Rents are 4% above what Augusta's 10-year trend predicts — running hotter than its own history.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,602 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Augusta, ME has changed in 5 years
Since 2023, the typical rent in Augusta, ME has increased from $1,260 to $1,602, a 27.1% 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.
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Can you afford rent in Augusta on your salary?
At $1,602/mo, how Augusta rent compares to typical pay (30% rule).
Augusta rent by bedroom count
Median rent for each apartment size in Augusta. Click any size for full breakdown.
Tips for renters in Augusta
Last updated: August 17, 2026
The median rent in Augusta is $1,602/mo as of August 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 40% of local median household income ($47,979/yr), Augusta ranks as moderate compared to the national benchmark of 30%. Rents have increased 14.4% over the past year.
Frequently asked questions
Is Augusta an affordable city for renters?
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Is rent going up or down in Augusta?
How does Augusta rent compare to other cities in Maine?
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What percentage of Augusta residents rent vs. own?
How does Augusta rent compare to the national average?
At $1,602/mo, rent takes ~40% of Augusta's median household income ($47,979/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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