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Freeport, ME
Full City Profile · Maine · Cumberland County County
2.7
/5.0
C+
Fair
1,544
Population
898/sq mi density
$48,352
Median Income
$49,713 per capita
$344,100
Home Value
$656,191 Zillow
$1,426
Median Rent
42.4% income on rent
46°F
Avg Temperature
259 sunny days/yr
12
Violent Crime/100K
1,082 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.6 / 5.0
$48,352 median income, 11.1% unemployment
C+
Affordability
2.6 / 5.0
$344,100 home value, $1,426/mo rent
D
Safety
1.5 / 5.0
12 violent crimes/100K
A+
Education
5.0 / 5.0
54.2% bachelor's degree or higher
Housing Overview
Median Home Value
$344,100
22% above
US avg: $281,900
Median Rent
$1,426/mo
23% above
US avg: $1,163/mo
Homeownership Rate
38.9%
41% below US avg (65.4%)
Total Housing Units
992
Median year built: 1974
Home Value by Source
Census Median
$344,100
Zillow (ZHVI)
$656,191
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
38.9%
Owner-Occupied
61.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$1,426/mo
· Zillow rent:
$2,700/mo
Affordability & Housing Stock
Rent Burden
42.4%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
38.9%
Complete Housing Data
Home Values
| Census Median Value | $344,100 |
| Zillow Home Value (ZHVI) | $656,191 |
Rent
| Census Median Rent | $1,426 |
| Zillow Rent (ZORI) | $2,700 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
Ownership & Stock
| Owner-Occupied | 38.9% |
| Renter-Occupied | 61.1% |
| Homeownership Rate | 38.9% |
| Total Housing Units | 992 |
| Median Year Built | 1974 |
| Rent Burden | 42.4% |