How much does it cost to rent in Saco, ME?

As of July 2026, the median monthly rent in Saco, ME is $2,226. This figure is based on aggregated data from public sources and community-submitted rents.

Is Saco cheaper than other Maine cities?

Saco is one of the pricier cities in Maine, ranking #9 out of 25 cities tracked at $2,226/mo.

When was Saco rent data last updated?

Saco rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · ME

Saco

Name: Average Rent Prices in Saco, ME
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 20,819·9th most expensive in Maine·Rental market data updated monthly for Saco, ME

Median rent (all units)

$2,226/mo

Year-over-Year

Stable

Month-over-Month

+0.6%

vs US Median

+$261

Rising (Monthly)

Be the first to discuss Saco rents ↓

Most AffordableMost Expensive

Saco · $2,226

More expensive than 70% of US cities · National median $1,965/mo

Affordability

29% of income

AFFORDABLE

0%30% benchmark60%+

At $2,226/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$89,000/yr

Local median income

$92,241/yr

Based on the 30%-of-income rule using Saco's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$1,340

1 BR

$1,510

2 BR

$1,860

3 BR

$2,460

4 BR+

$2,710

Research median

$1,860/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

$26,712/yr

At $2,226/mo median

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Saco, ME is majority owner-occupied, has a median income above the national average, 43.5% of residents hold a bachelor's degree or higher.

Population

20,819

Median income

$92,241

Median age

44.9

Renters

27.2%

Age distribution

16.7%

20.2%

29.1%

15.5%

18.5%

Under 1816.7%

18–3420.2%

35–5429.1%

55–6415.5%

65+18.5%

Gender

50.9%

49.1%

Male50.9%

Female49.1%

Race & ethnicity

84.6%

White84.6%

Black1.9%

Hispanic3.5%

Asian1.2%

Other8.7%

Education (25+)

25.9%

27%

43.5%

No HS diploma3.5%

HS diploma25.9%

Some college27%

Bachelor's+43.5%

Housing tenure

72.8%

27.2%

Owner72.8%

Renter27.2%

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

2021 vs 2026

How Saco, ME has changed in 5 years

Income

$72,700 → $92,241

up 26.9%

Population

20,203 → 20,819

up 3.0%

Renter share

31.9% → 27.2%

-4.7 pts

Bachelor's+

40.7% → 43.5%

+2.8 pts

Median age

43.1 → 44.9

+1.8 yrs

Census figures show median household income at $92,241 today, compared with $72,700 five years earlier. The population has grown by 3.0% since 2021, moving from about 20,203 residents to roughly 20,819. Renters now make up 27.2% of households, compared with 31.9% five years ago. College-educated residents now make up 43.5% of adults here, versus 40.7% in 2021.

Community

Discussions about Saco

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View Saco rent history (2015–2026) →

Salary vs rent

Can you afford rent in Saco on your salary?

At $2,226/mo, how Saco rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 30.4% income

stretched

Elementary School Teacher

Avg $62,384/yr · Rent = 42.8% income

rent-burdened

Police Officer

Avg $71,861/yr · Rent = 37.2% income

stretched

Software Developer

Avg $128,442/yr · Rent = 20.8% income

affordable

Lawyer

Avg $164,117/yr · Rent = 16.3% income

very comfortable

Firefighter

Avg $58,413/yr · Rent = 45.7% income

rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 50.6% income

severely rent-burdened

Electrician

Avg $65,007/yr · Rent = 41.1% income

rent-burdened

By apartment size

Saco rent by bedroom count

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

Local insights

Tips for renters in Saco

About renting in Saco, ME

Last updated: July 20, 2026

The median rent in Saco is $2,226/mo as of July 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,860/mo. One-bedroom apartments average $1,510/mo and 3-bedroom units go for $2,460/mo.

At 29% of local median household income ($92,241/yr), Saco ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Saco an affordable city for renters?

Saco is considered affordable for renters. At $2,226/mo, rent takes approximately 29% of the local median household income ($92,241/yr). The standard benchmark is 30%. Saco falls comfortably within that range.

How much income do you need to rent in Saco?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,226/mo in Saco. The local median household income is $92,241/yr, meaning the typical Saco household meets that threshold.

Is rent going up or down in Saco?

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

How does Saco rent compare to other cities in Maine?

Saco is one of the pricier cities in Maine for rent, ranking #9 out of 25 tracked cities at $2,226/mo.

Which nearby cities are cheaper to rent in than Saco?

Several nearby cities have lower median rents than Saco ($2,226/mo): Old Orchard Beach ($1,915/mo), Biddeford ($1,982/mo), Gorham ($2,150/mo).

What percentage of Saco residents rent vs. own?

According to Census data, approximately 27.2% of Saco households are renters, while 72.8% are owner-occupied. Saco leans toward homeownership, which can mean a smaller rental inventory.