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

Belfast, ME

As of August 2025, Belfast's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Belfast's average rent is 77.7% ($1,490) higher than the Maine average of $1,918 and 90.4% ($1,618) higher than the U.S. average of $1,790.

Average Rent

$3,408

Monthly ChangeMonth Over Month Change

191.3% ($2238)

Yearly ChangeYear Over Year Change

191.3% ($2238)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,705	169.4% ($1701)	169.4% ($1701)
2 Beds	$3,408	192% ($2241)	192% ($2241)
3 Beds	$3,828	179.4% ($2458)	179.4% ($2458)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Belfast Rental Market FAQs

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

What is the average rent in Belfast, ME?

The average rent in Belfast, ME is $3,408 per month.

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

Homes in Belfast typically rent for between $1,894 and $4,976 per month, with an average of $3,408 per month.

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

In Belfast, the average rent for a 1-bedroom home is $2,705 per month, for a 2-bedroom home, $3,408 per month, and a 3-bedroom home is $3,828 per month.

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

The average rent in Belfast is 90.4% ($1,618) higher than the national average of $1,790 per month.

How have rent prices in Belfast, ME changed recently?

The average rent in Belfast has increased by 191.3% ($2,238) in the last month and increased by 191.3% ($2,238) over the past year.

How competitive is the rental market in Belfast, ME?

The rental market in Belfast, ME, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

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

In Belfast, ME, the average rental stays on the market for approximately 27 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 Belfast, ME?

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

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

Based on the current averages, a household would need an annual income of $136,320 to comfortably afford a 2-bedroom home in Belfast.