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 April 2026, 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 33.7% ($635) higher than the Maine average of $1,887 and 41.1% ($734) higher than the U.S. average of $1,788.

Average Rent

$2,522

Monthly ChangeMonth Over Month Change

12.3% ($277)

Yearly ChangeYear Over Year Change

1.4% ($36)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,856	3.5% ($62)	10.3% ($212)
2 Beds	$2,423	5.4% ($125)	2.5% ($58)
3 Beds	$3,011	0.5% ($15)	3.8% ($109)

Nearby Cities	Average Rent	Avg. Rent vs. South PortlandAverage Rent vs. South Portland	Avg. Days on MarketAverage Days on Market
Portland	$2,340	7.2% ($182)	26 days
Westbrook	$1,765	30% ($757)	26 days
Scarborough	$2,269	10% ($253)	27 days
Old Orchard Beach	$1,841	27% ($681)	57 days
Gorham	$2,495	1.1% ($27)	25 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.

What is the average rent in South Portland, ME?

The average rent in South Portland, ME is $2,522 per month.

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

Homes in South Portland typically rent for between $1,299 and $3,914 per month, with an average of $2,522 per month.

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

In South Portland, the average rent for a 1-bedroom home is $1,856 per month, for a 2-bedroom home, $2,423 per month, and a 3-bedroom home is $3,011 per month.

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

The average rent in South Portland is 41.1% ($734) higher than the national average of $1,788 per month.

How have rent prices in South Portland, ME changed recently?

The average rent in South Portland has increased by 12.3% ($277) in the last month and increased by 1.4% ($36) over the past year.

How competitive is the rental market in South Portland, ME?

The rental market in South Portland, ME, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.

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

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.

How many rental properties are available in South Portland, ME?

There are currently 7 rental properties available in South Portland, ME.

Can I afford to rent a home in South Portland, ME?

Based on the current averages, a household would need an annual income of $96,920 to comfortably afford a 2-bedroom home in South Portland.