Maine renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Maine is about $1,037 per month. This puts it in the 23rd percentile compared to the nation average cost of rent, which is $1,385. Households in Maine have a median income of $5,172 per month so the average renter in Maine is spending roughly 20% of their earnings on housing.
Nationally, and in Maine, home values are the data point most closely correlated with the cost of rent. The median price of a home in Maine is $283,579 right now, which is lower than states nearby, meaning that rents in Maine also tend to be lower versus these nearby states.
Higher rent prices are common in the southwestern parts of Maine while lower rent rates are often available in northwestern areas.
Nearby States
- New Hampshire: more expensive rent prices
- Vermont: more expensive rent prices
- Massachusetts: more expensive rent prices
- Rhode Island: more expensive rent prices
- Connecticut: more expensive rent prices
- New York: more expensive rent prices
- New Jersey: more expensive rent prices
- Delaware: more expensive rent prices
- Pennsylvania: more expensive rent prices
- Maryland: more expensive rent prices
States with Similar Populations
- New Hampshire: more expensive rent prices
- Hawaii: more expensive rent prices
- Rhode Island: more expensive rent prices
- Montana: less expensive rent prices
- Idaho: more expensive rent prices
- Delaware: more expensive rent prices
- South Dakota: less expensive rent prices
- West Virginia: less expensive rent prices
- Nebraska: more expensive rent prices
- North Dakota: less expensive rent prices
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