With a picturesque waterfront, vibrant arts scene, and historic architecture, Portland, ME, is one of the many stellar cities to move to in the region. Portland draws residents with its charming cobblestone streets, bustling food scene, and community feeling. Whether it’s the lively Old Port district, the serene Deering Center, or the other unique neighborhoods, there are apartments for rent and homes for sale in Portland to suit every lifestyle.
The average rent in Portland is $2,418, while the median sale price is $540,000. If you’re considering moving to the area, Redfin has gathered a list of 11 popular Portland neighborhoods to explore. From the bustling Downtown area to the picturesque East Bayside, Portland offers unique neighborhoods that cater to different lifestyles and preferences. So, if you’re looking for a home full of character and charm or an apartment for rent in Portland, this city has much to offer.
1. Deering Center
Deering Center is a charming residential neighborhood. It’s known for its historic homes, tree-lined streets, and green outdoor spaces. The area is home to several parks, including Mayor Baxter Woods, which has walking trails. Deering Center features a mix of architectural styles, including Colonial, Victorian, and Craftsman single-family homes to multi-family properties.
Median Sale Price: $544,500
Homes for Sale in Deering Center | Apartments for Rent in Deering Center
2. Downtown
Downtown is the bustling heart of Portland, showcasing a vibrant mix of dining, shopping, and entertainment options. The neighborhood is home to iconic landmarks such as the Portland Museum of Art, Merrill Auditorium, Congress Street, and the historic Old Port district. Downtown features a mix of housing options, including modern high-rise condos and historic brownstones. The area offers a variety of architectural styles, from sleek contemporary designs to classic brick buildings.
Median Sale Price: $550,000
Average Rent for 1-Bedroom Apartment: $2,450
Homes for Sale in Downtown | Apartments for Rent in Downtown
3. East Bayside
East Bayside is a vibrant neighborhood known for its thriving arts scene and eclectic dining options. The area is home to plenty of breweries like Rising Tide Brewing Company and Shipyard Brewing Company. You can also find waterfront parks like Back Cove Park and Bayside Trail. East Bayside has many housing options, including historic Victorian homes and modern loft-style apartments, from classic New England designs to contemporary urban features.
Median Sale Price: $559,000
Homes for Sale in East Bayside | Apartments for Rent in East Bayside
4. East Deering
East Deering is a picturesque neighborhood located along the Presumpscot River. The area is known for its natural beauty and outdoor recreational opportunities, including access to the Portland Trails network. East Deering has plenty of housing options, including single-family homes and waterfront properties. The neighborhood offers a variety of architectural styles, from traditional Cape Cod homes to contemporary custom builds.
Median Sale Price: $405,000
Homes for Sale in East Deering | Apartments for Rent in East Deering
5. Libbytown
Libbytown is a historic neighborhood located just west of downtown Portland. The area is home to iconic landmarks such as the Thompson’s Point entertainment complex, which has a concert venue, the Children’s Museum & Theatre of Maine, and the International Cryptozoology Museum. You can also catch the Fore River Trail in the Libbytown neighborhood. Libbytown features a mix of housing options, including historic single-family homes and modern condos.
Median Sale Price: $510,000
Homes for Sale in Libbytown | Apartments for Rent in Libbytown
6. Oakdale
Oakdale is a charming neighborhood outside of downtown. Known for its tree-lined streets and historic homes, Oakdale is home to popular attractions such as the Back Cove Trail and the University of Southern Maine. Oakdale features a mix of housing options, including historic single-family homes and modern waterfront properties.
Median Sale Price: $618,750
Average Rent for 2-Bedroom Apartment: $3,450
Homes for Sale in Oakdale | Apartments for Rent in Oakdale
7. Old Port
Old Port is a historic waterfront neighborhood south of downtown. The area is known for its cobblestone streets and historic brick buildings. It’s home to plenty of restaurants showcasing fresh fish, small plates, regional desserts, and classic fare. Old Port features a mix of housing options, including historic brick townhouses and modern waterfront condos. The neighborhood offers a variety of architectural styles, from classic Federal-style designs to Contemporary buildings.
Median Sale Price: $375,000
Homes for Sale in Old Port | Apartments for Rent in Old Port
8. Parkside
Parkside is a beautiful neighborhood known for the iconic Deering Oaks Park that hosts concerts, farmers’ markets, and ice skating. The area has historic architecture seen in the Deering Street Historic District. It’s also near downtown, where you can find attractions like the Portland Museum of Art and One Longfellow Square. Parkside has historic Victorian single-family homes and modern condos.
Median Sale Price: $310,000
Average Rent for 1-Bedroom Apartment: $1,750 | Average Rent for 2-Bedroom Apartment: $1,900
Homes for Sale in Parkside | Apartments for Rent in Parkside
9. Stroudwater
Stroudwater is known for its historic homes and scenic river views. The area is home to popular attractions such as the Fore River Sanctuary, featuring hiking trails, and the Tate House Museum, a home dating back to 1755. Stroudwater has various housing options, including classic colonial homes and contemporary custom builds.
Median Sale Price: $705,000
Homes for Sale in Stroudwater | Apartments for Rent in Stroudwater
10. West Bayside
West Bayside is a vibrant neighborhood located north of Downtown Portland, known for its thriving arts scene and extensive dining options. You can find local spots like the Bayside Trail, cafes, and diners throughout the neighborhood. West Bayside has historic Victorian homes and modern loft-style apartments.
Median Sale Price: $375,000
Average Rent for 1-Bedroom Apartment: $3,392 | Average Rent for 2-Bedroom Apartment: $4,412
Homes for Sale in West Bayside | Apartments for Rent in West Bayside
11. West End
West End is a historic neighborhood known for its Victorian-era architecture, tree-lined streets, and stunning water views. The area is home to popular attractions such as the Western Promenade and the historic Victoria Mansion. In West End, you’ll find historic Victorian single-family homes and modern condos.
Median Sale Price: $625,500
Homes for Sale in West End | Apartments for Rent in West End
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during February 2024. Average rental data from Rent.com during February 2024.
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