What is the median home price in Portland, ME?

The median home value in Portland, ME is approximately $452,600, with median rent around $1,487/mo (U.S. Census ACS). Portland is in Cumberland County.

What is the cost of living like in Portland, ME?

Portland has a median household income near $76,174 against a median home value of $452,600 and median rent of $1,487/mo. Maine's state income tax is 5.8-7.15% and effective property tax runs around 1.09%.

Can I use Remote Prop View in Portland, ME?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Portland, ME Real Estate

Portland anchors one of Maine's largest metro areas with a population of about 68,505. The median home value is near $452,600, and median rent runs around $1,487/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$452,600

Median Rent

$1,487/mo

Population

68,505

Median Income

$76,174

Median Age

37.5

Homeownership

46.7%

Monthly payment on a median Portland home

Example for a $452,600 home: 20% down, 30-yr at ~6.75%, ME property tax ~1.09%, 0.4% insurance.

Est. monthly (PITI)

$2,910

Principal & interest

$2,348

Property tax / mo

$411

Down payment (20%)

$90,520

Portland at a glance

35.4% of residents 25+ hold a bachelor's degree or higher.
46.7% of occupied homes are owner-occupied.
Median household income is $76,174.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Maine cities

Lewiston →Bangor →South Portland →Auburn →Biddeford →Sanford →

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