Rent in Maine
The median 2-bedroom Fair Market Rent in Maine is $1,716/mo, ranking #14 out of 51 states for highest rent. This is $466 above the national median of $1,250/mo. Maine has a population of 1.4M. About 26% of households rent their homes. Fair Market Rent data covers 8 areas across the state.
Highlights
All 8 Areas in Maine
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| York-Kittery-South Berwick Pop. 558K | $1,518 | $1,678 | $2,202 | $2,640 | 29.8% | +29.8% |
| Portland Pop. 558K | $1,469 | $1,658 | $2,130 | $2,591 | 28.8% | +9.5% |
| Cumberland County Pop. 306K | $1,264 | $1,397 | $1,833 | $2,380 | 23.7% | +20% |
| York County Pop. 215K | $1,281 | $1,412 | $1,716 | $2,298 | 24.8% | +21.2% |
| Bangor Pop. 154K | $1,244 | $1,313 | $1,659 | $2,133 | 31.5% | +33.9% |
| Lewiston-Auburn Pop. 112K | $1,140 | $1,218 | $1,586 | $2,050 | 28.3% | +42.8% |
| Sagadahoc County Pop. 37K | $1,105 | $1,264 | $1,577 | $2,193 | 23.1% | +26.1% |
| Penobscot County Pop. 154K | $982 | $1,061 | $1,392 | $1,799 | 26.4% | +33.5% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Maine is $1,716 per month. Rents range from $1,392/mo in Penobscot County to $2,202/mo in York-Kittery-South Berwick. The actual median gross rent statewide is $1,084/mo according to Census data.
Maine ranks #14 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,716/mo is $466 above the national median of $1,250/mo.
The average rent burden across Maine is 27.1%, meaning a typical household would spend 27.1% of income on a 2-bedroom at Fair Market Rent. 1 of 8 areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $71,773.
The most affordable area in Maine is Penobscot County with a 2-bedroom Fair Market Rent of $1,392/mo. The median household income there is $63,248.
The most expensive area in Maine is York-Kittery-South Berwick with a 2-bedroom Fair Market Rent of $2,202/mo. The median household income there is $88,602.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.