Renter Resources
What Renters Must Photograph Before Moving In
Your landlord just gave you the keys. You're excited to move in, but one thing that could cost you hundreds later is not documenting what's already broken.
•8 min read
What to Know About
Living in Maine
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
Maine
As of June 2025, Maine's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Maine's average rent is 2.0% ($36) higher than the U.S. average of $1,784.
Average Rent
$1,820
Monthly ChangeMonth Over Month Change
3.7% ($69)
Yearly ChangeYear Over Year Change
13.2% ($277)
Avg. Days on MarketAverage Days on Market
26
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,469 | 12.7% ($214) | 25.4% ($500) |
| 2 Beds | $1,851 | 12.7% ($270) | 19.1% ($438) |
| 3 Beds | $2,079 | 12.7% ($303) | 22.6% ($608) |
| Top Markets in Maine | Average Rent | Avg. Rent vs. MEAverage Rent vs. Maine | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Bangor | $1,347 | 26% ($473) | 27 days |
| Lewiston | $1,465 | 19.5% ($355) | 28 days |
| Waterville | $1,294 | 28.9% ($526) | 29 days |
| Portland | $2,704 | 48.6% ($884) | 26 days |
| Old Town | $1,480 | 18.7% ($340) | 36 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Maine Rental Market FAQs
Explore rental prices, market trends, and availability in Maine.
The average rent in Maine is $1,820 per month.
Homes in Maine typically rent for between $1,028 and $2,703 per month, with an average of $1,820 per month.
In Maine, the average rent for a 1-bedroom home is $1,469 per month, for a 2-bedroom home, $1,851 per month, and a 3-bedroom home is $2,079 per month.
The average rent in Maine is 2% ($36) higher than the national average of $1,784 per month.
The average rent in Maine has decreased by 3.7% ($69) in the last month and decreased by 13.2% ($277) over the past year.
The rental market in Maine, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Maine, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $74,040 to comfortably afford a 2-bedroom home in Maine.
