Portland, ME Real Estate

According to census data in the year 2000 there were 31,864 housing units in Portland. This represents a 1.8% growth from 31,293 in 1990.

Of those housing units, 30,628 were located in either urbanized areas or urban clusters, and 1,236 were located in what is classified as a rural area.

Homeownership rate in Portland is about 42.4%. Portland's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Portland were built after 1942.


Housing Size

Housing Units by Size
Studio Type4.60%
One Bedroom24.80%
Two Bedrooms33.10%
Three Bedrooms25.20%
Four Bedrooms9.10%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1947
Median Value of occupied units$121,200
Median Price asked for vacant units$105,200

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1939
Median Monthly Rent asked for vacant units$635

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.60%
Home Equity Loan10.60%
Simple Mortgage55.30%
Debt Free28.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%