Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Saco & Beyond
Saco 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
Saco, ME
As of June 2026, Saco's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Saco's average rent is 17.8% ($350) higher than the Maine average of $1,969 and 29.0% ($522) higher than the U.S. average of $1,797.
Average Rent
$2,319
Monthly ChangeMonth Over Month Change
2.2% ($51)
Yearly ChangeYear Over Year Change
22.6% ($428)
Avg. Days on MarketAverage Days on Market
58
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,057 | 14.7% ($264) | 15.4% ($275) |
| 2 Beds | $2,329 | 3.1% ($69) | 3.7% ($83) |
| 3 Beds | $2,617 | 3.1% ($78) | 3.8% ($95) |
| Nearby Cities | Average Rent | Avg. Rent vs. SacoAverage Rent vs. Saco | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Biddeford | $1,917 | 17.3% ($402) | 60 days |
| Old Orchard Beach | $1,736 | 25.1% ($583) | 57 days |
| Scarborough | $2,690 | 16% ($371) | 27 days |
| Alfred | $1,244 | 46.4% ($1075) | 63 days |
| Westbrook | $2,253 | 2.8% ($66) | 26 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Saco Rental Market FAQs
Explore rental prices, market trends, and availability in Saco, ME.
The average rent in Saco, ME is $2,319 per month.
Houses in Saco typically rent for between $1,440 and $3,402 per month, with an average of $2,319 per month.
In Saco, the average rent for a 1-bedroom house is $2,057 per month, for a 2-bedroom house, $2,329 per month, and a 3-bedroom house is $2,617 per month.
The average rent in Saco is 29% ($522) higher than the national average of $1,797 per month.
The average rent in Saco has increased by 2.2% ($51) in the last month and increased by 22.6% ($428) over the past year.
The rental market in Saco, ME, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Saco, ME, the average rental stays on the market for approximately 58 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 13 rental properties available in Saco, ME.
Based on the current averages, a household would need an annual income of $93,160 to comfortably afford a 2-bedroom house in Saco.
