ZIP Code · ME

ZIP 04102

Part of Portland, ME

Pop. 17,267·Cumberland County·8th most expensive ZIP in Maine

Median rent (all units)

$2,371/mo

Year-over-Year

+1.9%

Month-over-Month

-1.1%

vs US Median

+$439

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 04102 · $2,371

More expensive than 76% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,570

1 BR

$1,780

2 BR

$2,280

3 BR

$2,770

4 BR+

$3,020

Research median

$2,280/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 04102 is 1.1% below its high of $2,398 in August 2026, at $2,371 as of September 2026.

Past year vs. the rest of Maine

Rent in ZIP 04102 changed +1.9% 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 ($82,751) is $2,069 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,780); a 2-bedroom is $2,280.

Rank in Portland

2nd cheapest of 3 ZIP codes in Portland.

From Zillow's monthly rent index (ZORI) for ZIP 04102. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,452/yr

At $2,371/mo median

Location

CityPortland

StateME

CountyCumberland 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 (+1.9% YoY, -1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 04102 (Portland, ME) is roughly split between renters and owners, 61.8% of residents hold a bachelor's degree or higher.

Population

17,267

Median income

$82,751

Median age

38.3

Renters

49.3%

Age distribution

15.5%

29.7%

26.6%

13.8%

14.4%

Under 1815.5%

18–3429.7%

35–5426.6%

55–6413.8%

65+14.4%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

78.8%

White78.8%

Black5.9%

Hispanic3.2%

Asian4.3%

Other7.8%

Education (25+)

15.4%

19%

61.8%

No HS diploma3.8%

HS diploma15.4%

Some college19%

Bachelor's+61.8%

Housing tenure

50.7%

49.3%

Owner50.7%

Renter49.3%

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

2022 vs 2026

How ZIP 04102 in Portland, ME has changed in 5 years

Rent

$1,975 → $2,371

up 20.1%

Income

$71,126 → $82,751

up 16.3%

Population

17,174 → 17,267

up 0.5%

Renter share

48.2% → 49.3%

+1.1 pts

Bachelor's+

60.4% → 61.8%

+1.4 pts

Median age

36.3 → 38.3

+2.0 yrs

The median rent in ZIP 04102 in Portland, ME stood at $1,975 in 2022 and currently runs about $2,371, reflecting a 20.1% increase over the period. On the earnings side, the typical household in ZIP 04102 in Portland, ME now reports about $82,751, up from $71,126 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 04102 in Portland, ME reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 04102

Last updated: October 17, 2026

ZIP code 04102 covers Portland, ME. The median rent here is $2,371/mo as of October 2026. A 1-bedroom rents for a median of $1,780/mo. A 2-bedroom rents for a median of $2,280/mo.

At 34% of local median household income ($82,751/yr), ZIP 04102 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 04102?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (about $46/hour full-time) to afford the median rent of $2,371/mo in ZIP 04102. The local median household income is $82,751/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 04102?

Rent in ZIP 04102 has risen 1.9% over the past year as of September 2026. It sits 1.1% below its high of $2,398 in August 2026.

How does ZIP 04102 compare to other ZIPs in Maine?

ZIP 04102 is one of the pricier among Maine ZIP codes for rent, ranking #8 of 22 at $2,371/mo. Over the year to September 2026, rent in ZIP 04102 changed +1.9%, against a typical +3.1% across the 16 Maine ZIP codes Zillow tracks.