Portland, ME Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Portland, ME.

Average buy price
$386.00 / sqft

Typical residential purchase price per square foot.

Average rent
$2.87 / sqft / month

Monthly rent per square foot.

Median home price
$607,137

Estimated median residential sale price.

Median monthly rent
$2,407

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 38.0% over the last 5 years.

Rent price development

Rent prices have increased by about 8.8% over the last 5 years.

Submitted values in Portland

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-06-28 Rent single-family home $2.29 / sqft 2,260 sqft $5,175 Peaks Island 04108
2026-06-24 Rent apartment $3.46 / sqft 540 sqft $1,868 Parkside 04101
2026-06-21 Buy condo $635.00 / sqft 1,240 sqft $787,400 Waterfront 04101
2026-06-20 Rent condo $3.21 / sqft 840 sqft $2,696 Munjoy Hill 04101
2026-06-19 Buy single-family home $372.00 / sqft 1,725 sqft $641,700 East Deering 04103
2026-06-18 Rent luxury apartment $3.91 / sqft 1,095 sqft $4,281 Downtown 04101
2026-06-18 Buy single-family home $359.00 / sqft 2,035 sqft $730,600 Deering Center 04102
2026-06-17 Buy single-family home $286.00 / sqft 2,450 sqft $700,700 Riverton 04103
2026-06-16 Rent apartment $2.68 / sqft 780 sqft $2,090 Libbytown 04102
2026-06-15 Buy duplex $329.00 / sqft 3,100 sqft $1,019,900 Libbytown 04102
2026-06-14 Buy single-family home $332.00 / sqft 1,900 sqft $630,800 Rosemont 04102
2026-06-07 Rent townhouse $2.62 / sqft 1,525 sqft $3,996 Parkside 04101
2026-06-07 Rent luxury apartment $4.05 / sqft 1,180 sqft $4,779 Waterfront 04101
2026-06-05 Rent condo $3.12 / sqft 1,020 sqft $3,182 East End 04101
2026-06-04 Rent apartment $3.04 / sqft 685 sqft $2,082 West End 04101
2026-06-04 Buy loft $610.00 / sqft 1,120 sqft $683,200 Old Port 04101
2026-06-04 Buy condo $575.00 / sqft 980 sqft $563,500 East End 04101
2026-06-02 Buy single-family home $341.00 / sqft 2,175 sqft $741,700 Nasons Corner 04102
2026-06-01 Buy loft $584.00 / sqft 950 sqft $554,800 India Street 04101
2026-05-29 Buy multi-family home $318.00 / sqft 4,050 sqft $1,287,900 East Deering 04103
2026-05-29 Buy single-family home $415.00 / sqft 1,780 sqft $738,700 Back Cove 04103
2026-05-28 Rent townhouse $2.42 / sqft 1,320 sqft $3,194 East Deering 04103
2026-05-28 Rent apartment $3.28 / sqft 610 sqft $2,001 Downtown 04101
2026-05-27 Buy condo $492.00 / sqft 860 sqft $423,100 Bayside 04101
2026-05-26 Rent single-family home $2.18 / sqft 1,850 sqft $4,033 Nasons Corner 04102
2026-05-22 Buy duplex $356.00 / sqft 2,850 sqft $1,014,600 West End 04101
2026-05-21 Rent condo $3.34 / sqft 930 sqft $3,106 West End 04101
2026-05-20 Buy single-family home $298.00 / sqft 2,240 sqft $667,500 North Deering 04103
2026-05-20 Buy townhouse $438.00 / sqft 1,425 sqft $624,200 Parkside 04101
2026-05-19 Rent multi-family home $2.14 / sqft 1,980 sqft $4,237 North Deering 04103
2026-05-17 Rent apartment $2.51 / sqft 960 sqft $2,410 Woodfords Corner 04103
2026-05-11 Rent townhouse $2.31 / sqft 1,640 sqft $3,788 Stroudwater 04102
2026-05-08 Rent apartment $3.67 / sqft 455 sqft $1,670 Old Port 04101
2026-05-07 Buy single-family home $522.00 / sqft 1,810 sqft $944,800 Peaks Island 04108
2026-05-04 Rent single-family home $2.05 / sqft 2,140 sqft $4,387 Riverton 04103
2026-05-04 Rent loft $3.55 / sqft 910 sqft $3,231 India Street 04101
2026-05-02 Buy condo $522.00 / sqft 1,185 sqft $618,600 East End 04101
2026-04-29 Buy townhouse $472.00 / sqft 1,355 sqft $639,600 West End 04101
2026-04-27 Rent duplex $2.47 / sqft 1,265 sqft $3,125 Rosemont 04102
