Apartments in East Deering Portland

1 - 13 of 13 Results
12
$1,747 - 1,800
100 Forest Park Portland, ME
2 BR | Jul. 13, 2024
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Heat Included
Furnished
Dog Friendly
Cat Friendly
Surface Parking
17
$2,100 - 3,200
100 Clearwater Drive Falmouth, ME
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
10
$1,677
576 & 578 Washington Ave Portland, ME
2 BR | Jun. 21, 2024
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Dog Friendly
Cat Friendly
8
$2,597
Portland, ME
2 BR | Jul. 7, 2024
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East Bayside
16
$2,100
Portland, ME
1 BR | Available Now
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13
$1,795
Portland, ME
Studio | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
12
$1,569
Portland, ME
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
9
$2,600
Portland, ME
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
West Bayside
$2,500
15 Middle St #b305 Portland, ME
1 BR | Sep. 1, 2024
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East Bayside
15
$3,000
Portland, ME
2 BR | Sep. 1, 2024
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Dog Friendly
Cat Friendly
Storage
Dishwasher
East Bayside
20
$3,300
Portland, ME
2 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
10
$1,273
Portland, ME
1 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Storage
West Bayside
38
$4,220
Portland, ME
3 BR | Jul. 1, 2024
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Cat Friendly
Storage
1 - 13 of 13 Results
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Portland:
May Rent Report

Welcome to the May 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Portland rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Portland and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Portland average rent prices in the chart below.

Monthly Rent Report

$2,700
$2,030
$1,350
$680
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Portland Rent Prices Increase From April to May

Portland rent prices increased over the last month. From April to May, the city experienced a 4.92% increase for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,793.0.

When we take a look at the two-bedroom comparison from April to May, Portland experienced a 1.07% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $2,544.0.

May Prices: Portland vs. Surrounding Areas

Scarborough, ME
South Portland, ME
Westbrook, ME
Portland, ME
Biddeford, ME
$2,117
$2,077
$1,895
$1,709
$1,238
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have increased in Portland over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Portland suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Westbrook, ME, South Portland, ME, Scarborough, ME .

  • Rent decreased in Biddeford, ME.

  • 3 suburbs are currently priced higher than the city of Portland.

  • 1 suburb is currently priced lower than the city of Portland.

May 2024 Pricing Trends: Portland vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Portland, ME
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,709
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Portland Rent Prices More Affordable Than Major Cities

Rent growth in Portland over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Portland average rent prices appear to be relatively affordable for local residents.

The price for a Portland one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Portland and surrounding area rent prices, take a look at the complete data set below.

Data set for Portland and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Westbrook, ME $1,895.0 0.11% $2,295.0 0.00%
Portland, ME $1,709.0 0.47% $2,517.0 1.94%
South Portland, ME $2,077.0 0.34% $2,042.0 2.25%
Scarborough, ME $2,117.0 1.39% $2,384.0 0.59%
Biddeford, ME $1,238.0 -4.25% $1,779.0 -0.06%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.