The Cumberland County town of Cape Elizabeth, Maine is like something out of a painting. Incorporated in November of 1765, the town is most famous for Portland Head Light, an iconic lighthouse set on the northeast edge of the picturesque coast. Cape Elizabeth is rich in history, but these days it’s a popular spot for retirees or anyone looking to relax in a gorgeous New England locale.
Incredible homes dot the landscape, but there are charming apartments as well that can fit nearly any budget. Cape Elizabeth is just across the harbor from Portland, meaning the amenities and conveniences of the waterfront city are only minutes away.
As of October 2025, the average apartment rent in Cape Elizabeth, ME is $2,069 for a studio, $2,240 for one bedroom, and $2,450 for two bedrooms. Apartment rent in Cape Elizabeth has increased by 11.8% in the past year.
Open to exploring your options? Discover other great cities in Maine with our detailed guide.
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades K-4
557 Students
Public
Grades 5-8
434 Students
Public
Grades 5-8
434 Students
Public
Grades 9-12
518 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.
