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.
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.
Portland-South Portland, ME rent and rental yield comparison
The current Portland-South Portland, ME baseline is $2,900 median asking rent and 6.36% gross rental yield. Compare rent, yield, and home values with selected Maine metros, then open a public report or Rental Insights for property-level follow-up.
Bangor, ME
Bangor, ME median asking rent is $2,000, $900 (31%) lower than the $2,900 median asking rent in Portland-South Portland, ME.
- Median rent
- $2,000
- Gross yield
- 10.50%
- Avg home value
- $251,967
Augusta-Waterville, ME
Augusta-Waterville, ME median asking rent is $2,095, $805 (27.8%) lower than the $2,900 median asking rent in Portland-South Portland, ME.
- Median rent
- $2,095
- Gross yield
- 8.91%
- Avg home value
- $287,241
Lewiston-Auburn, ME
Lewiston-Auburn, ME median asking rent is $2,225, $675 (23.3%) lower than the $2,900 median asking rent in Portland-South Portland, ME.
- Median rent
- $2,225
- Gross yield
- 8.30%
- Avg home value
- $331,888
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.