Portland?
The average rent for an apartment in South Portland is $2,032. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in South Portland, ME
Last updated January 2022
| Average Rent | Average Apartment Size |
|---|---|
| $2,032 | 829 sq. ft. |
What is the average apartment size in South Portland?
The average size for a South Portland, ME apartment is 829 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.
South Portland, ME Apartment Rent Ranges
South Portland, ME Occupied Housing Units
4,442 or 40% of the households in South Portland, ME are renter-occupied while 6,414 or 59% are owner-occupied.
South Portland, ME Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Jan / 2022 |
|---|---|---|---|---|---|---|---|---|---|
| South Portland, ME | $1,474 | $1,542 | $1,521 | $1,538 | $1,579 | $1,675 | $1,635 | $1,888 | $2,032 |
| National | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
How South Portland Compares to Other Cities
| City | Average Rent |
|---|---|
| Manchester | $1,646 |
| Nashua | $1,829 |
| Portland | $1,577 |
| Yarmouth | $1,927 |
| South Portland | $2,032 |
| Derry | $1,460 |
| Scarborough | $1,614 |
| Dover | $1,399 |
| Milford | $1,481 |
| Cumberland | $1,607 |
| Kittery | $2,345 |
Most Popular Apartments in South Portland
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all South Portland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.