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Portland, ME

Full City Profile · Maine · Cumberland County County

3.4 /5.0
B Good
68,505 Population 3,180/sq mi density
$76,174 Median Income $52,125 per capita
$452,600 Home Value $543,125 Zillow
$1,487 Median Rent 29.2% income on rent
48°F Avg Temperature 246 sunny days/yr
242 Violent Crime/100K 2,581 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$76,174 median income, 3.1% unemployment
B
Affordability
3.3 / 5.0
$452,600 home value, $1,487/mo rent
F
Safety
1.0 / 5.0
242 violent crimes/100K
A+
Education
5.0 / 5.0
59.2% bachelor's degree or higher

Housing Overview

Median Home Value
$452,600
61% above
US avg: $281,900
Median Rent
$1,487/mo
28% above
US avg: $1,163/mo
Homeownership Rate
46.7%
29% below US avg (65.4%)
Total Housing Units
35,585
Median year built: 1945

Home Value by Source

Census Median
$452,600
Zillow (ZHVI)
$543,125
Median Sale Price
$545,000
Median List Price
$699,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

46.7%
Owner-Occupied
53.3%
Renter-Occupied
47%
53%
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: $1,487/mo · Zillow rent: $2,237/mo

Market Indicators (Redfin)

Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
31
Price Drops
17.5%
of listings with price reduction
Price Per Sq Ft
$350
Active Inventory
114
homes for sale

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
46.7%

Complete Housing Data

Home Values

Census Median Value$452,600
Zillow Home Value (ZHVI)$543,125
Median Sale Price$545,000
Median List Price$699,000
Price Per Sq Ft$350

Rent

Census Median Rent$1,487
Zillow Rent (ZORI)$2,237
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

Days on Market43
Sale-to-List Ratio1.0%
Price Drops17.5%
Homes Sold31
Active Inventory114
Price Per Sq Ft$350

Ownership & Stock

Owner-Occupied46.7%
Renter-Occupied53.3%
Homeownership Rate46.7%
Total Housing Units35,585
Median Year Built1945
Rent Burden29.2%