About the State Of Maine

Maine offers renters seeking Maine Apartments choices that range from urban seaside to rural inland. Situated in the upper Northeastern part of New England, Maine offers those who live there a unique experience. From the famous clam chowder and fresh caught seafood to the famous blueberry farms, Maine is known world wide for fine food. But those living there also know it is a fine friendly place with a lot going for it.

Holding only one-point-three million people, this large state is the most sparsely populated eastern state. Over a third of those people live in and around the metro Portland area. There you can find nightlife, plentiful commerce and culture, and always a friendly face. Those renting Maine Apartments can find jobs in the service sector, both with tourism and hospility, among the blueberry and cranberry farms, fishing or working in the city for a number of lively firms.

Those wanting to take in leisure activities too will discover that Maine has a lot to offer. The rocky, scenic coast hides such great seaport towns like Camden which is world famous for the seafood they serve there. Or one can hit the southern part of the state to take in an off-Broadway play at The Ogunquit Playhouse. The state\’s many small communities host a number of cultural events, gatherings, and celebrations too. Among the most well known is the KahBang Music Festival in Bangor. Outdoor lovers can take in a chartered boat tour, go fishing, or head inland to Baxter State Park or Acadia National Park for hiking, camping or other activities.

How Rents Compare to the National Average and Nearby States

Average rents for all types of apartments are just a percentage point or so above the national average with the exception of studio apartments which can run as much as 50% higher then the national average. Compared to other states in the region one can see that Maine is very reasonable and sits near the bottom for cost of living. Here are the numbers: Massachusetts, $1419; Connecticut, $1194; Vermont, $1098; New Hampshire, $1050; Maine Apartments, $986; Rhode Island, $982.

Current Rents and Past Trends for Apartments in Maine

When staying in Maine one should steer away from studio apartments as they cost more then a three bedroom one. This might be due to very limited choices or because they only exist in Portland. If the average price is for Portland then rural apartments are much cheaper then urban ones. Here are the statistics so you can make up your own mind: Studio, $1,332; One Bedroom, $798; Two Bedroom Maine Apartments, $986; Three Bedroom, $1,270. All prices are for the month of May 2011.

Six month trends look like this: December, $909; January, $958; February, $909; March, $925; April, $947; May, $986. The prices are on the rise showing an overall increase of nearly 75 dollars over the last six months. Those renting Maine Apartments should be considering locking in their rates through long term leases as a hedge against future price increases.

Author Bio: You have choices in Maine as to where you rent, from the coast to the inland, no matter what you are seeking chances are Maine has it. Maine Apartments average about the same as the national average, with the exception of studio sized ones. Seek out a traditional one bedroom instead for the best housing value.

Category: Real Estate
Keywords: Maine Apartments,Apartments for Rent,Apartment Rentals,Maine Apartments for rent