Average Rent in Portland, ME (2026)
Typical asking rent in Portland is $2,401. Across the 3 ZIP codes with data it runs from $2,389 to $2,722, so which side of town you buy on matters as much as the city average. Data as of June 2026.
Rent by ZIP code in Portland
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 04103 | Cumberland County | $2,722 | +13% |
| 04102 | Cumberland County | $2,401 | 0% |
| 04101 | Cumberland County | $2,389 | 0% |
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Portland sits in the Portland-South Portland, ME metro area.
Would a rental in Portland cash flow?
Start the analyzer with the Portland median rent of $2,401 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.