Portland ME is the 116th largest multifamily market with13,450 completed units and 7,368 units in development, 848 of which have already broken ground, as of December 2021.
Portland ME Multifamily Market Summary – December 2021
New lease asking rents are at $1,557, up 6.4%▲
from the previous year placing Portland ME at
110th overall in year-over-year rent growth.