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20 2 Bedroom Apartments for rent in Portland, ME

Last updated December 17 at 1:50pm UTC
Island View Apartments
151 North Street
Portland, ME
Updated December 11 at 8:24pm UTC
2 Bedrooms
$1,800
234 Eastern Promenade Unit 3
Downtown Portland
Portland, ME
Updated December 17 at 11:51am UTC
2 Bedrooms
$2,200
72 Pine Street #1
Ferry Village
Portland, ME
Updated December 14 at 10:14am UTC
2 Bedrooms
$1,500
236 Eastern Promenade Unit 5
East Bayside
Portland, ME
Updated December 14 at 10:12am UTC
2 Bedrooms
$4,000
25 High St Unit 308
East End
Portland, ME
Updated December 12 at 7:29pm UTC
2 Bedrooms
$2,800
117 Sheridan Street
East End
Portland, ME
Updated December 9 at 10:19am UTC
2 Bedrooms
$1,975
72 Pine Street Apt #4
West End
Portland, ME
Updated December 3 at 7:02pm UTC
2 Bedrooms
$1,600
1 Cumberland Avenue #2
East End
Portland, ME
Updated December 1 at 11:40am UTC
2 Bedrooms
$1,775
197 Pine St #34
West End
Portland, ME
Updated November 30 at 11:03am UTC
2 Bedrooms
$1,600
62 India St
East End
Portland, ME
Updated November 28 at 10:31am UTC
2 Bedrooms
$2,300
15 Middle St
East End
Portland, ME
Updated November 15 at 11:54am UTC
2 Bedrooms
$2,500
105 Foxcroft Dr
Scarborough
Scarborough, ME
Updated December 17 at 9:39am UTC
2 Bedrooms
$1,155
Results within 5 miles of Portland, ME
1 Classical Lane
Scarborough
Scarborough, ME
Updated December 7 at 10:55am UTC
2 Bedrooms
$2,400
102 Seavey St
Cumberland Mills
Westbrook, ME
Updated November 16 at 11:44am UTC
2 Bedrooms
$1,600
3 pearl Ave
Old Orchard Beach
Old Orchard Beach, ME
Updated December 8 at 10:18am UTC
2 Bedrooms
$1,200
20B Union Street
Old Orchard Beach
Old Orchard Beach, ME
Updated December 8 at 10:18am UTC
2 Bedrooms
$1,100
Results within 10 miles of Portland, ME
20A Union Ave
Old Orchard Beach
Old Orchard Beach, ME
Updated December 8 at 10:18am UTC
2 Bedrooms
$1,100
178 Brown St.
Westbrook
Westbrook, ME
Updated December 17 at 1:50pm UTC
2 Bedrooms
$1,300
94 Concord St
Deering Center
Portland, ME
Updated November 16 at 11:45am UTC
2 Bedrooms
$1,650

December 2018 Portland Rent Report

Welcome to the December 2018 Portland Rent Report. Portland rents increased over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to similar cities nationwide.

View full Portland Rent Report
Rent Report
Portland

December 2018 Portland Rent Report

Welcome to the December 2018 Portland Rent Report. Portland rents increased over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to similar cities nationwide.

Portland rents increased significantly over the past month

Portland rents have increased 0.4% over the past month, but have decreased slightly by 0.5% in comparison to the same time last year. Currently, median rents in Portland stand at $920 for a one-bedroom apartment and $1,160 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Portland's year-over-year rent growth leads the state average of -0.6%, but trails the national average of 1.3%.

Portland rents more affordable than many large cities nationwide

As rents have fallen moderately in Portland, many large cities nationwide have seen prices increase, in some cases substantially. Portland is also more affordable than most large cities across the country.

  • Portland's median two-bedroom rent of $1,160 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 0.5% decline in Portland.
  • While rents in Portland fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+3.2%), New York (+2.3%), and Denver (+1.9%).
  • Renters will find more reasonable prices in Portland than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than two-and-a-half times the price in Portland.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.