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Rental Market Trends in Portland, CT

Updated July 2026

The average rent in Portland, CT is $1,852/month.

Rent in Portland is roughly equal to the national average rent of of $1,662/month.

$1,852/month

Average Rent

482 Sq Ft

Average Size

+0.2%

Change / Year

91

Available Apartments

Portland rent varies by unit size and layout:

  • Studio apartments in Portland average $1,813 per month.
  • One-bedroom apartments in Portland average $1,852 per month.
  • Two-bedroom apartments in Portland average $3,027 per month.
  • Three-bedroom apartments in Portland average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,813/month
545 Sq Ft
One Bedroom
$1,852/month
482 Sq Ft
Two Bedroom
$3,027/month
233 Sq Ft
View Portland Apartments

How much has average rent changed in Portland, CT?

In the past year, rent has increased by 0.2%, which averages out to $3 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Portland, CT

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Portland, CT
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Portland?

Based on current rent prices, East Hampton/Portland is the most affordable neighborhood in Portland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Hampton/Portland
$2,006/month
1,077 Sq Ft

What are the most expensive neighborhoods in Portland?

Based on current rent prices, East Hampton/Portland is the most expensive neighborhood in Portland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Hampton/Portland
$2,006/month
1,077 Sq Ft

Which Portland neighborhoods have the most rentals available?

The neighborhood in Portland with the most apartments available is East Hampton/Portland .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Hampton/Portland
$2,006/month
1,077 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Portland, CT?

Because the average rent in Portland is $1,852, you’ll want to make about $6,173 per month or $74,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Portland, CT

91 Available Apartments for Rent

Search for Nearby Apartments

How does Portland, CT compare to other nearby cities and neighborhoods?

Use the tool below to compare Portland, CT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Portland Area Guide

Apartment Averages

East Hampton/Portland

Portland, CT

East Hampton/Portland

Portland, CT

Studio
$1,795/month
$1,795/month
One Bedroom
$1,799/month
$1,799/month
Two Bedroom
$2,975/month
$2,975/month
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Middletown

    Middletown

  • Rocky Hill

    Rocky Hill

Apartment Communities in Portland We Think You'll Love

Brainerd Place

Brainerd Place

75 Marlborough St,
Portland, CT 06480

Studio - 2 Beds | $1,793 - $3,175

Middletown at Main

Middletown at Main

710-712 Main St,
Middletown, CT 06457

Studio - 3 Beds | $1,400 - $2,700

Wharfside Commons

Wharfside Commons

80 Ferry St,
Middletown, CT 06457

2 Beds | $500 - $1,700

Midd-Town Apartments

Midd-Town Apartments

138 College St,
Middletown, CT 06457

Studio - 2 Beds | $1,695 - $3,095

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Frequently Asked Questions

What is the average rent in Portland?

The average rent in Portland is $1,852 per month, which is 11.4% higher than the national average of $1,662.

Are rents going up or down in Portland?

Rents in Portland, CT are increasing, with prices up 0.2% year-over-year and $3 more per month.

What rent range is most common in Portland?

In Portland, CT, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Connecticut Portland Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity