ZIP 04101
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 04101 usually run 2.4% below trend in January and 1.5% above it in July, about $90 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 04101 is at its highest level since Zillow's records here began in February 2016.
Rent in ZIP 04101 changed +3.9% over the year to September 2026. Across the 16 Maine ZIP codes Zillow tracks, the typical change was +3.1%.
From 2019 to 2024, rent in ZIP 04101 rose 41.4% while median household income rose 40.7% ($45,417 to $63,880). Rent outpaced income.
Rent in ZIP 04101 is 45.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($63,880) is $1,597 a month. That covers HUD's Fair Market Rent for up to a studio ($1,510); a 1-bedroom is $1,710.
1st cheapest of 3 ZIP codes in Portland.
From Zillow's monthly rent index (ZORI) for ZIP 04101. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 04101 in Portland, ME has changed in 5 years
Compared with 2021, rent in ZIP 04101 in Portland, ME has climbed by $602 per month, settling near $2,296 after starting the period at $1,694. 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 9.9 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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Tips for renters in ZIP 04101
Last updated: October 17, 2026
ZIP code 04101 covers Portland, ME. The median rent here is $2,296/mo as of October 2026. A 1-bedroom rents for a median of $1,710/mo. A 2-bedroom rents for a median of $2,190/mo.
At 43% of local median household income ($63,880/yr), ZIP 04101 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.
Frequently asked questions
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How does ZIP 04101 compare to other ZIPs in Maine?
How does ZIP 04101 compare to the rest of Portland?
At $2,296/mo, rent takes ~43% of ZIP 04101's median household income ($63,880/yr). The standard benchmark is 30%.
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