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Note: Multiple FMR Areas exist within the region highlighted in the map below. Other FMR Areas include: Cumberland County, ME (part) HUD Metro FMR Area, York County, ME (part) HUD Metro FMR Area and York-Kittery-South Berwick, ME HUD Metro FMR Area

RentData.org Logo Portland Fair Market Rent FY 2017 Portland, ME HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Portland, ME :
$911 $1,028 $1,301 $1,755 $1,906
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Portland are very high compared to the national average. This FMR area is more expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Portland is $1,301 per month.

The previous year, rent for a two-bedroom home was $1,109 per month. This is a 17.31% increase year-over-year.

This FMR rate applies to Portsmouth, NH, Bailey Island, ME, Cape Porpoise, ME, Biddeford Pool, ME, Chebeague Island, ME, Cliff Island, ME, Bustins Island, ME, Newfield, ME, Long Island, ME, East Parsonsfield, ME and other cities within the region. The Metro Code or CBSA code for this region is METRO38860MM6400.

Additionally, This Fair Market Rent (FMR) area Portland, ME HUD Metro FMR Area spans twenty-three counties or cities in Maine which ares listed in the table below. Estimated population of Portland, ME HUD Metro FMR Area FMR area is 259,236 people based on latest Census data.

Compared to the rest of Maine, the Portland FMR area is more expensive than 95% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Portland. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Portland

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 957
1-BR 1-Bedroom $ 1080
2-BR 2-Bedroom $ 1367
3-BR 3-Bedroom $ 1844
4-BR 4-Bedroom $ 2003
Change Year:

The counties, cities, towns, and regions listed below fall into the Portland, ME HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Boston (Manchester) and Portland - Auburn.

County / Region Est. Population
Yarmouth town, ME Metro 8,349
Windham town, ME Metro 17,001
Westbrook city, ME Metro 17,494
Standish town, ME Metro 9,874
South Portland city, ME Metro 25,002
Scarborough town, ME Metro 18,919
Raymond town, ME Metro 4,436
Portland city, ME Metro 66,194
North Yarmouth town, ME Metro 3,565
Long Island town, ME Metro 230
Gray town, ME Metro 7,761
Gorham town, ME Metro 16,381
Frye Island town, ME Metro 5
Freeport town, ME Metro 7,879
Falmouth town, ME Metro 11,185
Cumberland town, ME Metro 7,211
Chebeague Island town, ME Metro 341
Casco town, ME Metro 3,742
Cape Elizabeth town, ME Metro 9,015
Old Orchard Beach town, ME Metro 8,624
Limington town, ME Metro 3,713
Hollis town, ME Metro 4,281
Buxton town, ME Metro 8,034
Zip Codes in Portland, ME HUD Metro FMR Area

There are 93 unique zip codes in this Fair Market Rent (FMR) area:

03804, 03901, 03902, 03903, 03904, 03905, 03906, 03907, 03908, 03909, 03910, 03911, 04001, 04002, 04003, 04004, 04005, 04006, 04009, 04011, 04013, 04014, 04015, 04017, 04019, 04020, 04021, 04024, 04027, 04028, 04029, 04030, 04032, 04033, 04034, 04038, 04039, 04040, 04042, 04043, 04046, 04047, 04048, 04049, 04050, 04054, 04055, 04056, 04057, 04061, 04062, 04063, 04064, 04066, 04069, 04070, 04071, 04072, 04073, 04074, 04076, 04077, 04078, 04079, 04082, 04083, 04084, 04085, 04087, 04090, 04091, 04092, 04093, 04094, 04095, 04096, 04097, 04098, 04101, 04102, 04103, 04104, 04105, 04106, 04107, 04108, 04109, 04110, 04112, 04116, 04122, 04123 and 04124

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