Renting in #Maine is #unaffordable, but it’s the best option in #NewEngland

by Kathleen O'Brien July 23, 2025

"Someone earning minimum wage needs to work 61 hours a week to afford a modest one-bedroom apartment in Maine.

"Maine, like last year, was ranked 26th, which makes it more affordable than any other state in New England. That’s because someone needs to earn $28.42 per hour to afford a two-bedroom unit in Maine — nearly double Maine’s current minimum wage of $14.65 — according to the study."

Read more:
https://www.bangordailynews.com/2025/07/23/business/business-housing/high-rent-prices-maine-best-option-new-england-joam40zk0w/

Archived version:
https://archive.ph/NezVH

#UnaffordableHousing #CorporateLandlords #InstitutionalInvestors #InvestorOwnedHousing #Unhoused #PrivateEquityFirms #CorporateCriminals #HousingForAll #LessMallsMoreHousing #LessOfficeSpaceMoreHousing

Renting in Maine is unaffordable, but it’s the best option in New England

In order to be able to afford a two-bedroom unit in Maine, you'd need to make nearly double the state's current minimum wage.

Bangor Daily News