Find property management in Portland, ME
Learn what to look for, compare Portland management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
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Portland Property Managers (53)
Showing all property managers in Portland. Describe your property to show only the managers who offer the services you're looking for.
Knights Realty Group
- Founded in 2003, Knights Realty Group was created due to the high turn over rate and lack of high quality service provided in the real estate management industry. We manage commercial, residentia... View full company profile
The Cabot Group
- Serving our region since 1971, our goal is to deliver superior property management solutions to our clients. We have never failed to save our clients 100% of our fee while delivering the highest... View full company profileMarket Info
Portland Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Portland property management companies to find and get quotes from multiple property managers in Portland, Maine. You can also read our guide to hiring a property management company which covers everything from understanding property management fees to breaking down the property management contract.
Housing Market Stats
| Portland | Maine | U.S. | |
|---|---|---|---|
| Median Home Value | $240,700 | $189,800 | $192,400 |
| Owner Costs > 30% Income | 17.2% | 15.4% | 14.7% |
| Gross Rent > 30% Income | 22.1% | 23% | 19.2% |
Portland Housing Market Stats
As of 2008, the rental vacancy rate in Portland stood at 8%, relatively low compared to the rest of the country. There are about 254,501 housing units, averaging $240,700 in value, 28% of which are occupied by renters. The rent to price ratio in Portland is 0.3%, slightly lower than the Maine average. For 22% of Portland tenants, 30% or more of their income goes to paying rent.
Demographic Stats
| Portland | Maine | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 23.6 | 19.3 | 25.3 |
| Median Age | 41.2 | 39.4 | 36.7 |
| Avg Household Size - Owners | 2.52 | 2.39 | 2.7 |
| Avg Household Size - Renters | 2.03 | 1.97 | 2.42 |
| Median Household Income | $54,996 | $43,216 | $52,175 |
| Per Capita Income | $29,003 | $25,229 | $27,466 |
Portland Demographic Info
Portland has a population of 512,534, comprised of 209,632 households, with on average 2 members per household. Out of approximately 284,733 people in the civilian workforce, 271,095 (95%) were employed in 2008. 92% of the population 25 and older has earned a high school diploma, with 33% holding a 4 year college degree.