City Report · ME

South Portland

Pop. 26,930·5th most expensive in Maine·South Portland rents are up 5.3% over the past year
Median rent (all units)
$2,429/mo
Year-over-Year
+5.3%
Month-over-Month
+0.7%
vs US Median
+$499
Rising (Monthly)
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Most AffordableMost Expensive
South Portland · $2,429
More expensive than 78% of US cities · National median $1,930/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,550
1 BR
$1,760
2 BR
$2,260
3 BR
$2,770
4 BR+
$3,100
Research median
$2,260/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: May 30, 2026

Annual cost
$29,148/yr
At $2,429/mo median
Market timing
Rents rising
Act sooner rather than later.
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what South Portland's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,429/mo
Expected by trend
$2,502/mo
The Rent Reality Score compares today's median rent to where South Portland's own long-run trajectory projects it should be. See the full rankings →
Demographics

Who lives here

South Portland, ME is majority owner-occupied, has a large retiree population, 51.7% of residents hold a bachelor's degree or higher.

Population
26,930
Median income
$86,838
Median age
40.9
Renters
41.9%
Age distribution
14.7%
27%
25.2%
12.4%
20.7%
Under 1814.7%
18–3427%
35–5425.2%
55–6412.4%
65+20.7%
Gender
46.2%
53.8%
Male46.2%
Female53.8%
Race & ethnicity
79.9%
White79.9%
Black7.2%
Hispanic4%
Asian3.4%
Other5.5%
Education (25+)
21.1%
23%
51.7%
No HS diploma4.1%
HS diploma21.1%
Some college23%
Bachelor's+51.7%
Housing tenure
58.1%
41.9%
Owner58.1%
Renter41.9%

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

2021 vs 2026

How South Portland, ME has changed in 5 years

Rent
$1,799 → $2,429
up 35.0%
Income
$73,899 → $86,838
up 17.5%
Population
26,428 → 26,930
up 1.9%
Renter share
35.8% → 41.9%
+6.1 pts
Bachelor's+
46.3% → 51.7%
+5.4 pts
Median age
43.2 → 40.9
-2.3 yrs

Across the past five years, the going rent in South Portland, ME has shifted from $1,799 to $2,429, up 35.0% since 2021. Household income in the area moved from $73,899 to $86,838 across the same window, up 17.5% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show South Portland, ME adding about 502 residents over the five-year window, up 1.9% on net. The renter share has risen from 35.8% to 41.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 46.3% to 51.7% across the same window. Reading these numbers side by side helps frame whether current listings in South Portland, ME look reasonable against where the market sat half a decade ago.

Community

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View South Portland rent history (2015–2026) →
Salary vs rent

Can you afford rent in South Portland on your salary?

At $2,429/mo, how South Portland rent compares to typical pay (30% rule).

By apartment size

South Portland rent by bedroom count

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

Local insights

Tips for renters in South Portland

About renting in South Portland, ME

Last updated: May 30, 2026

The median rent in South Portland is $2,429/mo as of May 2026. A studio apartment averages $1,550/mo while a 2-bedroom runs $2,260/mo. One-bedroom apartments average $1,760/mo and 3-bedroom units go for $2,770/mo.

At 34% of local median household income ($86,838/yr), South Portland ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

Is South Portland an affordable city for renters?

South Portland is considered moderate for renters. At $2,429/mo, rent takes approximately 34% of the local median household income ($86,838/yr). The standard benchmark is 30%. South Portland slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in South Portland?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,429/mo in South Portland. The local median household income is $86,838/yr, meaning the typical South Portland household falls short of that threshold.

Is rent going up or down in South Portland?

Rent in South Portland has increased 5.3% over the past year as of May 2026, putting upward pressure on renter budgets.

How does South Portland rent compare to other cities in Maine?

South Portland is one of the pricier cities in Maine for rent, ranking #5 out of 21 tracked cities at $2,429/mo.

Which nearby cities are cheaper to rent in than South Portland?

Several nearby cities have lower median rents than South Portland ($2,429/mo): Old Orchard Beach ($2,062/mo), Portland ($2,351/mo).

What percentage of South Portland residents rent vs. own?

According to Census data, approximately 41.9% of South Portland households are renters, while 58.1% are owner-occupied. South Portland leans toward homeownership, which can mean a smaller rental inventory.

How does South Portland rent compare to the national average?

South Portland's median rent of $2,429/mo is $499 (26%) above the US national median of $1,930/mo. Within Maine, it ranks #5 out of 21 tracked cities.
Affordability
34%
MODERATE

At $2,429/mo, rent takes ~34% of South Portland's median household income ($86,838/yr). The standard benchmark is 30%.

South Portland 34%Benchmark 30%
State income tax5.8–7.15%
Run the South Portland affordability calculator →
Lowest-rent ZIP codes in South Portland
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Neighborhoods

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Schools nearby

Public schools near South Portland, ME

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