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Gorham, ME Condo for Rent

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  • /38

    $2,100

    Total Monthly Price

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

    1 Overlook Dr Unit 1 Overlook Drive Apt. 2, Gorham, ME 04038

    Available this June fourth, all inclusive (heat and utilities) furnished studio apartment for rent + garage parking. New renovations- featuring: new appliances, stone countertops in the kitchen, bath with large shower, new lighting, new flooring, painting, sinks, toilet and furniture. - It's very pretty with lots of light and two views; one over the mountains and the other over a field. You will

    1 Overlook Dr Unit 1 Overlook Drive Apt. 2, 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 $2,150 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option.
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 $86,000 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 $2,150 per month in Gorham, ME, renters typically need to show $6,450 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 22.4, 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, Richville and Central Saco, each with its own character and price range.

Rental Home Trends in Gorham, ME

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$2,150
Median 1 Bedroom Condo Rent
$2,100
Median 3 Bedroom Condo Rent
$2,200
How to Rent a Home