2-Bedroom Apartment Rent in Cape Elizabeth, ME
Median asking rent for a 2-bedroom apartment in Cape Elizabeth, Maine as of September 2026. That's +14% lower than the citywide median of $3,217 and +67% above the national 2-bedroom median of $1,657.
Income needed for a 2-bedroom in Cape Elizabeth
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Cape Elizabeth
Compare Cape Elizabeth's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Maine
Most expensive cities for a 2-bedroom in Maine
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Cape Elizabeth (this page) | $2,760 |
| 2 | Falmouth | $2,750 |
| 3 | Yarmouth | $2,320 |
| 4 | Scarborough | $2,310 |
| 5 | South Portland | $2,260 |
| 6 | Freeport | $2,180 |
| 7 | Kittery | $2,060 |
| 8 | Portland | $2,053 |
| 9 | Saco | $1,860 |
| 10 | Gorham | $1,860 |
| 11 | Brunswick | $1,840 |
| 12 | Old Orchard Beach | $1,760 |
| 13 | Biddeford | $1,760 |
| 14 | Old Town | $1,410 |
| 15 | Bangor | $1,390 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Cape Elizabeth.
| City | Distance | 2-Bedroom rent | vs Cape Elizabeth |
|---|---|---|---|
| South Portland, ME | 4.6 mi | $2,260 | $-500 (-18%) |
| Portland, ME | 6.5 mi | $2,053 | $-707 (-26%) |
| Scarborough, ME | 9 mi | $2,310 | $-450 (-16%) |
| Falmouth, ME | 10.9 mi | $2,750 | $-10 (0%) |
| Old Orchard Beach, ME | 11.3 mi | $1,760 | $-1,000 (-36%) |
| Yarmouth, ME | 14.9 mi | $2,320 | $-440 (-16%) |
| Saco, ME | 16.1 mi | $1,860 | $-900 (-33%) |
| Gorham, ME | 17.6 mi | $1,860 | $-900 (-33%) |
| Biddeford, ME | 18.5 mi | $1,760 | $-1,000 (-36%) |
| Freeport, ME | 20.5 mi | $2,180 | $-580 (-21%) |
| Brunswick, ME | 28 mi | $1,840 | $-920 (-33%) |
| Auburn, ME | 34.3 mi | $1,250 | $-1,510 (-55%) |
2-Bedroom rent in Cape Elizabeth — common questions
How much is a 2-bedroom apartment in Cape Elizabeth?
As of September 2026, the median 2-bedroom apartment rent in Cape Elizabeth, Maine is $2,760 per month. This is +14% below the citywide median of $3,217.
What income do you need to afford a 2-bedroom in Cape Elizabeth?
Using the standard 30% rent-to-income rule, you would need an annual income of about $110,400 ($9,200/month gross), which works out to roughly $53.08/hour at a full-time job.
Is Cape Elizabeth expensive for a 2-bedroom compared to the rest of the US?
Cape Elizabeth's 2-bedroom median of $2,760 is +67% above the national 2-bedroom median of $1,657. It ranks in the 91th percentile of US cities tracked.
How does Cape Elizabeth rank for 2-bedroom rent in Maine?
Among the 21 cities in Maine with 2-bedroom data, Cape Elizabeth ranks #21 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Cape Elizabeth?
Yes — nearby cities with cheaper 2-bedroom rents include South Portland ($2,260), Portland ($2,053), Scarborough ($2,310).