Portland ME
Maine · Ranked #344 of 373 metros
35Crisis
💡
Housing in Portland ME costs 6.6× the median income, above the national average of 4.5×. The median home price is $440K and median rent is $1,600/month. Portland ME ranks #344 of 373 metros for affordability.
Median Home Price
🏠$440K
Need $126K income
Median Rent
🔑$1,600
Need $64K income
Housing Shortage
📉10,000
units needed
Building Permits
🔨3,000
annual
Median Income
💰$66K
Pop: 538,500
Rent Burden
⚠️34.0%
of renters paying >30%
Price Change (YoY)
📈+6%
Homeownership
🏡61.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Portland ME | National |
|---|---|---|
| Price-to-Income Ratio | 6.6x | 6.1x |
| Rent Burden | 34.0% | 31.5% |
| Homeownership Rate | 61.0% | 65.5% |
| YoY Price Change | +6% | +3.5% |
| YoY Rent Change | +5% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 2.5% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +81.4%Since 2000: +262.6%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,469/mo
1 Bedroom$1,658/mo
2 Bedroom$2,130/mo
3 Bedroom$2,591/mo
4 Bedroom$2,820/mo