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ZIP Code · ME

ZIP 04106

Pop. 27,019·Cumberland County·5th most expensive ZIP in Maine
Median rent (all units)
$2,533/mo
Year-over-Year
+7.8%
Month-over-Month
+0.6%
vs US Median
+$568
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 04106 · $2,533
More expensive than 80% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,630
1 BR
$1,850
2 BR
$2,370
3 BR
$2,880
4 BR+
$3,140
Research median
$2,370/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
$30,396/yr
At $2,533/mo median
Location
StateME
CountyCumberland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.8% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 04106 (South Portland, ME) is majority owner-occupied, has a large retiree population, 51.7% of residents hold a bachelor's degree or higher.

Population
27,019
Median income
$86,188
Median age
41.1
Renters
41.6%
Age distribution
14.6%
26.8%
25.1%
12.4%
21%
Under 1814.6%
18–3426.8%
35–5425.1%
55–6412.4%
65+21%
Gender
46.2%
53.8%
Male46.2%
Female53.8%
Race & ethnicity
80.1%
White80.1%
Black7.1%
Hispanic4%
Asian3.4%
Other5.4%
Education (25+)
21.3%
22.9%
51.7%
No HS diploma4%
HS diploma21.3%
Some college22.9%
Bachelor's+51.7%
Housing tenure
58.4%
41.6%
Owner58.4%
Renter41.6%

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

2021 vs 2026

How ZIP 04106 in South Portland, ME has changed in 5 years

Rent
$1,818 → $2,533
up 39.3%
Income
$73,492 → $86,188
up 17.3%
Population
26,646 → 27,019
up 1.4%
Renter share
35.7% → 41.6%
+5.9 pts
Bachelor's+
46.2% → 51.7%
+5.5 pts
Median age
43.7 → 41.1
-2.6 yrs

Five years ago, renters in ZIP 04106 in South Portland, ME paid around $1,818 a month. That figure now sits near $2,533, up 39.3% from the 2021 baseline. Household income in the area moved from $73,492 to $86,188 across the same window, up 17.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 04106 in South Portland, ME adding about 373 residents over the five-year window, up 1.4% on net. The renter share has risen from 35.7% to 41.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 46.2% to 51.7% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 04106 in South Portland, ME look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 04106

About renting in ZIP 04106

Last updated: July 20, 2026

ZIP code 04106 covers South Portland, ME. The median rent here is $2,533/mo as of July 2026. A 1-bedroom rents for a median of $1,850/mo. A 2-bedroom rents for a median of $2,370/mo.

At 35% of local median household income ($86,188/yr), ZIP 04106 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 04106?

As of July 20, 2026, the median monthly rent in ZIP 04106 (South Portland, ME) is $2,533. This is based on aggregated data from public sources and community submissions.

How does ZIP 04106 rent compare to the US average?

ZIP 04106's median rent of $2,533/mo is $568 (29%) above the US national median of $1,965/mo.

How does ZIP 04106 compare to other ZIPs in Maine?

ZIP 04106 is one of the pricier ZIP codes in Maine, ranking #5 out of 26 ZIPs tracked at $2,533/mo.

How much income do you need to rent in ZIP 04106?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,533/mo in ZIP 04106. The local median household income is $86,188/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 04106?

Rent in ZIP 04106 has increased 7.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 04106 an affordable place to rent?

ZIP 04106 is considered moderate for renters. At $2,533/mo, rent takes approximately 35% of the local median household income ($86,188/yr). The standard benchmark is 30%. ZIP 04106 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 04106 residents rent vs. own?

According to Census data, approximately 41.6% of ZIP 04106 households are renters, while 58.4% are owner-occupied. ZIP 04106 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 04106 compare to the rest of South Portland?

ZIP 04106 sits right at the South Portland citywide median of $2,533/mo.

When was rent data for ZIP 04106 last updated?

Rent data for ZIP 04106 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $2,533/mo, rent takes ~35% of ZIP 04106's median household income ($86,188/yr). The standard benchmark is 30%.

ZIP 04106 35%Benchmark 30%
State income tax5.8–7.15%
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Schools nearby

Public schools near ZIP 04106 (South Portland, ME)

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