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Rental Market Trends in Falmouth, ME

What is the average rent in Falmouth, ME?

$2,037/month

Average Rent

710 Sq Ft

Average Apartment Size

-20.5%

Decrease in the Last Year

As of October 2025, the average rent in Falmouth, ME is $2,037 per month. This is 25% higher than the national average rent price of $1,630/month, making Falmouth one of the most expensive cities in the US. When you rent an apartment in Falmouth, you can expect to pay about per month for a studio, $2,037 for a one-bedroom apartment, and around $2,722 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,037/month
710 Sq Ft
Two Bedroom
$2,722/month
1,163 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Falmouth, ME?

In the past year, rent has decreased by 20.5%, which averages out to $418 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Falmouth, ME
Last Updated October 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Falmouth, ME
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

What salary do I need to live comfortably in Falmouth, ME?

Because the average rent in Falmouth is $2,037, you’ll want to make about $6,790 per month or $81,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Falmouth, ME

36 Available Apartments for Rent

Search for Nearby Apartments

How does Falmouth, ME compare to other nearby cities and neighborhoods?

Use the tool below to compare Falmouth, ME to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Falmouth, ME

Apartment Averages

Nearby City Rent Trends

  • Westbrook Average Rent
  • Portland Average Rent
  • Yarmouth Average Rent

Apartment communities in Falmouth we think you'll love

Cumberland Foreside Village Apartments

Cumberland Foreside Village Apartments

3 Chelsea Way,
Cumberland Foreside, ME 04110

$2,095 - $2,695

1-2 Beds

Foreside Estates

Foreside Estates

100 Clearwater Dr,
Falmouth, ME 04105

$1,899 - $3,200

1-2 Beds

49 Berkshire Rd

49 Berkshire Rd

49 Berkshire Rd,
Portland, ME 04103

$3,900

2 Beds

Winchester Woods

Winchester Woods

41 Winchester Dr,
Portland, ME 04103

$1,904 - $2,528

2 Beds

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United States Maine Falmouth Rental Trends

Methodology

† 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity