Metro data updated Jul 1, 2026

Portland-South Portland, ME Average Rent & Rental Yield

Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.

6.36%
Gross Rental Yield
$2,900
Median Rent
$590,602
Avg Home Value
N/A
Transactions (30d)

Average rent in Portland-South Portland, ME

The median asking rent in Portland-South Portland, ME is $2,900 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.

Against an average home value of $590,602, that rent level prices Portland-South Portland, ME at a 6.36% gross rental yield — compared with 7.21% across Maine.

Metro vs state rental signal

The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.

Gross yield
Metro
6.36%
State
7.21%
Median rent
Metro
$2,900
State
$2,500
Avg home value
Metro
$590,602
State
$448,826
30d transactions
Metro
N/A
State
N/A

Nearby metro yield comparison

Compare this metro with other Maine markets and jump directly into Rental Insights or a public metro report when a yield page is available.

Bangor, ME

N/A transactions last 30d

10.50%

Augusta-Waterville, ME

N/A transactions last 30d

8.91%

Lewiston-Auburn, ME

N/A transactions last 30d

8.30%

Portland-South Portland, ME rent and yield FAQ

Quick answers based on the latest Portland-South Portland, ME rental listing and transaction data.

What is the average rent in Portland-South Portland, ME?

As of July 2026, the median asking rent in Portland-South Portland, ME is $2,900. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.

What is a good rental yield in Portland-South Portland, ME?

Portland-South Portland, ME currently prices at a 6.36% gross rental yield, versus 7.21% across Maine. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.

Move from Portland-South Portland, ME market context to property-level screening

Open Rental Insights with Portland-South Portland, ME selected, then pair the yield signal with investor activity and rental data workflows.