3

Gorham, ME Condos for Rent

Section Image
  • /11

    $2,000

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    48 Narragansett St Unit Gorham Maine, Gorham, ME 04038

    *APARTMENT BEING FULLY RENOVATED & UPDATED - see pictures of renderings*Second floor, 2 bedroom apartment located in quiet, smoke free, owner occupied building. Living room, eat-in kitchen, bathroom, 2 bedrooms, and large private deck. Off street parking spaces and on-site laundry included. Close to downtown Gorham. Available August 1, 2026. Utilities included - heat, electric, water, and

    48 Narragansett St Unit Gorham Maine, Gorham, ME 04038
  • /7

    $1,850

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    188 Flaggy Meadow Rd Unit 1 Br. Apt., Gorham, ME 04038

    Enjoy Country Living In This Attractive 1br. Apt. Not Far From Town. It Includes: A Galley Kitchen, Full Bath, Heat, Lights, Hot Water, 2 Car parking. No Smoking, No Pets, Lease, Sec. Dep. References. $1,850.00 Mo.

    188 Flaggy Meadow Rd Unit 1 Br. Apt., Gorham, ME 04038
  • /10

    $1,800

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    40 State St Unit Charming One Bedroom, Gorham, ME 04038

    Charming one bedroom apartment for rent in Gorham, Maine. Rent is $1,800 per month with a $1,800 security deposit and a 12 month lease. Heat and hot water are included, while the tenant pays electricity. Available immediately, with first month’s rent prorated for mid month move ins. This recently renovated apartment features fresh paint, refinished hardwood floors, modern fixtures, large windows,

    40 State St Unit Charming One Bedroom, Gorham, ME 04038

Frequently Asked Questions

How much does it cost to rent a condo in Gorham, ME?
The median rent for a condo in Gorham, ME is $1,925 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Gorham, ME?
To comfortably afford the median rent in Gorham, ME, a household needs to earn roughly $74,000 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 $1,850 per month in Gorham, ME, renters typically need to show $5,550 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 Gorham, ME?
In Gorham, ME, the price-to-rent ratio is 26.7, 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 Gorham, ME are best for renting a condo?
The best neighborhood for renting in Gorham, ME depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include West End, Parkside, Downtown Portland and Ferry Village, each with its own character and price range.

Condo Rental Trends in Gorham, ME

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,925
Median 1 Bedroom Condo Rent
$1,825
Median 2 Bedroom Condo Rent
$2,000
Median 3 Bedroom Condo Rent
$2,200
How to Rent a Home