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Old 07-29-2008, 06:56 PM
 
54 posts, read 211,671 times
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What is a reasonable price for a 2 to three bedroom apartment/loft/ in Portland and the small towns that encompass Portland cost?
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Old 07-30-2008, 02:55 AM
 
Location: South Portland, Maine
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For my own tastes I would expect to pay 900+ depending on whether or not I am paying my own heat. A nice 3 BR heat included......$1100.
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Old 07-30-2008, 10:09 AM
 
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Portland is generally the most expensive of the towns that make up the area. If you go a few towns over, the rents will drop dramatically. Of course this depends on the town. The Cape will be much more expensive than Windham. But prices are going up.

People aren’t buying houses these days. That is putting more strain on the already tight apartment market in Portland. Also, heating oil costs are getting higher and higher. So a lot of landlords are raising prices. I noticed that a complex I used to live in went up from $ 800.00 to $ 1000.00 for a 1 br.

I am looking for a new place in Portland right now. For what I want (1 br on the peninsula), I am looking at paying a little under $ 1100.00 a month including utilities, not cable or internet. So I would be looking to pay 900’ish per month with out any utilities included. My guess is a 2 br wouldn't be too much more. Maybe an extra 200 a month.

I have found that craigslist has a lot of postings. Maine is a little behind the times, so a lot of them don’t have pictures. The good news is that unlike bigger cities like Boston and NYC, it is unheard of to pay an agency fee when you are looking for a place. The bad news is its hard to tell what the place is like even with a picture. My advice is to always see the place first. And even drive by it at night and see what it is really like.

They mostly come at night, mostly...
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