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ZIP Code · ME

ZIP 04101

Part of Portland, ME
Pop. 18,431·Cumberland County·10th most expensive ZIP in Maine
Median rent (all units)
$2,389/mo
Year-over-Year
+9.2%
Month-over-Month
+1.5%
vs US Median
+$424
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 04101 · $2,389
More expensive than 76% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,710
2 BR
$2,190
3 BR
$2,660
4 BR+
$2,900
Research median
$2,190/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
$28,668/yr
At $2,389/mo median
Location
StateME
CountyCumberland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.2% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 04101 (Portland, ME) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 58.1% of residents hold a bachelor's degree or higher.

Population
18,431
Median income
$63,880
Median age
35.8
Renters
77.3%
Age distribution
40.3%
25.5%
16%
Under 188.8%
18–3440.3%
35–5425.5%
55–649.4%
65+16%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
72.7%
13.6%
White72.7%
Black13.6%
Hispanic4.8%
Asian3.3%
Other5.7%
Education (25+)
15%
20.9%
58.1%
No HS diploma6%
HS diploma15%
Some college20.9%
Bachelor's+58.1%
Housing tenure
22.7%
77.3%
Owner22.7%
Renter77.3%

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

2021 vs 2026

How ZIP 04101 in Portland, ME has changed in 5 years

Rent
$1,722 → $2,389
up 38.7%
Income
$50,858 → $63,880
up 25.6%
Population
17,816 → 18,431
up 3.5%
Renter share
79% → 77.3%
-1.7 pts
Bachelor's+
53.7% → 58.1%
+4.4 pts
Median age
36.3 → 35.8
-0.5 yrs

Compared with 2021, rent in ZIP 04101 in Portland, ME has climbed by $667 per month, settling near $2,389 after starting the period at $1,722. Household income in the area moved from $50,858 to $63,880 across the same window, up 25.6% versus 2021. Rent outpaced income growth by roughly 13.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 17,816 to 18,431 between 2021 and 2024, a 3.5% change. About 77.3% of households rent today, against 79% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 53.7% to 58.1%. Reading these numbers side by side helps frame whether current listings in ZIP 04101 in Portland, ME look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 04101

About renting in ZIP 04101

Last updated: July 20, 2026

ZIP code 04101 covers Portland, ME. The median rent here is $2,389/mo as of July 2026. A 1-bedroom rents for a median of $1,710/mo. A 2-bedroom rents for a median of $2,190/mo.

At 45% of local median household income ($63,880/yr), ZIP 04101 ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 04101?

As of July 20, 2026, the median monthly rent in ZIP 04101 (Portland, ME) is $2,389. This is based on aggregated data from public sources and community submissions.

How does ZIP 04101 rent compare to the US average?

ZIP 04101's median rent of $2,389/mo is $424 (22%) above the US national median of $1,965/mo.

How does ZIP 04101 compare to other ZIPs in Maine?

ZIP 04101 falls in the middle range for Maine, ranking #10 out of 26 ZIPs at $2,389/mo.

How much income do you need to rent in ZIP 04101?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,389/mo in ZIP 04101. The local median household income is $63,880/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 04101?

Rent in ZIP 04101 has increased 9.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 04101 an affordable place to rent?

ZIP 04101 is considered stretched for renters. At $2,389/mo, rent takes approximately 45% of the local median household income ($63,880/yr). The standard benchmark is 30%. ZIP 04101 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 04101 residents rent vs. own?

According to Census data, approximately 77.3% of ZIP 04101 households are renters, while 22.7% are owner-occupied. With a majority renter population, ZIP 04101 has a strong rental market.

How does ZIP 04101 compare to the rest of Portland?

ZIP 04101 is more affordable than Portland overall. At $2,389/mo, it's $40 below the Portland citywide median of $2,429/mo.

When was rent data for ZIP 04101 last updated?

Rent data for ZIP 04101 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
45%
STRETCHED

At $2,389/mo, rent takes ~45% of ZIP 04101's median household income ($63,880/yr). The standard benchmark is 30%.

ZIP 04101 45%Benchmark 30%
State income tax5.8–7.15%
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Schools nearby

Public schools near ZIP 04101 (Portland, ME)

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