RentData

Average Rent in York, ME↑ Rents rising 7.9% YoY🔺 Most expensive in ME

HUD FY2027 · Official government data · Updated annually · Metro pop. 557,764

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

York, ME has rental prices ranging from $1,655/month to $3,383/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,816/month — 30% above the national average of $1,400/month. With a median household income of $88,602/year, spending $1,816/month on a 1-bedroom represents 25% of gross income — within the recommended 30% threshold.

How York Compares

With an average 2-bedroom rent of $2,376/month, York ranks #1 most expensive of the 19 cities tracked in Maine — pricier than 99% of all US cities in our data.

The York Rental Market

The York, ME area has a population of about 557,764 and 27% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in York, ME have risen by $174/month (7.9%) over the past year, from $2,202 to $2,376. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in York, ME without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $72,640. The local median household income of $88,602 exceeds that threshold by $15,962, making York relatively accessible compared to local wages.

Rent vs. Buy

The median home value in York, ME is $759,677, giving a price-to-rent ratio of 26.6. With a break-even horizon of approximately 27 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across York's neighborhoods. Among the highest-value areas are Cape Neddick ($727,915 median home value), York Harbor ($825,031 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2027
Studio
$1,655
Affordable
1 Bedroom
$1,816
Affordable
2 Bedrooms
$2,376
↑7.9% YoY
Average
3 Bedrooms
$2,831
Average
4 Bedrooms
$3,383
Expensive
🔔
Get Rent Alerts
Be notified when rents change in York
▼
Median Home Value
$759,677
Source: Zillow ZHVI
Est. monthly payment
$4,043/mo
20% down · 30yr · 7%

Is York, ME Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$95,040/year
Local median income: $88,602
To buy a median home
$161,733/year
US national median: $75,000
💡 Based on a 2BR rent of $2,376/month and 20% down on a $759,677 home at 7% rate.

Nearby Cities in MElargest metros in the state

CityStudio1BR2BR3BRHome Value
Portland$1,639$1,864$2,353$2,902—
Cumberland County$1,545$1,561$1,941$2,425—
York County$1,352$1,500$1,792$2,464—
Penobscot County$1,042$1,144$1,496$2,039—
Bangor$1,305$1,380$1,722$2,203—
Kennebec County$1,043$1,050$1,374$1,767—

Rent or Buy in York?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real York data

$
Home Value
$759,677
2BR Rent
$2,376/mo
Mortgage Rate
7%
Monthly P&I
$4,043/mo
🏠 Buy

Buying breaks even after 2 years — worth it if you stay 2+ years.

Total monthly buy cost: $5,594/movs rent: $2,376/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $759,677 home at 7% rate

20% — $151,935
3%50%
Estimated Monthly Payment
$4,043
per month · 30 years · 7% APR
Loan Amount
$607,742
Total Paid
$1,455,595
Total Interest
$847,853
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in York

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in York

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in York

Is it cheaper to rent or buy here?

💵Rent Affordability in York

Salary needed to afford rent here

🗺️All Cities in ME

See how York ranks statewide

⚖️Compare York

Side-by-side rent & cost of living with any city

📋ME Tenant Rights

Deposit limits, eviction laws & renters protections