ZIP Code · ME

ZIP 04005

Pop. 24,772·York County·14th most expensive ZIP in Maine
Median rent (all units)
$1,924/mo
Year-over-Year
+1.5%
Month-over-Month
-0.1%
vs US Median
-$8
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 04005 · $1,924
More expensive than 57% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,410
2 BR
$1,810
3 BR
$2,220
4 BR+
$2,490
Research median
$1,810/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 04005 is 0.8% below its high of $1,939 in December 2025, at $1,924 as of September 2026.

Past year vs. the rest of Maine

Rent in ZIP 04005 changed +1.5% over the year to September 2026. Across the 16 Maine ZIP codes Zillow tracks, the typical change was +3.1%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($74,647) is $1,866 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,810); a 3-bedroom is $2,220.

From Zillow's monthly rent index (ZORI) for ZIP 04005. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,088/yr
At $1,924/mo median
Location
StateME
CountyYork County
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 (+1.5% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 04005 (Biddeford, ME) is roughly split between renters and owners, skews toward younger working-age adults, 31.6% of residents hold a bachelor's degree or higher.

Population
24,772
Median income
$74,647
Median age
35.8
Renters
48.5%
Age distribution
16.1%
33.2%
22.3%
16.8%
Under 1816.1%
18–3433.2%
35–5422.3%
55–6411.6%
65+16.8%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
92%
White92%
Black0.8%
Hispanic2.8%
Asian1.6%
Other2.8%
Education (25+)
29.6%
33.6%
31.6%
No HS diploma5.2%
HS diploma29.6%
Some college33.6%
Bachelor's+31.6%
Housing tenure
51.5%
48.5%
Owner51.5%
Renter48.5%

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

2023 vs 2026

How ZIP 04005 in Biddeford, ME has changed in 5 years

Rent
$1,682 → $1,924
up 14.4%
Income
$60,276 → $74,647
up 23.8%
Population
24,462 → 24,772
up 1.3%
Renter share
48.4% → 48.5%
+0.1 pts
Bachelor's+
26.8% → 31.6%
+4.8 pts
Median age
36.5 → 35.8
-0.7 yrs

Five years ago, renters in ZIP 04005 in Biddeford, ME paid around $1,682 a month. That figure now sits near $1,924, up 14.4% from the 2023 baseline. Local incomes tracked alongside that move, going from a median of $60,276 in 2021 to $74,647 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 04005 in Biddeford, ME adding about 310 residents over the five-year window, up 1.3% on net. Bachelor's-degree-or-higher attainment moved from 26.8% to 31.6% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 04005 in Biddeford, ME market of 2023.

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About renting in ZIP 04005

Last updated: October 17, 2026

ZIP code 04005 covers Biddeford, ME. The median rent here is $1,924/mo as of October 2026. A 1-bedroom rents for a median of $1,410/mo. A 2-bedroom rents for a median of $1,810/mo.

At 31% of local median household income ($74,647/yr), ZIP 04005 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 04005?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (about $37/hour full-time) to afford the median rent of $1,924/mo in ZIP 04005. The local median household income is $74,647/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 04005?

Rent in ZIP 04005 has risen 1.5% over the past year as of September 2026. It sits 0.8% below its high of $1,939 in December 2025.

How does ZIP 04005 compare to other ZIPs in Maine?

ZIP 04005 is in the middle among Maine ZIP codes for rent, ranking #14 of 22 at $1,924/mo. Over the year to September 2026, rent in ZIP 04005 changed +1.5%, against a typical +3.1% across the 16 Maine ZIP codes Zillow tracks.

How does ZIP 04005 compare to the rest of Biddeford?

ZIP 04005 sits right at the Biddeford citywide median of $1,924/mo.
Income Affordability
31%
MODERATE

At $1,924/mo, rent takes ~31% of ZIP 04005's median household income ($74,647/yr). The standard benchmark is 30%.

ZIP 04005 31%Benchmark 30%
State income tax5.8–7.15%
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Schools nearby

Public schools near ZIP 04005 (Biddeford, ME)

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