Studio Rent · July 2026

Studio Apartment Rent in Portland, ME

$1,407/mo

Median asking rent for a studio apartment in Portland, Maine as of July 2026. That's +42% lower than the citywide median of $2,429 and +9% above the national studio median of $1,290.

Studio median
$1,407
July 2026
vs city overall
-42%
$2,429 city median
vs national
+9%
$1,290 US median
Maine rank
#17
of 24 cities

Income needed for a studio in Portland

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 studio at the current median rent.

Annual income
$56,280
Monthly gross
$4,690
Hourly (full-time)
$27.06

Rent by apartment size in Portland

Compare Portland's median rent across every apartment size.

Studio (current)
$1,407
1-Bedroom
$1,597
2-Bedroom
$2,053
3-Bedroom
$2,517
4+ Bedroom
$2,820

Cheapest cities for a studio in Maine

#CityStudio rent
1Presque Isle$780
2Rockland$810
3Augusta$860
4Auburn$890
5Lewiston$890
6Bath$980
7Bangor$1,010
8Old Town$1,030
9Waterville$1,063
10Sanford$1,070
11Orono$1,120
12Biddeford$1,190
13Old Orchard Beach$1,190
14Brunswick$1,260
15Gorham$1,280

Most expensive cities for a studio in Maine

#CityStudio rent
1Falmouth$1,890
2Cape Elizabeth$1,890
3Yarmouth$1,590
4Scarborough$1,580
5South Portland$1,550
6Freeport$1,490
7Kittery$1,410
8Portland (this page)$1,407
9Saco$1,340
10Gorham$1,280
11Brunswick$1,260
12Old Orchard Beach$1,190
13Biddeford$1,190
14Orono$1,120
15Sanford$1,070

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Portland.

CityDistanceStudio rentvs Portland
South Portland, ME2.7 mi$1,550+$143 (+10%)
Falmouth, ME4.8 mi$1,890+$483 (+34%)
Cape Elizabeth, ME6.5 mi$1,890+$483 (+34%)
Scarborough, ME8.1 mi$1,580+$173 (+12%)
Yarmouth, ME11.8 mi$1,590+$183 (+13%)
Old Orchard Beach, ME12.5 mi$1,190$-217 (-15%)
Gorham, ME12.8 mi$1,280$-127 (-9%)
Saco, ME15.2 mi$1,340$-67 (-5%)
Freeport, ME17.9 mi$1,490+$83 (+6%)
Biddeford, ME18.8 mi$1,190$-217 (-15%)
Brunswick, ME26.4 mi$1,260$-147 (-10%)
Auburn, ME28.7 mi$890$-517 (-37%)

Studio rent in Portland — common questions

How much is a studio apartment in Portland?

As of July 2026, the median studio apartment rent in Portland, Maine is $1,407 per month. This is +42% below the citywide median of $2,429.

What income do you need to afford a studio in Portland?

Using the standard 30% rent-to-income rule, you would need an annual income of about $56,280 ($4,690/month gross), which works out to roughly $27.06/hour at a full-time job.

Is Portland expensive for a studio compared to the rest of the US?

Portland's studio median of $1,407 is +9% above the national studio median of $1,290. It ranks in the 58th percentile of US cities tracked.

How does Portland rank for studio rent in Maine?

Among the 24 cities in Maine with studio data, Portland ranks #17 from cheapest to most expensive.

Are there cheaper studio options near Portland?

Yes — nearby cities with cheaper studio rents include Old Orchard Beach ($1,190), Gorham ($1,280), Saco ($1,340).

All rent data
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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Portland, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.