Average Rent in Portland, ME
The Fair Market Rent for a 2-bedroom in Portland, ME is $2,130 per month, based on HUD data. With a median household income of $88,602, a household would spend 28.8% of income on housing at Fair Market Rent. Rent has increased 9.5% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,469 |
| 1 Bedroom | $1,658 |
| 2 Bedroom | $2,130 |
| 3 Bedroom | $2,591 |
| 4 Bedroom | $2,820 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $88,602 |
| Rent Burden (2BR FMR / Income) | 28.8% |
| Income Needed for 2BR (30% rule) | $85,200/yr |