Housing

New homes permitted, home values and rents, and the housing stock, from federal data.

Checked . Each source updates once or twice a year.

Summary

New homes permitted

Homes approved for construction each year by building permit, counted in housing units: a duplex is two. Some permitted homes are never built, and others take years to finish.

YearHomesIn buildings of 5+
2025423374
202412793
2023150104
2022721694
2021283247
202010246
2019385345
20187841
2017427
2016150107

So far in 2026, through Aug 2026: 703 homes.

Cities and towns report permits to the Census Bureau monthly or once a year. For months without a report, the Bureau estimates the count; those years are marked "partly estimated". Source: U.S. Census Bureau, Building Permits Survey (opens in new tab).

Home values and rents

From the Census Bureau's American Community Survey, which samples households over five years (2020–2024). Each Portland figure has a margin of error (±) because it comes from a sample.

MeasurePortlandMaine
Median home value$489,600±$13,489$296,600
Median rent, per month$1,577±$35$1,139
Renters paying 30% or more of income on rent51.3%±3.948.4%
Renters paying 50% or more22.1%±3.121.8%

Home value is what owners estimate their home would sell for. Rent is gross rent, including utilities the renter pays. Source: U.S. Census Bureau, ACS 2024 5-year, via Census Reporter (opens in new tab).

Housing stock

Homes in Portland by who lives in them, 2020–2024.

HomesNumberShare
Lived in by the owner15,44542%
Rented17,52048%
Vacant3,59410%
of which seasonal or vacation homes1,8885%
All homes36,559100%

Estimates from the American Community Survey. Source: U.S. Census Bureau via Census Reporter (opens in new tab).