Studio Rent · October 2026

Studio Apartment Rent in Portland, ME

$1,407/mo

Median asking rent for a studio apartment in Portland, Maine as of October 2026. That's +41% lower than the citywide median of $2,399 and +9% above the national studio median of $1,290.

Studio median
$1,407
October 2026
vs city overall
-41%
$2,399 city median
vs national
+9%
$1,290 US median
Maine rank
#15
of 20 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
1Rockland$810
2Augusta$860
3Auburn$890
4Lewiston$890
5Bath$980
6Bangor$1,010
7Waterville$1,063
8Sanford$1,070
9Orono$1,120
10Biddeford$1,190
11Old Orchard Beach$1,190
12Brunswick$1,260
13Gorham$1,280
14Saco$1,340
15Portland (this page)$1,407

Most expensive cities for a studio in Maine

#CityStudio rent
1Yarmouth$1,590
2Scarborough$1,580
3South Portland$1,550
4Freeport$1,490
5Kittery$1,410
6Portland (this page)$1,407
7Saco$1,340
8Gorham$1,280
9Brunswick$1,260
10Old Orchard Beach$1,190
11Biddeford$1,190
12Orono$1,120
13Sanford$1,070
14Waterville$1,063
15Bangor$1,010

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%)
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%)
Lewiston, ME29.9 mi$890$-517 (-37%)
Bath, ME34.8 mi$980$-427 (-30%)

Studio rent in Portland — common questions

How much is a studio apartment in Portland?

As of October 2026, the median studio apartment rent in Portland, Maine is $1,407 per month. This is +41% below the citywide median of $2,399.

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 59th percentile of US cities tracked.

How does Portland rank for studio rent in Maine?

Among the 20 cities in Maine with studio data, Portland ranks #15 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 (October 2026) and exclude cities with median rent below $400 or above $20,000.