Portland, ME Rent History

139 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-07)
$2,438
1-year change
+10.9%
$239/mo
5-year change
+32.4%
$597/mo
10-year change
+73.4%
$1,032/mo

Monthly rent trend

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Year-by-year rent in Portland

YearMedian rentYoY changevs 2015
2015$1,303/mo0.0%
2016$1,408/mo+8.1%+8.1%
2017$1,407/mo-0.1%+8.0%
2018$1,504/mo+6.9%+15.4%
2019$1,571/mo+4.5%+20.6%
2020$1,665/mo+6.0%+27.8%
2021$1,795/mo+7.8%+37.8%
2022$1,971/mo+9.8%+51.3%
2023$2,117/mo+7.4%+62.5%
2024$2,216/mo+4.7%+70.1%
2025$2,165/mo-2.3%+66.2%
2026$2,351/mo+8.6%+80.4%

Frequently asked questions

How much has rent in Portland changed since 2015?

Median rent in Portland, ME was $1,297 in 2015-01 and is $2,438 as of 2026-07 — a change of $1,141 per month over 11 years.

How much has Portland rent increased in the last 5 years?

Over the past 5 years, median rent in Portland, ME has changed +32.4% ($597 per month). The current median is $2,438.

What has rent in Portland done over the past decade?

Over the past 10 years, median rent in Portland, ME has changed +73.4% ($1,032 per month). It is now $2,438.

Is rent in Portland going up or down year over year?

Year over year, median rent in Portland, ME has increased +10.9% ($239/mo). Current median: $2,438.

See full rent data for Portland, ME
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.