Can An Accountant Afford Rent in South Portland, ME?
Stretched but workable — rent takes 36% of gross income.
South Portland rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).
About rent and an accountant salary
Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.
Cheaper rent nearby
These Maine cities have lower median rent than South Portland, which improves the affordability math on an accountant salary:
Compare with full rent data for South Portland
View full rent data for South Portland, ME →Frequently asked questions
Can an accountant afford rent in South Portland, ME?
Median rent in South Portland is $2,533 a month. A typical accountant in Maine earns about $84,425 a year, which makes that rent 36% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can an accountant afford in South Portland?
Using the 30% rule, an accountant salary in Maine (~$84,425/yr) supports up to $2,111 a month in rent. South Portland's current median rent is $2,533/mo, which is $422/mo over the affordability threshold.
How many hours does an accountant work to cover rent in South Portland?
At an hourly equivalent of about $41 an hour, an accountant in Maine works roughly 62.4 hours a month to cover South Portland's median rent of $2,533.
Where is rent cheaper than South Portland for an accountant?
Nearby Maine cities with lower median rent include Freeport ($2,532/mo), Yarmouth ($2,518/mo), Kittery ($2,472/mo). Each shifts the affordability math materially on an accountant salary.