Property Prices in Portland, ME, United States

Index Info
Price to Income Ratio: 4.61
Mortgage as Percentange of Income: 34.57%
Loan Affordability Index: 2.89
Price to Rent Ratio - City Centre: 12.21
Price to Rent Ratio - Outside of Centre: 10.11
Gross Rental Yield (City Centre): 8.19%
Gross Rental Yield (Outside of Centre): 9.89%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,354.17 $ 1,200.00-1,500.00
Apartment (1 bedroom) Outside of Centre 1,021.88 $ 900.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,244.00 $ 1,700.00-2,550.00
Apartment (3 bedrooms) Outside of Centre 1,780.00 $ 1,500.00-2,200.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 323.16 $ 285.50-400.00
Price per Square Feet to Buy Apartment Outside of Centre 206.33 $ 184.00-250.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,093.55 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.37 3.75-4.54

These data are based on 60 entries in the past 18 months from 12 different contributors.
Last update: April 2019

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