Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.

Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.

Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.

Rental Market Trends

Alfred, ME

As of June 2026, Alfred's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Alfred's average rent is 36.8% ($725) lower than the Maine average of $1,969 and 30.8% ($553) lower than the U.S. average of $1,797.

Average Rent

$1,244

Monthly ChangeMonth Over Month Change

No change

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$987	No change	No change
2 Beds	$1,244	No change	No change
3 Beds	$1,398	No change	No change

Nearby Cities	Average Rent	Avg. Rent vs. AlfredAverage Rent vs. Alfred	Avg. Days on MarketAverage Days on Market
Springvale	$1,847	48.5% ($603)	57 days
Biddeford	$1,917	54.1% ($673)	60 days
Saco	$2,319	86.4% ($1075)	58 days
Wells	$1,998	60.6% ($754)	61 days
Old Orchard Beach	$1,736	39.5% ($492)	57 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Alfred Rental Market FAQs

Explore rental prices, market trends, and availability in Alfred, ME.

What is the average rent in Alfred, ME?

The average rent in Alfred, ME is $1,244 per month.

What is the rental price range for homes in Alfred, ME?

Homes in Alfred typically rent for between $691 and $1,817 per month, with an average of $1,244 per month.

What is the average rent for different bedroom sizes in Alfred, ME?

In Alfred, the average rent for a 1-bedroom home is $987 per month, for a 2-bedroom home, $1,244 per month, and a 3-bedroom home is $1,398 per month.

How do rent prices in Alfred, ME compare with the national average?

The average rent in Alfred is 30.8% ($553) lower than the national average of $1,797 per month.

How competitive is the rental market in Alfred, ME?

The rental market in Alfred, ME, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.

How long do rentals stay on the market in Alfred, ME?

In Alfred, ME, the average rental stays on the market for approximately 63 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Alfred, ME?

There is currently 1 rental property available in Alfred, ME.

Can I afford to rent a home in Alfred, ME?

Based on the current averages, a household would need an annual income of $49,760 to comfortably afford a 2-bedroom home in Alfred.