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Viewing 1-4 of 4 rentals in South Portland
What to Know About
Life in South Portland & Beyond
South Portland shares many of the great qualities that make Maine a desirable place to live.
Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.
Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.
Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.
Rental Market Trends
South Portland, ME
As of May 2025, South Portland's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. South Portland's average rent is 22.6% ($427) higher than the Maine average of $1,889 and 29.2% ($523) higher than the U.S. average of $1,793.
Average Rent
$2,316
Monthly ChangeMonth Over Month Change
1.3% ($31)
Yearly ChangeYear Over Year Change
11.9% ($246)
Avg. Days on MarketAverage Days on Market
24
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,980 | 1.5% ($30) | 12.2% ($215) |
| 2 Beds | $2,421 | 4.7% ($109) | 18% ($369) |
| 3 Beds | $3,091 | 2.4% ($71) | 28.3% ($682) |
| Nearby Cities | Average Rent | Avg. Rent vs. South PortlandAverage Rent vs. South Portland | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Portland | $2,792 | 20.6% ($476) | 26 days |
| Westbrook | $1,776 | 23.3% ($540) | 26 days |
| Scarborough | $2,478 | 7% ($162) | 27 days |
| Falmouth | $2,747 | 18.6% ($431) | 28 days |
| Gorham | $1,669 | 27.9% ($647) | 25 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
South Portland Rental Market FAQs
Explore rental prices, market trends, and availability in South Portland, ME.
The average rent in South Portland, ME is $2,316 per month.
Apartments in South Portland typically rent for between $1,386 and $4,018 per month, with an average of $2,316 per month.
In South Portland, the average rent for a 1-bedroom apartment is $1,980 per month, for a 2-bedroom apartment, $2,421 per month, and a 3-bedroom apartment is $3,091 per month.
The average rent in South Portland is 29.2% ($523) higher than the national average of $1,793 per month.
The average rent in South Portland has decreased by 1.3% ($31) in the last month and increased by 11.9% ($246) over the past year.
The rental market in South Portland, ME, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In South Portland, ME, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in South Portland, ME.
Based on the current averages, a household would need an annual income of $96,840 to comfortably afford a 2-bedroom apartment in South Portland.
