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City Report · ME

Yarmouth

Pop. 6,289·7th most expensive in Maine·Rental market data updated monthly for Yarmouth, ME
Median rent (all units)
$2,455/mo
Year-over-Year
Stable
Month-over-Month
-2.5%
vs US Median
+$490
Falling (Monthly)
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Most AffordableMost Expensive
Yarmouth · $2,455
More expensive than 78% of US cities · National median $1,965/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $2,455/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$98,000/yr
Local median income
$93,575/yr
Based on the 30%-of-income rule using Yarmouth's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,800
2 BR
$2,320
3 BR
$2,840
4 BR+
$3,190
Research median
$2,320/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
$29,460/yr
At $2,455/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.5% MoM), not inventory.
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Demographics

Who lives here

Yarmouth, ME is majority owner-occupied, has a median income above the national average, 62.8% of residents hold a bachelor's degree or higher.

Population
6,289
Median income
$93,575
Median age
41
Renters
26.2%
Age distribution
24.4%
20.4%
22.8%
13%
19.4%
Under 1824.4%
18–3420.4%
35–5422.8%
55–6413%
65+19.4%
Gender
47%
53%
Male47%
Female53%
Race & ethnicity
93.8%
White93.8%
Black0.9%
Hispanic3.6%
Other1.3%
Education (25+)
27.1%
62.8%
No HS diploma1.4%
HS diploma8.7%
Some college27.1%
Bachelor's+62.8%
Housing tenure
73.8%
26.2%
Owner73.8%
Renter26.2%

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

2021 vs 2026

How Yarmouth, ME has changed in 5 years

Income
$71,667 → $93,575
up 30.6%
Population
6,043 → 6,289
up 4.1%
Renter share
31% → 26.2%
-4.8 pts
Bachelor's+
53.3% → 62.8%
+9.5 pts
Median age
42.5 → 41
-1.5 yrs

Household income in the area moved from $71,667 to $93,575 across the same window, up 30.6% versus 2021. Headcount in the area went from 6,043 to 6,289 between 2021 and 2024, a 4.1% change. About 26.2% of households rent today, against 31% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 53.3% to 62.8%.

Community

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View Yarmouth rent history (2015–2026) →
Salary vs rent

Can you afford rent in Yarmouth on your salary?

At $2,455/mo, how Yarmouth rent compares to typical pay (30% rule).

By apartment size

Yarmouth rent by bedroom count

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

Local insights

Tips for renters in Yarmouth

About renting in Yarmouth, ME

Last updated: July 20, 2026

The median rent in Yarmouth is $2,455/mo as of July 2026. A studio apartment averages $1,590/mo while a 2-bedroom runs $2,320/mo. One-bedroom apartments average $1,800/mo and 3-bedroom units go for $2,840/mo.

At 31% of local median household income ($93,575/yr), Yarmouth ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Yarmouth an affordable city for renters?

Yarmouth is considered moderate for renters. At $2,455/mo, rent takes approximately 31% of the local median household income ($93,575/yr). The standard benchmark is 30%. Yarmouth slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Yarmouth?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (~$47/hour full-time) to afford the median rent of $2,455/mo in Yarmouth. The local median household income is $93,575/yr, meaning the typical Yarmouth household falls short of that threshold.

Is rent going up or down in Yarmouth?

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

How does Yarmouth rent compare to other cities in Maine?

Yarmouth is one of the pricier cities in Maine for rent, ranking #7 out of 25 tracked cities at $2,455/mo.

Which nearby cities are cheaper to rent in than Yarmouth?

Several nearby cities have lower median rents than Yarmouth ($2,455/mo): Brunswick ($2,109/mo), Portland ($2,429/mo).

What percentage of Yarmouth residents rent vs. own?

According to Census data, approximately 26.2% of Yarmouth households are renters, while 73.8% are owner-occupied. Yarmouth leans toward homeownership, which can mean a smaller rental inventory.

How does Yarmouth rent compare to the national average?

Yarmouth's median rent of $2,455/mo is $490 (25%) above the US national median of $1,965/mo. Within Maine, it ranks #7 out of 25 tracked cities.
Income Affordability
31%
MODERATE

At $2,455/mo, rent takes ~31% of Yarmouth's median household income ($93,575/yr). The standard benchmark is 30%.

Yarmouth 31%Benchmark 30%
State income tax5.8–7.15%
Run the Yarmouth affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Yarmouth, ME

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