
Cheap Homes for Rent in Cape Elizabeth, ME from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Cape Elizabeth.


148 Main St

101 Preble St

24 Bacon St
Cape Elizabeth, ME Local Guide

How much does it cost to rent a home in Cape Elizabeth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cape Elizabeth 2 Bedroom Homes for Rent | $3,083 | $1,675 | $10,000+ |
Cape Elizabeth 3 Bedroom Homes for Rent | $4,270 | $3,000 | $6,475 |
Cape Elizabeth 4 Bedroom Homes for Rent | $6,845 | $4,000 | $10,000+ |
Cape Elizabeth 6 Bedroom Homes for Rent | $18,775 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Cape Elizabeth
Explore Cape Elizabeth
Cape Elizabeth, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Cape Elizabeth, ME and Nearby
As of April 16, 2025 the best value apartment in the Cape Elizabeth area is the $2.32 price per square foot 2BR Balcony Model at Summit Terrace in the in the Downtown Portland neighborhood starting from $2,207. The second greatest value Cape Elizabeth apartment is the 61 D St Model at 61 D St, Unit #2 starting at $1,650 with a $2.75 price per square foot in the Oakdale neighborhood. 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 | 2BR Balcony | 2BR,1BA | $2.32 |
61 D St, Unit #2 | 61 D St | 1BR,1BA | $2.75 |
248 Preble St, Unit #2 | 248 Preble St | 1BR,1BA | $3.33 |
Summit Terrace at Woodland | Junior One Bedroom Newly Renovated | 1BR,1BA | $4.24 |
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.
Frequently Asked Questions about Cape Elizabeth
What type of rentals are currently available in Cape Elizabeth?
There are currently 57 Apartments for Rent in Cape Elizabeth, ME with pricing that ranges from $1,650 to $3,200. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape Elizabeth ranging from $1,150 to $18,775.
What is the current price range for Rental Homes in Cape Elizabeth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cape Elizabeth ranges from $1,150 to $18,775 with an average monthly rent of $5,976.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.