City Report · ME

Augusta

Pop. 19,077·17th most expensive in Maine·Rental market data updated monthly for Augusta, ME
Median rent (all units)
$1,549/mo
Year-over-Year
+3.8%
Month-over-Month
+0.3%
vs US Median
-$383
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Augusta · $1,549
More affordable than 72% of US cities · National median $1,932/mo
Rent Reality Score
61/100
Good value
OverheatedFairGreat value

Rents are 6% below what Augusta's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,549/mo
Expected by trend
$1,642/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
Fair Market Rent (HUD)
$1,110/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,549 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Augusta is 0.6% below its high of $1,559 in May 2026, at $1,549 as of September 2026.

Past year vs. the rest of Maine

Rent in Augusta changed +3.8% over the year to September 2026. Across the 14 Maine cities Zillow tracks, the typical change was +3.0%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($47,979) is $1,199 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,110); a 3-bedroom is $1,420.

Cheaper nearby

Waterville, 15 miles away, rents for 13% less ($1,342/mo), about $2,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Augusta. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,588/yr
At $1,549/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, +0.3% MoM), not inventory.
Rent check

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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
$1,279 → $1,549
up 21.1%
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 $1,279 to $1,549, a 21.1% change over five years. Census figures show median household income at $47,979 today, compared with $40,438 five years earlier. 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 $1,549/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: October 17, 2026

The median rent in Augusta is $1,549/mo as of October 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 39% of local median household income ($47,979/yr), Augusta ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

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 $62,000/year (about $30/hour full-time) to afford the median rent of $1,549/mo in Augusta. The local median household income is $47,979/yr, so the typical household falls short of that bar.

Is rent going up or down in Augusta?

Rent in Augusta has risen 3.8% over the past year as of September 2026. It sits 0.6% below its high of $1,559 in May 2026.

How does Augusta rent compare to other cities in Maine?

Augusta is one of the more affordable among Maine cities for rent, ranking #17 of 20 tracked cities at $1,549/mo. Over the year to September 2026, rent in Augusta changed +3.8%, against a typical +3.0% across the 14 Maine cities Zillow tracks.

Which nearby cities are cheaper to rent in than Augusta?

Nearby cities with lower median rent than Augusta ($1,549/mo) include Waterville ($1,342/mo), and Lewiston ($1,518/mo).
Income Affordability
39%
MODERATE

At $1,549/mo, rent takes ~39% of Augusta's median household income ($47,979/yr). The standard benchmark is 30%.

Augusta 39%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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