Portland ME
Maine · Ranked #80 of 102 metros
35Crisis
Median Home Price
🏠$440K
Need $126K income
Median Rent
🔑$2K
Need $64K income
Housing Shortage
📉10,000
units needed
Building Permits
🔨3,000
annual
Median Income
💰$66K
Pop: 538,500
Rent Burden
⚠️34.0%
of renters paying >30%
Price Change (YoY)
📈+6%
Homeownership
🏡61.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Portland ME | National |
|---|---|---|
| Price-to-Income Ratio | 6.6x | 6.1x |
| Rent Burden | 34.0% | 31.5% |
| Homeownership Rate | 61.0% | 65.5% |
| YoY Price Change | +6% | +3.5% |
| YoY Rent Change | +5% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 2.5% | 3.6% |