Search over 1.4 million articles by over 600 experts
  1. Home
  2. Cities & Towns
  3. Portland, ME

More from About.com

Browse Topics A-Z

Rental Housing in Portland, Maine

Rentals Are Unaffordable For Many

From About.com

Portland Maine Apartments

Portland Maine Apartments

Deborah M. Fowles
If you live in Portland or southern Maine, you don't need to read the latest national housing study to know that apartment rentals in this part of the state are difficult to afford. Still, it may be a surprise to know that according to the "Out of Reach 2003" housing report by the National Low Income Housing Coalition, only 48% of Maine's renters can afford the rent.

34% of Portland residents rent housing. The Coalition considers a rental affordable if it costs no more than 30% of your income, which is the generally accepted standard. If you pay more than this, you may have difficulty coming up with the money for food and other essentials. To stay within the 30% guideline, Portland residents working 40 hours a week need to earn over $12.55 an hour to afford the average monthly rent of $653 for a one-bedroom apartment and $16.52 an hour to pay the average monthly rent of $859 for a two-bedroom apartment.

In the non-metro area of Cumberland County, the housing wage is $10.13 per hour for a one-bedroom apartment and $13.50 per hour for a two-bedroom apartment. This means most people need to commute to the city in order to make enough money to pay the rent.

The situation is even worse in southern York County and northeastern New Hampshire, where you'd have to earn $17.88 an hour to pay the average monthly rent of $930 for a two-bedroom apartment.

If you qualify for housing assistance, visit the Maine State Housing Authority for a list of subsidized housing units by county and town.

Other public housing links:

Portland Public Housing Programs

South Portland Housing Authority

York Housing Authority

For a list of rental apartments and rental management companies in Portland and southern Maine, see my Portland and Southern Maine Rental Apartments article.

  1. Home
  2. Cities & Towns
  3. Portland, ME

©2008 About.com, a part of The New York Times Company.

All rights reserved.