2026-04-26 Buy condo $468.00 / sqft 760 sqft $355,700 Downtown 04101
2026-04-24 Rent luxury apartment $4.12 / sqft 735 sqft $3,028 Old Port 04101
2026-04-23 Buy multi-family home $342.00 / sqft 3,650 sqft $1,248,300 East Bayside 04101
2026-04-19 Rent apartment $2.74 / sqft 875 sqft $2,398 Back Cove 04103
2026-04-17 Buy multi-family home $298.00 / sqft 4,450 sqft $1,326,100 Deering Center 04102
2026-04-16 Rent duplex $2.36 / sqft 1,450 sqft $3,422 Deering Center 04102
2026-04-15 Rent apartment $2.88 / sqft 700 sqft $2,016 Bayside 04101
2026-04-14 Buy single-family home $264.00 / sqft 2,680 sqft $707,500 North Deering 04103
2026-04-12 Buy townhouse $386.00 / sqft 1,580 sqft $609,900 Woodfords Corner 04102
2026-04-10 Rent luxury apartment $3.78 / sqft 820 sqft $3,100 East Bayside 04101
2026-04-05 Buy condo $545.00 / sqft 1,045 sqft $569,500 Munjoy Hill 04101
2025-12-02 Rent single-family home $2.28 / sqft / month 2,050 sqft $4,674 Peaks Island 04108
2025-10-08 Buy condo $548.00 / sqft 990 sqft $542,500 East End 04101
2025-06-15 Rent luxury apartment $3.64 / sqft / month 790 sqft $2,876 Downtown 04101
2025-03-19 Buy single-family home $382.00 / sqft 1,760 sqft $672,300 Back Cove 04103
2024-11-04 Rent townhouse $2.35 / sqft / month 1,460 sqft $3,431 Woodfords Corner 04102
2024-07-11 Buy multi-family home $332.00 / sqft 3,820 sqft $1,268,200 East Bayside 04101
2024-01-20 Rent apartment $2.88 / sqft / month 705 sqft $2,030 Bayside 04101
2023-08-03 Buy townhouse $401.00 / sqft 1,460 sqft $585,500 Parkside 04101
2023-02-16 Rent loft $3.22 / sqft / month 920 sqft $2,962 Old Port 04101
2022-09-13 Buy condo $486.00 / sqft 1,040 sqft $505,400 Munjoy Hill 04101
2022-03-28 Rent single-family home $2.06 / sqft / month 1,720 sqft $3,543 East Deering 04103
2021-12-05 Buy single-family home $337.00 / sqft 1,840 sqft $620,100 Rosemont 04102
2021-07-26 Rent condo $2.72 / sqft / month 860 sqft $2,339 West End 04101
2020-11-12 Buy duplex $252.00 / sqft 3,050 sqft $768,600 Back Cove 04103
2020-05-08 Rent apartment $2.11 / sqft / month 680 sqft $1,435 Libbytown 04102
2019-09-17 Buy single-family home $288.00 / sqft 2,050 sqft $590,400 Peaks Island 04108
2019-04-02 Rent luxury apartment $2.63 / sqft / month 760 sqft $1,999 Old Port 04101
2018-06-29 Buy condo $391.00 / sqft 960 sqft $375,400 East End 04101
2018-01-18 Rent townhouse $1.86 / sqft / month 1,380 sqft $2,567 North Deering 04103
2017-08-06 Buy single-family home $263.00 / sqft 1,640 sqft $431,300 Deering Center 04102
2017-03-22 Rent apartment $2.18 / sqft / month 740 sqft $1,613 India Street 04101
2016-10-27 Buy multi-family home $196.00 / sqft 3,950 sqft $774,200 West End 04101
2016-04-14 Rent single-family home $1.54 / sqft / month 1,880 sqft $2,895 Nasons Corner 04102
2015-12-03 Buy condo $315.00 / sqft 1,030 sqft $324,500 Downtown 04101
2015-05-11 Rent condo $2.01 / sqft / month 820 sqft $1,648 Munjoy Hill 04101
2014-09-09 Buy single-family home $218.00 / sqft 1,770 sqft $385,900 East Deering 04103
2014-03-31 Rent apartment $1.69 / sqft / month 690 sqft $1,166 Back Cove 04103
2013-11-07 Buy townhouse $252.00 / sqft 1,360 sqft $342,700 East Bayside 04101
2013-06-24 Rent duplex $1.35 / sqft / month 1,280 sqft $1,728 Deering Center 04102
2012-10-16 Buy single-family home $181.00 / sqft 1,975 sqft $357,500 Rosemont 04102
2012-02-29 Rent loft $1.74 / sqft / month 880 sqft $1,531 Old Port 04101
2011-08-18 Buy condo $244.00 / sqft 915 sqft $223,300 West End 04101
2011-04-05 Rent apartment $1.45 / sqft / month 720 sqft $1,044 Parkside 04101
2010-12-20 Buy duplex $128.00 / sqft 2,700 sqft $345,600 Bayside 04101
