ZIP Code · ME

ZIP 04074

Pop. 23,076·Cumberland County·4th most expensive ZIP in Maine
Median rent (all units)
$2,694/mo
Year-over-Year
-5.2%
Month-over-Month
-4.8%
vs US Median
+$729
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 04074 · $2,694
More expensive than 84% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,690
1 BR
$1,910
2 BR
$2,450
3 BR
$2,980
4 BR+
$3,240
Research median
$2,450/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
$32,328/yr
At $2,694/mo median
Location
StateME
CountyCumberland County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.2% YoY, -4.8% MoM), not inventory.
Demographics

Who lives here

ZIP 04074 (Scarborough, ME) is majority owner-occupied, has a large retiree population, has a median income above the national average, 57.9% of residents hold a bachelor's degree or higher.

Population
23,076
Median income
$135,018
Median age
48.5
Renters
22.8%
Age distribution
16.7%
16.4%
24.8%
17.6%
24.5%
Under 1816.7%
18–3416.4%
35–5424.8%
55–6417.6%
65+24.5%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
91.7%
White91.7%
Black1%
Hispanic2.8%
Asian1.1%
Other3.4%
Education (25+)
16.2%
24.7%
57.9%
No HS diploma1.2%
HS diploma16.2%
Some college24.7%
Bachelor's+57.9%
Housing tenure
77.2%
22.8%
Owner77.2%
Renter22.8%

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

2021 vs 2026

How ZIP 04074 in Scarborough, ME has changed in 5 years

Income
$107,210 → $135,018
up 25.9%
Population
21,639 → 23,076
up 6.6%
Renter share
20.1% → 22.8%
+2.7 pts
Bachelor's+
55.2% → 57.9%
+2.7 pts
Median age
47.4 → 48.5
+1.1 yrs

Census figures show median household income at $135,018 today, compared with $107,210 five years earlier. Census counts show ZIP 04074 in Scarborough, ME adding about 1,437 residents over the five-year window, up 6.6% on net. The renter share has risen from 20.1% to 22.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 55.2% to 57.9% across the same window.

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Local insights

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About renting in ZIP 04074

Last updated: July 20, 2026

ZIP code 04074 covers Scarborough, ME. The median rent here is $2,694/mo as of July 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,450/mo.

At 24% of local median household income ($135,018/yr), ZIP 04074 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 04074?

As of July 20, 2026, the median monthly rent in ZIP 04074 (Scarborough, ME) is $2,694. This is based on aggregated data from public sources and community submissions.

How does ZIP 04074 rent compare to the US average?

ZIP 04074's median rent of $2,694/mo is $729 (37%) above the US national median of $1,965/mo.

How does ZIP 04074 compare to other ZIPs in Maine?

ZIP 04074 is one of the pricier ZIP codes in Maine, ranking #4 out of 26 ZIPs tracked at $2,694/mo.

How much income do you need to rent in ZIP 04074?

To keep rent at or below 30% of gross income, you would need to earn at least $108,000/year (~$52/hour full-time) to afford the median rent of $2,694/mo in ZIP 04074. The local median household income is $135,018/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 04074?

Rent in ZIP 04074 has decreased 5.2% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 04074 an affordable place to rent?

ZIP 04074 is considered very affordable for renters. At $2,694/mo, rent takes approximately 24% of the local median household income ($135,018/yr). The standard benchmark is 30%. ZIP 04074 falls comfortably within that range.

What percentage of ZIP 04074 residents rent vs. own?

According to Census data, approximately 22.8% of ZIP 04074 households are renters, while 77.2% are owner-occupied. ZIP 04074 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 04074 compare to the rest of Scarborough?

ZIP 04074 sits right at the Scarborough citywide median of $2,694/mo.

When was rent data for ZIP 04074 last updated?

Rent data for ZIP 04074 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,694/mo, rent takes ~24% of ZIP 04074's median household income ($135,018/yr). The standard benchmark is 30%.

ZIP 04074 24%Benchmark 30%
State income tax5.8–7.15%
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Schools nearby

Public schools near ZIP 04074 (Scarborough, ME)

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