close
View Me
Rent Specials
from $1,6931 to 2 Bedroom Apartments Available Now
Summit Terrace at Woodland
60 Woodland RdCape Elizabeth, ME 04107
Cheap Apartments for Rent in Cape Elizabeth, ME from $800 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Cape Elizabeth.
close
View Me
close
View Me
Rent Specials
from $2,1452 Bedroom Apartments Available Now
Summit Terrace
111 Summit TerSouth Portland, ME 04106
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-14, Page 1 of 1
Cape Elizabeth, ME Local Guide
Blueberries by Albert Lew is licensed under CC BY 2.0
How much does it cost to rent an apartment in Cape Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cape Elizabeth 1 Bedroom Apartments | $1,981 | $1,975 | $2,000 |
| Cape Elizabeth 2 Bedroom Apartments | $2,360 | $2,235 | $2,594 |
Browse Top Apartments in Cape Elizabeth
See all Apartments in Cape ElizabethExplore Cape Elizabeth
Cape Elizabeth, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Cape Elizabeth Apartments for Rent and Nearby
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summit Terrace at Woodland | Junior One Bedroom Newly Renovated | 1BR,1BA | $1,693 |
| Summit Terrace | 2 Bedroom | 2BR,1BA | $2,145 |
Best Value Apartments for Rent in Cape Elizabeth, ME and Nearby
As of March 15, 2025 the best value apartment in the Cape Elizabeth area is the $2.38 price per square foot 2 Bedroom Model at Summit Terrace in the in the Downtown Portland neighborhood starting from $2,145. The second greatest value Cape Elizabeth apartment is the 248 Preble St Model at 248 Preble St, Unit #2 starting at $2,000 with a $3.33 price per square foot . Here is today’s list of the best values for Cape Elizabeth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summit Terrace | 2 Bedroom | 2BR,1BA | $2.38 |
| 248 Preble St, Unit #2 | 248 Preble St | 1BR,1BA | $3.33 |
| Summit Terrace at Woodland | Junior One Bedroom Newly Renovated | 1BR,1BA | $3.63 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Cape Elizabeth area?
If you’re an expert on all things Cape Elizabeth, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Cape Elizabeth, ME
Cape Elizabeth Middle School
Cape Elizabeth Public Schools
Public School - Grades 5-8 (434)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cape Elizabeth, ME Rentals by Map
See the most popular apartments and homes in Cape Elizabeth, ME
Cape Elizabeth, ME Apartments MapCape Elizabeth, ME Rental Homes MapGetting Around Cape Elizabeth, ME
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Cape Elizabeth Apartments
How much is rent for a Cheap One Bedroom Cape Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Cape Elizabeth Apartment is $1,693 at Summit Terrace at Woodland.
What is the lowest price for a Cheap Two Bedroom Cape Elizabeth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cape Elizabeth is starting from $2,145 at Summit Terrace.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.