At $2,528/mo, rent takes about 51% of the local median household income, well above the 30% benchmark.
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 $2,528 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: October 17, 2026
What the numbers show
30% of the median household income ($59,455) is $1,486 a month. That is less than HUD's Fair Market Rent for a studio ($1,490).
From Zillow's monthly rent index (ZORI) for Freeport. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Freeport, ME is majority renter-occupied, has a median income below the national average, 52.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Freeport, ME has changed in 5 years
On the earnings side, the typical household in Freeport, ME now reports about $59,455, up from $75,383 in 2021. Census counts show Freeport, ME losing about 387 residents over the five-year window, down 21.2% on net. The renter share has risen from 53.5% to 68.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.3% to 52.8% across the same window.
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Can you afford rent in Freeport on your salary?
At $2,528/mo, how Freeport rent compares to typical pay (30% rule).
Freeport rent by bedroom count
Median rent for each apartment size in Freeport. Click any size for full breakdown.
Tips for renters in Freeport
Last updated: October 17, 2026
The median rent in Freeport is $2,528/mo as of October 2026. A studio apartment averages $1,490/mo while a 2-bedroom runs $2,180/mo. One-bedroom apartments average $1,690/mo and 3-bedroom units go for $2,670/mo.
At 51% of local median household income ($59,455/yr), Freeport ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Freeport?
How does Freeport rent compare to other cities in Maine?
At $2,528/mo, rent takes ~51% of Freeport's median household income ($59,455/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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