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Rental Market Trends in South Portland, ME

Updated July 2026

The average rent in South Portland, ME is $1,799/month.

Rent in South Portland is roughly equal to the national average rent of of $1,663/month.

$1,799/month

Average Rent

662 Sq Ft

Average Size

+3.3%

Change / Year

319

Available Apartments

South Portland rent varies by unit size and layout:

  • Studio apartments in South Portland average $1,047 per month.
  • One-bedroom apartments in South Portland average $1,799 per month.
  • Two-bedroom apartments in South Portland average $2,055 per month.
  • Three-bedroom apartments in South Portland average $2,427 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,047/month
524 Sq Ft
One Bedroom
$1,799/month
662 Sq Ft
Two Bedroom
$2,055/month
873 Sq Ft
Three Bedroom
$2,427/month
922 Sq Ft
View South Portland Apartments

How much has average rent changed in South Portland, ME?

In the past year, rent has increased by 3.3%, which averages out to $59 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in South Portland, ME

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in South Portland, ME
Percentage*
Rent Range
11% Below $700/month
0% $700 - $1,000/month
11% $1,001 - $1,500/month
22% $1,501 - $2,000/month
56% Above $2,000/month

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

Because the average rent in South Portland is $1,799, you’ll want to make about $5,996 per month or $71,952 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

South Portland, ME

319 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare South Portland, 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.

View the South Portland Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Scarborough

    Scarborough

  • Old Orchard Beach

    Old Orchard Beach

Apartment Communities in South Portland We Think You'll Love

Nonesuch River Apartments

Nonesuch River Apartments

5 Wintergreen Ln,
Scarborough, ME 04074

1-2 Beds | $2,370 - $3,155

Liberty Commons

Liberty Commons

62 MacArthur Cir,
South Portland, ME 04106

1-3 Beds | $2,225 - $2,943

Waterside Apartments

Waterside Apartments

6-12 Jacqueline Way,
Westbrook, ME 04092

1-2 Beds | $2,195 - $2,495

Back Bay Tower

Back Bay Tower

401 Cumberland Ave,
Portland, ME 04101

1-2 Beds | $1,757 - $2,846

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Frequently Asked Questions

What is the average rent in South Portland?

The average rent in South Portland is $1,799 per month, which is 8.2% higher than the national average of $1,663.

Are rents going up or down in South Portland?

Rents in South Portland, ME are increasing, with prices up 3.3% year-over-year and $59 more per month.

What rent range is most common in South Portland?

In South Portland, ME, 56% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Maine South Portland 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity