Rent in Portland, ME
Across Portland's 7 ZIP codes, a 2-bedroom typically rents for about $2,353 a month, with figures from $1,642–$2,353. The highest typical rent is in 04122 ($2,353) and the lowest in 04102 ($1,642). 3 ZIPs have ZIP-level figures from HUD or Census; the other 4 use the county Fair Market Rent. Owner-occupied homes in Cumberland County pay about 1.04% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,639 | $1,036–$1,639 | 7 |
| 1 bed | $1,864 | $1,329–$1,864 | 7 |
| 2 beds | $2,353 | $1,642–$2,353 | 7 |
| 3 beds | $2,902 | $1,870–$2,902 | 7 |
| 4 beds | $3,092 | $1,390–$3,092 | 7 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Portland ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Portland, ME?
- About $2,353 a month: the median of the typical rents in 7 ZIP codes, which range from $1,642–$2,353. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Portland, ME?
- About $1,864 a month: the median of the typical rents in 7 ZIP codes, which range from $1,329–$1,864. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Portland, ME?
- About $2,902 a month: the median of the typical rents in 7 ZIP codes, which range from $1,870–$2,902. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Portland, ME?
- About $1,639 a month: the median of the typical rents in 7 ZIP codes, which range from $1,036–$1,639. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Portland, ME?
- About $3,092 a month: the median of the typical rents in 7 ZIP codes, which range from $1,390–$3,092. Figures are gross rent (rent plus tenant-paid utilities).
- Which Portland ZIP code has the highest rent?
- For a 2-bedroom, 04122 has the highest typical rent at $2,353 a month, and 04102 the lowest at $1,642.
- What is the property tax rate in Portland, ME?
- Owner-occupied homes in Cumberland County pay a typical 1.04% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Portland rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).