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Cape Elizabeth, ME Condos for Rent

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    $2,900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    9 Oakview Dr Unit 9, Cape Elizabeth, ME 04107

    Cape Elizabeth - Sunny & spacious. 2 br .condo. One story living. Accommodates large furniture. Both bedrooms w/ walk-in closets. Vaulted ceilings, windows looking at nice Oak and pine groves. Hard wood floors, Privet patio. Minutes to the Ocean, Down Town Portland, the Maine Mall and I-95 All utilities, including air conditioning.

    9 Oakview Dr Unit 9, Cape Elizabeth, ME 04107
  • /14

    $2,875 Per Month

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    9-11 Oakview Dr Unit 11 Oakview Drive, Cape Elizabeth, ME 04107

    Video Tour: ** Leasing Incentives available. Please reach out to Leasing Agent for more details! $2,875.00 - This spacious 2-bedroom, 1-bath condo offers 1,100 square feet of comfortable living in desirable Cape Elizabeth. This bright and inviting home provides generous room sizes, an open layout, and plenty of space to relax or entertain. Brand new heat pumps added to unit

    9-11 Oakview Dr Unit 11 Oakview Drive, Cape Elizabeth, ME 04107

Frequently Asked Questions

How much does it cost to rent a condo in Cape Elizabeth, ME?
The median rent for a condo in Cape Elizabeth, ME is $2,888 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Cape Elizabeth, ME?
To comfortably afford the median rent in Cape Elizabeth, ME, a household needs to earn roughly $150,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,750 per month in Cape Elizabeth, ME, renters typically need to show $11,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cape Elizabeth, ME?
In Cape Elizabeth, ME, the price-to-rent ratio is 19.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cape Elizabeth, ME are best for renting a condo?
The best neighborhood for renting in Cape Elizabeth, ME depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Ferry Village, Downtown Portland, East End and East Deering, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,888
Median 2 Bedroom Condo Rent
$2,888
How to Rent a Home