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Portland, ME Apartments For Rent

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Portland Apartments Options

Average Rent in Portland, ME

Avg. RentAnnual Change
Portland Studio - $2,065-
Portland 1 Bed - $2,725+47%
Portland 2 Beds - $5,480+181%
Last updated 6/24/2024

Local Guide

See what Portland, ME has to offer.

Local Reviews

I like the locked entry way to our apartments. We live close to a lot of different resaurants and stores

I like all the trees and that people can walk their dogs in the street. I like that the neighborhood is well lit and people usually have extra garage lights and yard lights on.

I like that my neigborhood is quiet and well lit at night. I like that my neigbors are friendly and respectful of eachother. O like that my neighborhood is well naintained.

My city is on the ocean, and the landscape is beautiful. I live in a very walkable downtown area with lots of shops and restaurants. The schools are great and there's lots to do.

Favorite resaurant is a Greek Pizzaria that has fabulous pizza. Right around the corner is a very convenient group of stores including Kroger, gas stations and places to eat. We like going for pizza.

That there are many different neighborhoods. It's near grocery stores and some restaurants. I like going to the bars nearby.

Demographics

Education

High School

24%

Associate's

26%

Bachelor's

33%

Master's

15%

Doctorate

2%

Family Size

2 people

49%

3 people

26%

4 people

17%

5 people

5%

6+ people

3%

Household Income

0-50k

42%

50-100k

31%

100-150k

15%

150-200k

6%

200k+

6%

Age

0-10

9%

10-20

8%

20-45

43%

45-65

25%

65+

15%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/24/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Portland, ME

In Portland, ME, as of 2024, the average rent for apartments ranges from $2,065 to $5,480. Specifically, the average rent for a studio apartment in Portland, ME is $2,065. For those seeking a 1-bedroom apartments, the average rent is $2,725. And for a 2-bedroom apartment, renters can expect to pay an average of $5,480.

Annual Rent Change Over the Past 12 Months

Studio

-

Changed from $2,065 to $2,065
1 Bed

+47%

Changed from $1,854 to $2,725
2 Beds

+181%

Changed from $1,950 to $5,480
Last updated 6/24/2024

Rent Ranges

Apartment PricesProportion
0%
0%
2%
25%
73%

Compare Other Cities

CityStudio Avg RentAnnual Change
Scarborough$4,480-7%
Portsmouth$2,000--
South Portland$1,175+9%
Rochester$1,075+9%
Somersworth$1,0250%
City1 Bed Avg RentAnnual Change
Portsmouth$2,400+50%
Dover$1,945+5%
Damariscotta$1,900--
Somersworth$1,8050%
Berwick$1,800--
Conway$1,750--
South Portland$1,629+5%
Rochester$1,400+26%
Lewiston$1,300--
Durham$1,190--
City2 Beds Avg RentAnnual Change
Durham$2,800--
Berwick$2,287--
Dover$2,2700%
South Portland$2,155-10%
Conway$2,050--
Rochester$1,960+56%
Biddeford$1,795--
Somersworth$1,5000%
Lewiston$1,350--
Auburn$1,300--

Compare Neighborhoods

Rosemont

$1,500

1 Bed Avg. Rent

Parkside

$1,750

1 Bed Avg. Rent

Downtown

$2,450

1 Bed Avg. Rent

What are the most affordable neighborhoods in Portland, ME?

For renters in Portland seeking more affordable options, the neighborhoods to watch are Rosemont, Parkside, and Downtown, where average rents for 1-bedroom apartments stand at $1,500, $1,750, and $2,450 respectively. Additional areas offering value are Arts District and West Bayside, where the rents are $2,450 and $2,685, a favorable comparison to Portland's overall 1-bedroom average of $2,725.

What are the most expensive neighborhoods in Portland, ME?

In Portland, the neighborhoods commanding the highest rents are West Bayside, Downtown, and Arts District. A 1-bedroom apartment in West Bayside averages at $2,685, in Downtown it averages $2,450, and in Arts District, the average is $2,450. For additional high-end living options, Parkside offers 1-bedroom apartments at $1,750, and Rosemont at $1,500. These rates compare to the overall average rent of $2,725 for a 1-bedroom apartment in Portland, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Portland, ME?

In Portland, the most sought-after neighborhoods for renters include Rosemont, Parkside, and West Bayside. In Rosemont, the average rent for a 1-bedroom apartment is $1,500. Parkside sees average rents of $1,750 for a 1-bedroom unit. West Bayside offers similar appeal with 1-bedroom apartments averaging $2,685. For those seeking other popular areas, Arts District presents 1-bedroom apartments at $2,450, and Downtown at $2,450. These prices are set against the backdrop of the city-wide average of $2,725 for a 1-bedroom apartment in Portland, underscoring the popularity of these particular neighborhoods.

Neighborhood1 Bed Avg RentAnnual Change
West Bayside$2,685--
Downtown$2,450+32%
Arts District$2,450+32%
Parkside$1,750--
Rosemont$1,500+3%
Neighborhood2 Beds Avg RentAnnual Change
West Bayside$5,480--
Deering Center$3,800--
West End$3,200--
Oakdale$2,950--
East End$2,550+31%
Downtown$1,900--
Arts District$1,900--
Parkside$1,900--
Riverton$1,725--

Transportation

Commute Time

0-15 Mins

37%

15-30 Mins

46%

30-40 Mins

8%

40-60 Mins

6%

60+ Mins

3%

Transportation Scores

Percentage: 8080

Walk Score®

Walkable

No

Say 16 of 25 renters

Has Sidewalks

No

Say 13 of 25 renters

Percentage: 7676

Bike Score®

Bike Friendly

Yes

Say 17 of 25 renters

Area Amenities

Top Score

Grocery Stores

4.5/5 stars based on undefined reviews

There are some super markets around here.

