Cape Elizabeth, ME rental market

What is the average rent in Cape Elizabeth, ME?

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Last updated September 13, 2026

Rental market summary

The average rent for all bedrooms and all property types in Cape Elizabeth, ME is $2,975.

Average rent

$2,975

Month-over-month change

-$20

Year-over-year change

-$225

Available rentals

29

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,500 to $7,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,7001
$1,8004
$1,9002
$2,2001
$2,3001
$2,4001
$2,6001
$2,7003
$2,8003
$2,9007
$3,0004
$3,1001
$3,2001
$3,3001
$3,4002
$3,5001
$3,9001
$4,0001
$4,1001
$4,2001
$4,8001
$4,9003
$5,000+2

Average rent price over time

In the last year, rent has decreased by $225 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,500$2,800
Feb$3,850$2,700
Mar$3,900$2,900
Apr$3,495$2,900
May$3,900$3,500
Jun$3,900$3,295
Jul$3,900$3,295
Aug$3,300$3,295
Sep$3,200$2,975
Oct$3,000No data
Nov$3,000No data
Dec$2,900No data

Market temperature

The Cape Elizabeth, ME rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Cape Elizabeth, ME is 49% higher than the national average.

Cape Elizabeth, MEvs.

$2,975

$2,000

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Frequently asked questions

1. What is the average rent in Cape Elizabeth, ME?

The average rent in Cape Elizabeth, ME is $2,975.

2. What is the average rent for a studio apartment in Cape Elizabeth, ME?

The average rent for a studio apartment in Cape Elizabeth, ME is $1,850 per month.

3. What is the average rent for a one-bedroom apartment in Cape Elizabeth, ME?

The average rent for a one-bedroom apartment in Cape Elizabeth, ME is $1,929 per month.

4. What is the average rent for a two-bedroom apartment in Cape Elizabeth, ME?

The average rent for a two-bedroom apartment in Cape Elizabeth, ME is $2,900 per month.

5. What is the average rent for a three-bedroom apartment in Cape Elizabeth, ME?

The average rent for a three-bedroom apartment in Cape Elizabeth, ME is $3,250 per month.

6. What is the average rent for a four-bedroom apartment in Cape Elizabeth, ME?

The average rent for a four-bedroom apartment in Cape Elizabeth, ME is $4,600 per month.

7. How much does it cost to rent a house in Cape Elizabeth, ME?

Houses in Cape Elizabeth, ME rent between $1,500 - $7,000 with an average rent of $2,975.

8. How has the rent in Cape Elizabeth, ME changed in the last year?

In the last year, the rent in Cape Elizabeth, ME decreased by $225

9. How much has the rent in Cape Elizabeth, ME increased/decreased in the last month?

In the last month, the rent in Cape Elizabeth, ME decreased by $20

10. How many available rentals are there in Cape Elizabeth, ME?

There are currently 29 rentals available in Cape Elizabeth, ME.

11. How do rent prices in Cape Elizabeth, ME compare with the national average?

The average rent in Cape Elizabeth, ME is $2,975 — 48.75% higher the national average of $2,000.

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