Homes for Rent in 04106

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What to Know About

Life in South Portland & Beyond

South Portland 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

South Portland, ME

As of July 2025, South Portland's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. South Portland's average rent is 23.7% ($443) higher than the Maine average of $1,868 and 30.2% ($536) higher than the U.S. average of $1,775.

Average Rent
$2,311
Monthly ChangeMonth Over Month Change
Increased3.3% ($74)
Yearly ChangeYear Over Year Change
Decreased0.3% ($6)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,067 Increased3.3% ($66) Increased1.5% ($31)
2 Beds $2,498 Increased2.2% ($53) Increased2.5% ($62)
3 Beds $2,805 Increased2.1% ($59) Decreased1.9% ($55)
Nearby Cities Average Rent Avg. Rent vs. South PortlandAverage Rent vs. South Portland Avg. Days on MarketAverage Days on Market
Portland $2,427 Increased5% ($116) 26 days
Westbrook $1,656 Decreased28.3% ($655) 26 days
Scarborough $2,569 Increased11.2% ($258) 27 days
Gorham $1,669 Decreased27.8% ($642) 25 days
Saco $1,603 Decreased30.6% ($708) 58 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
South Portland Rental Market FAQs

Explore rental prices, market trends, and availability in South Portland, ME.

The average rent in South Portland, ME is $2,311 per month.
Homes in South Portland typically rent for between $1,447 and $3,647 per month, with an average of $2,311 per month.
In South Portland, the average rent for a 1-bedroom home is $2,067 per month, for a 2-bedroom home, $2,498 per month, and a 3-bedroom home is $2,805 per month.
The average rent in South Portland is 30.2% ($536) higher than the national average of $1,775 per month.
The average rent in South Portland has increased by 3.3% ($74) in the last month and decreased by 0.3% ($6) over the past year.
The rental market in South Portland, ME, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In South Portland, ME, the average rental stays on the market for approximately 24 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 4 rental properties available in South Portland, ME.
Based on the current averages, a household would need an annual income of $99,920 to comfortably afford a 2-bedroom home in South Portland.
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