
Cheap Homes for Rent in Cape Elizabeth, ME from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Cape Elizabeth.


15 St Marys St

101 Preble St

397 Alfred Rd

38 Graham St

128 Alfred Rd

25 Foss St

53 Summer St

46 E Grand Ave

28 Bacon St

106 Granite 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 | $3,422 | $1,675 | $10,000+ |
Cape Elizabeth 3 Bedroom Homes for Rent | $4,032 | $2,800 | $7,975 |
Cape Elizabeth 4 Bedroom Homes for Rent | $5,754 | $3,495 | $9,775 |
Browse Top Homes for Rent in Cape Elizabeth
Explore Cape Elizabeth
Cape Elizabeth, ME Local Guide
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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 | 2BR Balcony | 2BR,1BA | $2,207 |
Best Value Apartments for Rent in Cape Elizabeth, ME and Nearby
As of March 24, 2025 the best value apartment in the Cape Elizabeth area is the $2.19 price per square foot 347 Ocean St Model at 347 Ocean St, Unit 1 in the in the Libbytown neighborhood starting from $2,500. The second greatest value Cape Elizabeth apartment is the 2BR Balcony Model at Summit Terrace starting at $2,207 with a $2.32 price per square foot in the Downtown Portland 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. |
---|---|---|---|
347 Ocean St, Unit 1 | 347 Ocean St | 2BR,1BA | $2.19 |
Summit Terrace | 2BR Balcony | 2BR,1BA | $2.32 |
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 |
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Frequently Asked Questions about Cape Elizabeth
What type of rentals are currently available in Cape Elizabeth?
There are currently 58 Apartments for Rent in Cape Elizabeth, ME with pricing that ranges from $1,975 to $3,500. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape Elizabeth ranging from $1,150 to $11,775.
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 $11,775 with an average monthly rent of $3,210.
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.