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Rental Market Trends in Portland, CT

What is the average rent in Portland, CT?

$1,940/month

Average Rent

180 Sq Ft

Average Apartment Size

+0.3%

Increase in the Last Year

As of July 2025, the average rent in Portland, CT is $1,940 per month. This is 19% higher than the national average rent price of $1,636/month, making Portland one of the most expensive cities in the US. When you rent an apartment in Portland, you can expect to pay about $1,762 per month for a studio, $1,940 for a one-bedroom apartment, and around $3,012 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,762/month
545 Sq Ft
One Bedroom
$1,940/month
180 Sq Ft
Two Bedroom
$3,012/month
233 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Portland, CT?

In the past year, rent has increased by 0.3%, which averages out to $6 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Portland, CT
Last Updated July 2025
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

Last Updated Today
  • 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
$2,026/month
697 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
$2,026/month
697 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
$2,026/month
697 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 $1,940, you’ll want to make about $6,466 per month or $77,592 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

110 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.

Explore the Area Guide for Portland, CT

Apartment Averages

East Hampton/Portland

Portland, CT

East Hampton/Portland

Portland, CT

Studio
$1,745/month
$1,745/month
One Bedroom
$1,914/month
$1,914/month
Two Bedroom
$2,960/month
$2,960/month
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Cromwell Average Rent
  • Middletown Average Rent
  • Rocky Hill Average Rent
  • Glastonbury Average Rent

Apartment communities in Portland we think you'll love

Brainerd Place

Brainerd Place

69 Marlborough St,
Portland, CT 06480

Studio - 2 Beds | $1,655 - $3,120

484 Main St

484 Main St

484 Main St,
Middletown, CT 06457

1 Bed | $1,700

Midd-Town Apartments

Midd-Town Apartments

138 College St,
Middletown, CT 06457

Studio - 2 Beds | $1,695 - $3,050

Wharfside Commons

Wharfside Commons

80 Ferry St,
Middletown, CT 06457

1-3 Beds | $1,209 - $1,635

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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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity