Apartments in Valley Street Portland

31 - 38 of 38 Results
42
$2,215 - 3,440
Deal
4.4
62 Macarthur Cir. E. South Portland, ME
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
0
$2,295
South Portland, ME
2 BR | Available Now
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House
0
$1,600
South Portland, ME
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
21
$2,100
South Portland, ME
2 BR | Available Now
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Dog Friendly
Surface Parking
Storage
0
$2,350
Portland, ME
2 BR | Available Now
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Dishwasher
10
$1,677
576 & 578 Washington Ave Portland, ME
3 BR | Available Now
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Dog Friendly
Cat Friendly
0
$2,700
1056 Forest Avenue - 1056 Forest Ave #3 Portland, ME
2 BR | Available Now
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0
$2,950
286 Pine St South Portland, ME
3 BR | Available Now
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Portland:
November Rent Report

Welcome to the November 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Portland rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Portland and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Portland average rent prices in the chart below.

Monthly Rent Report

$2,650
$1,990
$1,330
$660
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Portland Rent Prices Increase From October to November

Portland rent prices increased over the last month. From October to November, the city experienced a 0.6% increase for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,671.0.

When we take a look at the two-bedroom comparison from October to November, Portland experienced a 0.95% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $2,346.0.

November Prices: Portland vs. Surrounding Areas

South Portland, ME
Scarborough, ME
Portland, ME
Westbrook, ME
Biddeford, ME
$2,137
$1,993
$1,661
$1,609
$1,473
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have increased in Portland over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Portland suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Westbrook, ME, Biddeford, ME, Scarborough, ME .

  • Rent decreased in South Portland, ME.

  • 2 suburbs are currently priced higher than the city of Portland.

  • 2 suburbs are currently priced lower than the city of Portland.

November 2024 Pricing Trends: Portland vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Portland, ME
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,661
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Portland Rent Prices More Affordable Than Major Cities

Rent growth in Portland over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Portland average rent prices appear to be relatively affordable for local residents.

The price for a Portland one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Portland and surrounding area rent prices, take a look at the complete data set below.

Data set for Portland and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Portland, ME $1,661.0 -0.60% $2,324.0 -3.85%
South Portland, ME $2,137.0 -0.51% $1,998.0 -2.30%
Westbrook, ME $1,609.0 2.88% $2,307.0 1.45%
Biddeford, ME $1,473.0 6.97% $1,627.0 -11.04%
Scarborough, ME $1,993.0 3.00% $2,516.0 0.32%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.