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

RentData.org Logo Portland Fair Market Rent FY 2020 Portland, ME HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Portland, ME :
$1,072 $1,167 $1,516 $1,982 $2,413
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 98% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Portland is $1,516 per month.

The previous year, rent for a two-bedroom home was $1,387 per month. This is a 9.3% increase year-over-year.

This FMR rate applies to Portsmouth, NH, Newfield, ME, Bustins Island, ME, North Bridgton, ME, Bailey Island, ME, Cape Porpoise, ME, East Parsonsfield, ME, South Windham, ME, Long Island, ME, Chebeague Island, 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 0 people based on 2000 Census data.

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

Maine Rents Map

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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 $ 1137
1-BR 1-Bedroom $ 1239
2-BR 2-Bedroom $ 1609
3-BR 3-Bedroom $ 2104
4-BR 4-Bedroom $ 2561
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
Buxton town, ME Metro 0
Cape Elizabeth town, ME Metro 0
Casco town, ME Metro 0
Chebeague Island town, ME Metro 0
Cumberland town, ME Metro 0
Falmouth town, ME Metro 0
Freeport town, ME Metro 0
Frye Island town, ME Metro 0
Gorham town, ME Metro 0
Gray town, ME Metro 0
Hollis town, ME Metro 0
Limington town, ME Metro 0
Long Island town, ME Metro 0
North Yarmouth town, ME Metro 0
Old Orchard Beach town, ME Metro 0
Portland city, ME Metro 0
Raymond town, ME Metro 0
Scarborough town, ME Metro 0
South Portland city, ME Metro 0
Standish town, ME Metro 0
Westbrook city, ME Metro 0
Windham town, ME Metro 0
Yarmouth town, ME Metro 0
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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