  1. A high number of grocery stores per resident
  2. Significantly more grocery stores than average
  3. 32% more grocery stores than areas of a similar size

Restaurants

4.5/5 stars based on undefined reviews

Great service and no need for reservations. A great place for food.

  1. A high number of restaurants per resident
  2. Significantly more restaurants than average
  3. 11% more restaurants than areas of a similar size

Coffee

4.5/5 stars based on undefined reviews

We're full of beans for Portland's coffee shop scene.

  1. A high number of coffee shops per resident
  2. Significantly more coffee shops than average
  3. 44% more coffee shops than areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

Get your dance shoes on, Portland looks good for nightlife.

  1. A high number of bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. Significantly more bars and clubs than areas of a similar size

Parks

4.5/5 stars based on undefined reviews

Portland is team green. Parks get a high score.

  1. Few parks per resident
  2. 91% more parks than average
  3. 29% fewer parks than areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. Portland has a lot of style.

  1. Few shops per resident
  2. 68% more shops than average
  3. 58% fewer shops than areas of a similar size

Health and Fitness

4.5/5 stars based on undefined reviews

Pumped and lifting a solid 4.5 stars for fitness.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 6% fewer gyms than areas of a similar size

Pet Services

4.5/5 stars based on undefined reviews

Portland is real pawsitive for your pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 29% fewer pet facilities than areas of a similar size

Fine Arts

4.5/5 stars based on undefined reviews

This place gets the picture when it comes to art.

  1. A high number of fine art centers per resident
  2. Significantly more fine art centers than average
  3. 33% more fine art centers than areas of a similar size

Medical Care

4.5/5 stars based on undefined reviews

The great medical care here is just what the doctor ordered.

  1. A high number of medical facilities per resident
  2. Significantly more medical facilities than average
  3. A standard number of medical facilities compared to areas of a similar size

Gas Stations

4.5/5 stars based on undefined reviews

You won't have to drive far to fill up around here.

  1. Few gas stations per resident
  2. 77% more gas stations than average
  3. 43% fewer gas stations than areas of a similar size

Area Features

Noise Late At Night

No

Say 24 of 25 renters

Area Has Litter

No

Say 24 of 25 renters

Good Place To Raise A Family

Yes

Say 21 of 25 renters

Busy Streets

No

Say 19 of 25 renters

Mostly Older Buildings

No

Say 19 of 25 renters

Safe For Families

Yes

Say 19 of 25 renters

Area Has Kids Play Outside

Yes

Say 18 of 25 renters

Nearby Parks

Yes

Say 18 of 25 renters

Pet Friendly

Yes

Say 18 of 25 renters

Area Has Potholes

No

Say 18 of 25 renters

Near Grocery Stores

Yes

Say 17 of 25 renters

Near Downtown

Yes

Say 16 of 25 renters

Quiet Area

Yes

Say 16 of 25 renters

Tree Lined Streets

Yes

Say 16 of 25 renters

Near Schools

Yes

Say 15 of 25 renters

Maintained Yards

Yes

Say 13 of 25 renters

Well Lit

No

Say 14 of 25 renters

Near Highways

No

Say 15 of 25 renters

Nice Views

No

Say 18 of 25 renters

Mostly Newer Buildings

No

Say 23 of 25 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Portland

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Portland, ME

Overview of Portland

Portland apartments for rent are located along a southern peninsula of Maine that reaches into the Casco Bay. In addition to the city being a top tourist destination in the state, local residents are able to enjoy water activities and natural wonders throughout the area's parks. Portland maintains a number of historical sites throughout the region, along with wonderful dining options.

Living in Portland

There are plenty of Portland apartments for rent to consider right downtown. Choose from one of the many neighborhoods in the area and you'll be close to history, the arts and waterfront. Spend weekends strolling through the Portland Museum of Art, Children's Museum and Theatre of Main or the Main Historical Society. Along the water in Portland, you can enjoy delicious meals crafted from local lobster and other fresh seafood.

Within the Bayside neighborhood, you'll find a vast array of residents, including families, singles and businesses. Portland apartments located in the West End feature Victorian architecture and nearby parks. Another popular neighborhood is the East End, which houses the Portland Observatory and Munjoy Hill.

Portland Apartments and Cost of Living

The average cost of living in Portland is 12.8 percent greater than the national average, which is right on par with the average for residents across the state of Maine. With median rental rates that are 4.8 percent greater than the national average, you will have no trouble affording Portland apartments for rent with a median household income that is 5.4 percent greater than the average in Maine.

If you are in need of affordable housing, you can connect with the Maine State Housing Authority. Low income apartments for rent in Portland are available through Choice Housing Vouchers, subsidized apartments and other programs that provide self-sufficiency for families in the area.

Apartments in Portland Work and Study

In December 2012, the unemployment rate in Portland was just 5.4 percent. Residents of apartments in Portland are most likely to find employment in healthcare and manufacturers of leather goods. Some of the top employers in the city include TD Banknorth, Maine Medical Center and L.L. Bean.

While living in Portland apartments you will have some excellent options to consider if you are looking to further your education. In addition to the University of Maine's home campus, the school also has a law school in the area. Other colleges in the region include the Maine College of Art and University of New England.

Portland Neighborhood Guides

If you're trying to find the best neighborhood that meets your needs, checkout our Portland neighborhood guides. These guides walk you though what its like to live in these neighborhoods


View More

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