Portland-South Portland, ME Rent Report
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/23/2025

Portland‑South 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 area’s 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 urban‑coastal lifestyle.

Rental trends show that studio apartments typically sit in the $1600s, while one‑bedroom units—both apartments and houses—hover around the $1800 range. Two‑bedroom apartments often fall within the $2200 range, and larger three‑ and four‑plus bedroom units trend toward the $2700 and $3400 ranges respectively. For those preferring single‑family homes, two‑bedroom houses are commonly priced in the $2600 range, with three‑bedroom properties near the $3300 mark and upscale four‑plus bedroom homes reaching the $3800‑$4500 bracket. Whether you’re searching for a pet‑friendly apartment near the Eastern Promenade or a historic home close to Portland’s cultural districts, the Portland‑South Portland rental market provides diverse choices that cater to a broad spectrum of lifestyle needs and budgets.

Portland-South Portland, ME Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
Apartment Studio $1,611 $1,700 $220 - $3,000 $1,200 - $2,135
Apartment 1 Bedroom $1,857 $1,905 $300 - $3,495 $1,425 - $2,245
Apartment 2 Bedroom $2,265 $2,200 $420 - $6,000 $1,700 - $2,734
Apartment 3 Bedroom $2,645 $2,631 $1,400 - $4,025 $2,150 - $3,000
Apartment 4+ Bedroom $3,193 $3,200 $1,825 - $4,500 $2,500 - $4,200
House 1 Bedroom $1,242 $1,100 $850 - $2,000 $895 - $1,750
House 2 Bedroom $2,610 $2,662 $870 - $6,500 $1,650 - $3,300
House 3 Bedroom $3,409 $3,400 $1,450 - $7,975 $2,800 - $3,800
House 4+ Bedroom $4,580 $4,000 $1,985 - $17,775 $3,000 - $4,500

In the current period, the average rent in Portland-South Portland, ME was $1,571 for Studio, $1,831 for 1 Bedroom, $2,337 for 2 Bedroom, $3,130 for 3 Bedroom, and $4,225 for 4+ Bedroom.

Portland-South Portland, ME

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Data provided by Rentometer, Inc.