Homes For Rent in Cape Elizabeth, ME

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What to Know About

Life in Cape Elizabeth & Beyond

Cape Elizabeth shares many of the great qualities that make Maine a desirable place to live.

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

Cumberland County, ME

As of March 2025, Cumberland County's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Cumberland County's average rent is 19.9% ($391) higher than the Maine average of $1,969 and 32.0% ($572) higher than the U.S. average of $1,788.

Average Rent
$2,360
Monthly ChangeMonth Over Month Change
Increased1.1% ($25)
Yearly ChangeYear Over Year Change
Increased10% ($214)
Avg. Days on MarketAverage Days on Market
25
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,985 Decreased3.1% ($63) Increased2.7% ($53)
2 Beds $2,692 Increased7.2% ($181) Increased19.9% ($446)
3 Beds $3,144 Increased0.7% ($22) Increased19.3% ($508)
Cities within Cumberland County Average Rent Avg. Rent vs. CumberlandAverage Rent vs. Cumberland County Avg. Days on MarketAverage Days on Market
Portland $3,073 Increased30.2% ($713) 26 days
Brunswick $2,305 Decreased2.3% ($55) 25 days
Westbrook $1,814 Decreased23.1% ($546) 26 days
South Portland $2,270 Decreased3.8% ($90) 24 days
Yarmouth $2,037 Decreased13.7% ($323) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Cumberland County Rental Market FAQs

Explore rental prices, market trends, and availability in Cumberland County, ME.

The average rent in Cumberland County, ME is $2,360 per month.
Homes in Cumberland County typically rent for between $1,390 and $4,087 per month, with an average of $2,360 per month.
In Cumberland County, the average rent for a 1-bedroom home is $1,985 per month, for a 2-bedroom home, $2,692 per month, and a 3-bedroom home is $3,144 per month.
The average rent in Cumberland County is 32% ($572) higher than the national average of $1,788 per month.
The average rent in Cumberland County has increased by 1.1% ($25) in the last month and increased by 10.0% ($214) over the past year.
The rental market in Cumberland County, ME, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Cumberland County, ME, the average rental stays on the market for approximately 25 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 94 rental properties available in Cumberland County, ME.
Based on the current averages, a household would need an annual income of $107,680 to comfortably afford a 2-bedroom home in Cumberland County.
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