See all rent data for Portland, ME →
Typical Rent in 04101 — Portland, ME
The typical 1-bedroom rent in 04101 (Portland, ME) is $1,710/month as of 2026, based on 3 data sources. Rents have risen 4.4% year over year, so an increase above 4.4% exceeds the local market trend. Studio: $1,510. 2-bedroom: $2,190.
Rents in Portland have changed approximately +3.4% – +7.5% over the past year based on local market data. A rent increase above 7.5% is above the local market trend.
Fair Market Rent · 1-Bedroom
$1,710/mo
Source: HUD Fair Market Rent
Data through
Based on federal benchmarks and 2 additional market sources.
The HUD Fair Market Rent for a 1-bedroom in 04101 (Portland, ME) is $1,710 for FY2026.
Rents in 04101 have increased 4.4% year-over-year based on local market data.
The confidence level for this estimate is moderate based on 3 data sources.
Based on local market data, a fair rent increase in Portland (04101) is approximately 4.4% for 2026. The typical 1-bedroom rent is $1,710/month. Any increase significantly above 4.4% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 04101 (Portland)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 04101 (Portland) typically rents for $1,510 – $1,736.
Rents above $1,996 are in the top 25% for this area.
A 1-bedroom in 04101 (Portland) typically rents for $1,710 – $1,966.
Rents above $2,261 are in the top 25% for this area.
A 2-bedroom in 04101 (Portland) typically rents for $2,190 – $2,519.
Rents above $2,897 are in the top 25% for this area.
A 3-bedroom in 04101 (Portland) typically rents for $2,660 – $3,059.
Rents above $3,518 are in the top 25% for this area.
A 4-bedroom in 04101 (Portland) typically rents for $2,900 – $3,335.
Rents above $3,835 are in the top 25% for this area.
Current Asking Rents in 04101
What are apartments actually renting for near 04101? Click below to see live asking rents from current listings.
Live market data · Updated daily
▶Full market data
Rent Trends in Portland, ME
+4.4%
Rents in 04101 (Portland) are rising at +4.4% year-over-year.
− Estimated trend
Market sources range from +3.4% to +7.5%
Sources: Zillow ZORI, HUD Fair Market Rent
Federal Rent Benchmarks for 04101
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Portland, ME HUD Metro FMR Area area, not zip-specific rates.
| Bedroom Size | Fair Market Rent |
|---|---|
| Studio | $1,510 |
| 1-Bedroom | $1,710 |
| 2-Bedroom | $2,190 |
| 3-Bedroom | $2,660 |
| 4-Bedroom | $2,900 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 04101
What is the average 1-bedroom rent in 04101?
The typical 1-bedroom rent in 04101 (Portland, ME) is $1,710/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $1,510 and 2-bedroom rent at $2,190.
What is a fair rent increase in 04101?
A rent increase up to about 4.4% is in line with the recent local market trend in 04101. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 04101?
Rents in 04101 have risen 4.4% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 04101?
On this page, studio rent in 04101 is $1,510/month and 2-bedroom rent is $2,190/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
Renting in Portland, ME? Your rent could be building your credit.
Report your monthly rent payments to all 3 credit bureaus — the same ones your next landlord will check. Takes 2 minutes to set up.
RenewalReply may earn a commission at no cost to you. Learn more
Renters insurance from $5/mo
Protect your belongings from theft, fire, and water damage. Takes 2 minutes and most landlords require it.
RenewalReply may earn a commission at no cost to you. Learn more
Renter Tools
Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 04101 ($1,710/mo) — useful for comparing what your rent gets you in other markets.
Other Zip Codes in Portland, ME
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →