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City Report · ME

Augusta

Pop. 19,077·21st most expensive in Maine·Augusta rents are up 9.6% over the past year
Median rent (all units)
$1,533/mo
Year-over-Year
+9.6%
Month-over-Month
-0.8%
vs US Median
-$432
Falling (Monthly)
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Most AffordableMost Expensive
Augusta · $1,533
More affordable than 73% of US cities · National median $1,965/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Augusta's 10-year trend predicts.

Actual rent
$1,533/mo
Expected by trend
$1,538/mo
The Rent Reality Score compares today's median rent to where Augusta's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$890
2 BR
$1,110
3 BR
$1,420
4 BR+
$1,660
Research median
$1,110/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,396/yr
At $1,533/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.6% YoY, -0.8% MoM), not inventory.
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Demographics

Who lives here

Augusta, ME is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 28.9% of residents hold a bachelor's degree or higher.

Population
19,077
Median income
$47,979
Median age
42.5
Renters
46.2%
Age distribution
18.9%
21.6%
24.1%
13.9%
21.5%
Under 1818.9%
18–3421.6%
35–5424.1%
55–6413.9%
65+21.5%
Gender
43.9%
56.1%
Male43.9%
Female56.1%
Race & ethnicity
88.7%
White88.7%
Black2.3%
Hispanic2.3%
Asian1.3%
Other5.4%
Education (25+)
34.9%
30.4%
28.9%
No HS diploma5.8%
HS diploma34.9%
Some college30.4%
Bachelor's+28.9%
Housing tenure
53.8%
46.2%
Owner53.8%
Renter46.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Augusta, ME has changed in 5 years

Rent
$1,260 → $1,533
up 21.7%
Income
$40,438 → $47,979
up 18.6%
Population
18,895 → 19,077
up 1.0%
Renter share
47.5% → 46.2%
-1.3 pts
Bachelor's+
27% → 28.9%
+1.9 pts
Median age
45 → 42.5
-2.5 yrs

Since 2023, the typical rent in Augusta, ME has increased from $1,260 to $1,533, a 21.7% change over five years. Census figures show median household income at $47,979 today, compared with $40,438 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.0% since 2021, moving from about 18,895 residents to roughly 19,077. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about Augusta

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View Augusta rent history (2015–2026) →
Salary vs rent

Can you afford rent in Augusta on your salary?

At $1,533/mo, how Augusta rent compares to typical pay (30% rule).

By apartment size

Augusta rent by bedroom count

Median rent for each apartment size in Augusta. Click any size for full breakdown.

Local insights

Tips for renters in Augusta

About renting in Augusta, ME

Last updated: July 20, 2026

The median rent in Augusta is $1,533/mo as of July 2026. A studio apartment averages $860/mo while a 2-bedroom runs $1,110/mo. One-bedroom apartments average $890/mo and 3-bedroom units go for $1,420/mo.

At 38% of local median household income ($47,979/yr), Augusta ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.6% over the past year.

FAQ

Frequently asked questions

Is Augusta an affordable city for renters?

Augusta is considered moderate for renters. At $1,533/mo, rent takes approximately 38% of the local median household income ($47,979/yr). The standard benchmark is 30%. Augusta slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Augusta?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,533/mo in Augusta. The local median household income is $47,979/yr, meaning the typical Augusta household falls short of that threshold.

Is rent going up or down in Augusta?

Rent in Augusta has increased 9.6% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Augusta rent compare to other cities in Maine?

Augusta is one of the more affordable cities in Maine for rent, ranking #21 out of 25 tracked cities at $1,533/mo.

Which nearby cities are cheaper to rent in than Augusta?

Several nearby cities have lower median rents than Augusta ($1,533/mo): Waterville ($1,295/mo), Lewiston ($1,480/mo), Auburn ($1,503/mo).

What percentage of Augusta residents rent vs. own?

According to Census data, approximately 46.2% of Augusta households are renters, while 53.8% are owner-occupied. Augusta leans toward homeownership, which can mean a smaller rental inventory.

How does Augusta rent compare to the national average?

Augusta's median rent of $1,533/mo is $432 (22%) below the US national median of $1,965/mo. Within Maine, it ranks #21 out of 25 tracked cities.
Income Affordability
38%
MODERATE

At $1,533/mo, rent takes ~38% of Augusta's median household income ($47,979/yr). The standard benchmark is 30%.

Augusta 38%Benchmark 30%
State income tax5.8–7.15%
Run the Augusta affordability calculator →
Lowest-rent ZIP codes in Augusta
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Augusta, ME

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