What is the median rent in Cape Elizabeth, ME?
The median gross rent in Cape Elizabeth, ME is $2,185 (±$275) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 411 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cape Elizabeth, the median gross rent went from $1,199 in 2015–2019 to $2,185 in 2020–2024 (+82.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $2,185 (±$275)
- Rented homes
- 411 (±154)
- $2,000 or more
- 64.0%
- Since 2015–2019
- +82.2%
How much rent costs in Cape Elizabeth
| Monthly gross rent | Cape Elizabeth | Cumberland County | Maine | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±6.5 points) | 8.0% | 12.2% | 6.3% |
| $500 to $999 | 4.1% (±6.6 points) | 10.7% | 27.4% | 20.2% |
| $1,000 to $1,499 | 7.3% (±7.2 points) | 26.5% | 31.6% | 28.1% |
| $1,500 to $1,999 | 24.6% (±21.2 points) | 27.4% | 16.4% | 21.1% |
| $2,000 to $2,499 | 37.7% (±20.7 points) | 15.7% | 7.1% | 12.0% |
| $2,500 to $2,999 | 0.0% (±6.5 points) | 6.4% | 2.9% | 5.5% |
| $3,000 or more | 26.3% (±20.9 points) | 5.5% | 2.3% | 6.8% |
The most common range is $2,000 to $2,499, paid by 37.7% of renting households.
64.0% of rented homes in Cape Elizabeth cost $2,000 or more a month.
Cape Elizabeth against Cumberland County, its state and the nation
| Cape Elizabeth | Cumberland County | Maine | United States | |
|---|---|---|---|---|
| Median gross rent | $2,185 (±$275) | $1,589 (±$36) | $1,139 (±$13) | $1,413 |
| Rented homes paying rent | 411 (±154) | 38,373 (±1,293) | 142,202 (±2,328) | 42,849,984 |
In Cape Elizabeth, median gross rent is higher than in Cumberland County ($1,589).
It is also higher than in Maine ($1,139).
It is higher than the national figure ($1,413).
In Cumberland County, Cape Elizabeth ranks 2 of 26 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 2 of 355.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cape Elizabeth has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,199 (±$245) | $2,185 (±$275) | +82.2% | Up after inflation |
| Households that rent | 11.3% (±3.6 points) | 12.0% (±4.2 points) | +0.7 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±5.7 points) | 0.0% (±6.0 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Cape Elizabeth
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cape Elizabeth | — | $2,185 (±$275) | — |
| Portland | 4.6 mi | $1,577 (±$35) | Lower |
| South Portland | 6.1 mi | $1,812 (±$97) | Lower |
| Scarborough | 6.5 mi | $1,956 (±$178) | Not measurably different |
| Oak Hill | 7.2 mi | $1,743 (±$181) | Lower |
| Long Island | 8.0 mi | $2,194 (±$226) | Not measurably different |
| Old Orchard Beach (community) | 8.0 mi | $1,246 (±$182) | Lower |
| Old Orchard Beach | 8.0 mi | $1,246 (±$182) | Lower |
| Dunstan | 9.1 mi | $1,770 (±$168) | Lower |
Nearby places with a measurably lower figure: Portland, ME ($1,577), South Portland, ME ($1,812), Oak Hill, ME ($1,743).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Cumberland County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Long Island | $2,194 (±$226) |
| 2 | Cape Elizabeth | $2,185 (±$275) |
| 3 | Cumberland | $2,143 (±$759) |
| 4 | Falmouth | $2,120 (±$441) |
| 5 | Chebeague Island | $2,063 (±$878) |
| 6 | Scarborough | $1,956 (±$178) |
| 7 | Naples | $1,941 (±$625) |
| 8 | South Portland | $1,812 (±$97) |
Showing 8 of 26 places in Cumberland County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Cape Elizabeth
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Cape Elizabeth, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Cape Elizabeth beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Cape Elizabeth, and send estimates and invoices from your phone.
Questions about Cape Elizabeth
What is the average rent in Cape Elizabeth, ME?
The Census Bureau publishes the median rather than the average: the median gross rent in Cape Elizabeth is $2,185 (±$275) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Cape Elizabeth?
In Cape Elizabeth, the median gross rent went from $1,199 in 2015–2019 to $2,185 in 2020–2024 (+82.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Cape Elizabeth cost more than $2,000 a month?
64.0% of rented homes in Cape Elizabeth have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Cape Elizabeth higher than in Cumberland County?
In Cape Elizabeth, median gross rent is higher than in Cumberland County ($1,589).
It is also higher than in Maine ($1,139).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cape Elizabeth town, Cumberland County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cape Elizabeth town, Cumberland County, Maine
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cape Elizabeth town, Cumberland County, Maine
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cape Elizabeth town, Cumberland County, Maine (county subdivision:10180, in state:23 county:005).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cape Elizabeth at a glance
- Renters and owners in Cape Elizabeth
- Income and affordability in Cape Elizabeth
- Home values in Cape Elizabeth
- Homeowner costs in Cape Elizabeth
- Property taxes in Cape Elizabeth
- Types of homes in Cape Elizabeth
- Bedrooms in Cape Elizabeth
- Age of homes in Cape Elizabeth
- Heating fuel in Cape Elizabeth
- Commute and cars in Cape Elizabeth
- Crime reported to police in Cape Elizabeth
- Population growth in Cape Elizabeth
- How long people stay in Cape Elizabeth
- Crowding and facilities in Cape Elizabeth
- Maine landlord and tenant rules
- Housing across Cumberland County
- Maine places ranked by median rent
- Housing data for every place in Maine