Cape Elizabeth, ME rental market

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Last updated August 10, 2025

Rental market summary

The average rent for all bedrooms and all property types in Cape Elizabeth, ME is $3,300.

Average rent

$3,300

Month-over-month change

-$400

Year-over-year change

-$950

Available rentals

21

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,025 to $22,000.

Rent frequencies
Rent priceNumber of rental properties
$2,0001
$2,1001
$2,2001
$2,3001
$2,4001
$2,8001
$2,9001
$3,0001
$3,1003
$3,2005
$3,3001
$3,5001
$3,6001
$3,7001
$4,2001
$4,3001
$4,4002
$4,9001
$5,000+4

Average rent price over time

In the last year, rent has decreased by $950 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,870$3,500
Feb$3,000$3,850
Mar$3,000$3,900
Apr$3,000$3,495
May$4,000$3,900
Jun$4,550$3,900
Jul$3,500$3,900
Aug$3,833$3,300
Sep$3,696No data
Oct$3,050No data
Nov$3,140No data
Dec$2,945No data

Market temperature

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

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Cape Elizabeth, ME is 57% higher than the national average.

Cape Elizabeth, MEvs.

$3,300

$2,100

Rent in Cape Elizabeth, ME

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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 $3,300.

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

Houses in Cape Elizabeth, ME rent between $2,025 - $22,000 with an average rent of $3,300.

3. 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 $950

4. 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 $400

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

There are currently 21 rentals available in Cape Elizabeth, ME.

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

The average rent in Cape Elizabeth, ME is $3,300 — 57.14% higher the national average of $2,100.