2010-06-12 Rent single-family home $1.12 / sqft / month 1,720 sqft $1,926 East Deering 04103
2009-11-30 Buy single-family home $151.00 / sqft 2,100 sqft $317,100 Stroudwater 04102
2009-07-08 Rent apartment $1.28 / sqft / month 610 sqft $781 Woodfords Corner 04102
2008-10-23 Buy condo $205.00 / sqft 980 sqft $200,900 Old Port 04101
2008-05-19 Rent townhouse $1.22 / sqft / month 1,320 sqft $1,610 Riverton 04103
2007-12-06 Buy single-family home $172.00 / sqft 1,850 sqft $318,200 North Deering 04103
2007-04-21 Rent condo $1.52 / sqft / month 840 sqft $1,277 Munjoy Hill 04101
2006-09-28 Buy multi-family home $143.00 / sqft 3,600 sqft $514,800 West End 04101
2006-03-17 Rent apartment $1.37 / sqft / month 700 sqft $959 Downtown 04101
2005-06-09 Buy single-family home $188.00 / sqft 1,600 sqft $300,800 Peaks Island 04108
2005-01-22 Rent duplex $1.03 / sqft / month 1,250 sqft $1,288 Deering Center 04102
2004-08-11 Buy condo $231.00 / sqft 880 sqft $203,300 East End 04101
2004-02-26 Rent apartment $1.19 / sqft / month 780 sqft $928 East Deering 04103
2003-09-14 Buy townhouse $152.00 / sqft 1,420 sqft $215,800 Parkside 04101
2003-05-30 Rent loft $1.32 / sqft / month 870 sqft $1,148 India Street 04101
2002-11-02 Buy single-family home $139.00 / sqft 1,750 sqft $243,300 Rosemont 04102
2002-06-18 Rent single-family home $0.91 / sqft / month 1,680 sqft $1,529 Nasons Corner 04102
2001-10-24 Buy condo $168.00 / sqft 940 sqft $157,900 Old Port 04101
2001-04-03 Rent apartment $1.05 / sqft / month 640 sqft $672 Libbytown 04102
2000-12-15 Buy duplex $93.00 / sqft 2,800 sqft $260,400 East Deering 04103
2000-07-07 Rent condo $1.10 / sqft / month 830 sqft $913 West End 04101
1999-11-21 Buy single-family home $104.00 / sqft 2,100 sqft $218,400 Back Cove 04103
1999-03-12 Rent apartment $0.95 / sqft / month 720 sqft $684 East Bayside 04101
1998-09-27 Buy townhouse $118.00 / sqft 1,250 sqft $147,500 Woodfords Corner 04102
1998-05-09 Rent single-family home $0.74 / sqft / month 1,500 sqft $1,110 Riverton 04103
1997-12-02 Buy condo $121.00 / sqft 760 sqft $92,000 Munjoy Hill 04101
1997-06-16 Rent apartment $0.83 / sqft / month 560 sqft $465 Downtown 04101
1996-10-05 Buy multi-family home $69.00 / sqft 3,300 sqft $227,700 Bayside 04101
1996-04-19 Rent loft $0.92 / sqft / month 900 sqft $828 Old Port 04101
1995-08-31 Buy single-family home $73.00 / sqft 1,900 sqft $138,700 Deering Center 04102
1995-02-10 Rent townhouse $0.68 / sqft / month 1,180 sqft $802 East Deering 04103
1994-07-29 Buy condo $96.00 / sqft 820 sqft $78,700 West End 04101
1993-11-13 Rent apartment $0.76 / sqft / month 780 sqft $593 Rosemont 04102
1993-05-22 Buy duplex $58.00 / sqft 2,450 sqft $142,100 Libbytown 04102
1992-09-04 Rent apartment $0.71 / sqft / month 650 sqft $462 Parkside 04101
1992-03-18 Buy single-family home $64.00 / sqft 1,650 sqft $105,600 North Deering 04103

Housing market overview for Portland, ME

The real estate market in Portland, ME can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $386.00 / sqft and an average rent of $2.87 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Portland?

The average residential buy price in Portland, ME is $386.00 / sqft based on the current values available on this page.

How much is rent per square foot in Portland?

The average rental price in Portland, ME is $2.87 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Portland increasing?

Buy prices have increased by about 38.0% over the last 5 years. Rent prices have increased by about 8.8% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.