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City Report · ME

Freeport

Pop. 1,441·5th most expensive in Maine·One of the pricier rental markets in the US
Median rent (all units)
$2,532/mo
Year-over-Year
Stable
Month-over-Month
+3.4%
vs US Median
+$567
Rising (Monthly)
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Most AffordableMost Expensive
Freeport · $2,532
More expensive than 81% of US cities · National median $1,965/mo
Affordability
51% of income
EXPENSIVE
0%30% benchmark60%+

At $2,532/mo, rent takes about 51% of the local median household income, well above the 30% benchmark.

Income to afford
$101,000/yr
Local median income
$59,455/yr
Based on the 30%-of-income rule using Freeport's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,690
2 BR
$2,180
3 BR
$2,670
4 BR+
$3,000
Research median
$2,180/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
$30,384/yr
At $2,532/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.4% MoM), not inventory.
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Demographics

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.

Population
1,441
Median income
$59,455
Median age
43.1
Renters
68.3%
Age distribution
17.2%
13.1%
48%
13.7%
Under 1817.2%
18–3413.1%
35–5448%
55–647.9%
65+13.7%
Gender
41.7%
58.3%
Male41.7%
Female58.3%
Race & ethnicity
85.6%
13.1%
White85.6%
Hispanic1.2%
Asian13.1%
Education (25+)
36.1%
52.8%
HS diploma11.1%
Some college36.1%
Bachelor's+52.8%
Housing tenure
31.7%
68.3%
Owner31.7%
Renter68.3%

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

2021 vs 2026

How Freeport, ME has changed in 5 years

Income
$75,383 → $59,455
down 21.1%
Population
1,828 → 1,441
down 21.2%
Renter share
53.5% → 68.3%
+14.8 pts
Bachelor's+
48.3% → 52.8%
+4.5 pts
Median age
40.2 → 43.1
+2.9 yrs

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.

Community

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

Can you afford rent in Freeport on your salary?

At $2,532/mo, how Freeport rent compares to typical pay (30% rule).

By apartment size

Freeport rent by bedroom count

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

Local insights

Tips for renters in Freeport

About renting in Freeport, ME

Last updated: July 20, 2026

The median rent in Freeport is $2,532/mo as of July 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.

FAQ

Frequently asked questions

Is Freeport an affordable city for renters?

Freeport is considered expensive for renters. At $2,532/mo, rent takes approximately 51% of the local median household income ($59,455/yr). The standard benchmark is 30%. Freeport significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Freeport?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,532/mo in Freeport. The local median household income is $59,455/yr, meaning the typical Freeport household falls short of that threshold.

Is rent going up or down in Freeport?

Rent in Freeport has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Freeport rent compare to other cities in Maine?

Freeport is one of the pricier cities in Maine for rent, ranking #5 out of 25 tracked cities at $2,532/mo.

Which nearby cities are cheaper to rent in than Freeport?

Several nearby cities have lower median rents than Freeport ($2,532/mo): Lewiston ($1,480/mo), Brunswick ($2,109/mo), Portland ($2,429/mo).

What percentage of Freeport residents rent vs. own?

According to Census data, approximately 68.3% of Freeport households are renters, while 31.7% are owner-occupied. With a majority renter population, Freeport has a strong rental market.

How does Freeport rent compare to the national average?

Freeport's median rent of $2,532/mo is $567 (29%) above the US national median of $1,965/mo. Within Maine, it ranks #5 out of 25 tracked cities.
Income Affordability
51%
EXPENSIVE

At $2,532/mo, rent takes ~51% of Freeport's median household income ($59,455/yr). The standard benchmark is 30%.

Freeport 51%Benchmark 30%
State income tax5.8–7.15%
Run the Freeport affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Freeport, ME

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